Risk Concentrations

6 Months Ended

Jun. 30, 2020

Risk Concentrations

Risk Concentrations

Note 9 — Risk Concentrations

Customer Concentrations 

For the three months ended June 30, 2020, two customers, EOG Resources and Concho Resources, Inc., accounted for 23% and 18%, respectively, of the Company’s consolidated revenues. For the six months ended June 30, 2020, the same two customers each accounted for 19% of the Company’s consolidated revenues. As of June 30, 2020, approximately 18% of the accounts receivable balance was due from these customers.

For the three months ended June 30, 2019, two customers, EOG Resources and Concho Resources, Inc., accounted for 17% and 15%, respectively, of the Company’s consolidated revenues. For the six months ended June 30, 2019, two customers, EOG Resources and Concho Resources, Inc., accounted for 17% and 14%, respectively, of the Company’s consolidated revenues. As of June 30, 2019, approximately 19% of the accounts receivable balance was due from these customers.