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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2020
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
For the three-month and six-month periods ended June 30, 2020, the Company recognized $285.7 million and $886.3 million, respectively, from contracts with customers for the sales of oil, natural gas liquids and natural gas. For the three-month and six-month periods ended June 30, 2019, the Company recognized $680.4 million and $1,309.8 million respectively, from contracts with customers for the sales of oil, natural gas liquids and natural gas.
Three Months Ended
June 30,
Six Months Ended
June 30,
(Thousands of dollars)2020201920202019
Net crude oil and condensate revenue
United States
Onshore$54,550  193,565  185,786  328,241  
                     Offshore150,253  352,281  497,225  691,944  
Canada    
Onshore11,527  28,031  34,910  56,972  
Offshore11,077  42,355  35,691  87,279  
Other
(58) 3,123  1,806  5,975  
Total crude oil and condensate revenue
227,349  619,355  755,418  1,170,411  
Net natural gas liquids revenue
United States
Onshore3,876  8,719  9,379  16,940  
 
Offshore3,464  4,478  8,490  9,770  
Canada
Onshore1,276  2,775  3,310  6,236  
Total natural gas liquids revenue
8,616  15,972  21,179  32,946  
Net natural gas revenue
United States
Onshore4,090  7,340  9,648  14,914  
Offshore10,665  9,219  25,660  13,696  
Canada   
Onshore35,025  28,550  74,398  77,823  
Total natural gas revenue
49,780  45,109  109,706  106,433  
Total revenue from contracts with customers285,745  680,436  886,303  1,309,790  
(Loss) gain on crude contracts(75,880) 57,916  324,792  57,916  
Gain on sale of assets and other income1,677  5,598  4,175  6,790  
Total revenue and other income$211,542  743,950  1,215,270  1,374,496  
Current Long-Term Contracts Outstanding
As of June 30, 2020, the Company had the following sales contracts in place which are expected to generate revenue from sales to customers for a period of more than 12 months starting at the inception of the contract:
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Current Long-Term Contracts Outstanding at June 30, 2020
Approximate Volumes
LocationCommodityEnd DateDescription
U.S.OilQ4 2021Fixed quantity delivery in Eagle Ford17,000 BOED
U.S.Natural Gas and NGLQ1 2023Deliveries from dedicated acreage in Eagle FordAs produced
CanadaNatural GasQ4 2020Contracts to sell natural gas at Alberta AECO fixed prices59 MMCFD
CanadaNatural GasQ4 2020Contracts to sell natural gas at USD Index pricing60 MMCFD
CanadaNatural GasQ4 2021Contracts to sell natural gas at USD Index pricing10 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at USD Index pricing30 MMCFD
CanadaNatural GasQ4 2026Contracts to sell natural gas at USD Index pricing38 MMCFD
CanadaNatural GasQ4 2026Contracts to sell natural gas at USD Index pricing11 MMCFD