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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Three Months Ended
September 30,
Nine Months Ended
September 30,
(Thousands of dollars)2023202220232022
Net crude oil and condensate revenue
United States
Onshore$207,448 $247,562 $514,614 $684,099 
                     Offshore568,721 597,242 1,549,872 1,675,389 
Canada    
Onshore20,610 29,445 61,868 106,559 
Offshore22,272 30,030 63,273 97,216 
Other
3,442 4,867 7,086 18,503 
Total crude oil and condensate revenue822,493 909,146 2,196,713 2,581,766 
Net natural gas liquids revenue
United States
Onshore9,953 18,288 24,763 53,035 
 
Offshore10,908 16,079 37,078 48,151 
Canada
Onshore2,539 4,932 7,519 14,800 
Total natural gas liquids revenue23,400 39,299 69,360 115,986 
Net natural gas revenue
United States
Onshore6,035 21,009 15,623 51,412 
Offshore18,377 52,143 55,311 121,911 
Canada
Onshore75,584 99,312 204,949 230,661 
Total natural gas revenue99,996 172,464 275,883 403,984 
Revenue from production945,889 1,120,909 2,541,956 3,101,736 
Sales of purchased natural gas
United States
Offshore –  181 
Canada
Onshore7,877 45,500 64,628 132,104 
Total sales of purchased natural gas7,877 45,500 64,628 132,285 
Total revenue from sales to customers953,766 1,166,409 2,606,584 3,234,021 
Gain (loss) on derivative instruments 115,191  (308,654)
Gain on sale of assets and other income5,879 21,825 9,365 32,076 
Total revenues and other income$959,645 $1,303,425 $2,615,949 $2,957,443 
Current Long-Term Contracts Outstanding
As of September 30, 2023, 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:
Current Long-Term Contracts Outstanding at September 30, 2023
LocationCommodityEnd DateDescriptionApproximate Volumes
U.S.Natural Gas and NGLQ1 2030Deliveries from dedicated acreage in Eagle FordAs produced
CanadaNatural GasQ4 2025Contracts to sell natural gas at USD index pricing25 MMCFD
CanadaNatural GasQ4 2023Contracts to sell natural gas at CAD fixed prices38 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at USD index pricing31 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at CAD fixed prices100 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at CAD fixed prices34 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at USD index fixed prices15 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at CAD index prices28 MMCFD
CanadaNatural GasQ4 2026Contracts to sell natural gas at USD index pricing49 MMCFD
CanadaNatural GasQ4 2027Contracts to sell natural gas at USD index prices20 MMCFD
CanadaNGLQ1 2024Contracts to sell natural gas liquids at various CAD pricingAs produced