XML 38 R27.htm IDEA: XBRL DOCUMENT v3.10.0.1
New Accounting Standards (Tables)
9 Months Ended
Sep. 30, 2018
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]  
Schedule of Impact of Adoption of New Revenue Recognition Standard

The impact of adoption of the new revenue recognition standard on our current period results is as follows (in thousands):

 

Three Months Ended September 30, 2018

As Reported

 

 

Previous Revenue

Recognition Method

 

 

 

 

 

 

 

 

 

 

$

 

 

 

$ Per mcfe

 

 

 

$

 

 

 

$ Per

mcfe

 

 

 

Increase

 

 

 

$ Per

mcfe

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Natural gas, NGLs and oil sales

$

736,431

 

 

$

3.53

 

 

$

688,684

 

 

$

3.30

 

 

$

47,747

 

 

$

0.23

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transportation, gathering, processing and compression

$

304,562

 

 

$

1.46

 

 

$

256,815

 

 

$

1.23

 

 

$

47,747

 

 

$

0.23

 

Net income

$

48,539

 

 

 

 

 

 

$

48,539

 

 

 

 

 

 

$

 

 

 

 

 

 

 

Nine Months Ended September 30, 2018

As Reported

 

 

Previous Revenue

Recognition Method

 

 

 

 

 

 

 

 

 

$

 

 

 

$ Per

mcfe

 

 

 

$

 

 

 

$ Per

mcfe

 

 

 

Increase

 

 

 

$ Per

mcfe

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Natural gas, NGLs and oil sales

$

2,094,450

 

 

$

3.45

 

 

$

1,966,731

 

 

$

3.24

 

 

$

127,719

 

 

$

0.21

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Transportation, gathering, processing and compression

$

819,100

 

 

$

1.35

 

 

$

691,381

 

 

$

1.14

 

 

$

127,719

 

 

$

0.21

Net income

$

17,941

 

 

 

 

 

 

$

17,941

 

 

 

 

 

 

$