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Revenues from Contracts with Customers
6 Months Ended
Jun. 30, 2023
Revenue from Contract with Customer [Abstract]  
Revenues from Contracts with Customers

(4) REVENUES FROM CONTRACTS WITH CUSTOMERS

Disaggregation of Revenue

We have three material revenue streams in our business: natural gas sales, NGLs sales and condensate sales (referred to below as oil sales). Brokered revenue attributable to each product sales type is included here because the volume of product that we purchase is subsequently sold to separate counterparties in accordance with existing sales contracts under which we also sell our production. Other marketing revenue for the three months ended June 30, 2023 includes the receipt of a $1.5 million make-whole payment and the six months ended June 30, 2023 includes a total of $5.1 million in make-whole payments. Accounts receivable attributable to our revenue contracts with customers was $165.8 million at June 30, 2023 and $463.3 million at December 31, 2022. Revenue attributable to each of our identified revenue streams is disaggregated below (in thousands):

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Natural gas sales

$

225,359

 

 

$

909,754

 

 

$

666,939

 

 

$

1,539,677

 

NGLs sales

 

200,717

 

 

 

374,699

 

 

 

457,157

 

 

 

713,068

 

Oil sales

 

42,306

 

 

 

72,439

 

 

 

80,568

 

 

 

136,498

 

Total natural gas, NGLs and oil sales

 

468,382

 

 

 

1,356,892

 

 

 

1,204,664

 

 

 

2,389,243

 

Sales of purchased natural gas

 

39,034

 

 

 

103,368

 

 

 

114,094

 

 

 

187,430

 

Sales of purchased NGLs

 

300

 

 

 

640

 

 

 

668

 

 

 

2,280

 

Interest income

 

1,780

 

 

 

30

 

 

 

2,737

 

 

 

41

 

Other marketing revenue

 

3,747

 

 

 

4,135

 

 

 

9,473

 

 

 

5,864

 

Total

$

513,243

 

 

$

1,465,065

 

 

$

1,331,636

 

 

$

2,584,858