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Revenues from Contracts with Customers
3 Months Ended
Mar. 31, 2024
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 March 31, 2023 includes the receipt of a $3.6 million make-whole payment. Accounts receivable attributable to our revenue contracts with customers was $161.3 million at March 31, 2024 and $263.9 million at December 31, 2023. Revenue attributable to each of our identified revenue streams is disaggregated below (in thousands):

 

 

 

Three Months Ended
March 31,

 

 

2024

 

 

2023

 

Natural gas sales

$

271,475

 

 

$

441,580

 

NGLs sales

 

256,076

 

 

 

256,440

 

Oil sales

 

39,450

 

 

 

38,262

 

Total natural gas, NGLs and oil sales

 

567,001

 

 

 

736,282

 

Sales of purchased natural gas

 

26,200

 

 

 

75,060

 

Sales of purchased NGLs

 

236

 

 

 

368

 

Interest income

 

2,943

 

 

 

957

 

Other marketing revenue

 

2,391

 

 

 

5,726

 

Total

$

598,771

 

 

$

818,393