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Revenue from Contracts with Customers (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The Company’s revenues and other income for each of the three year presented were as follows.
Years Ended December 31,
(Thousands of dollars)202320222021
Net crude oil and condensate revenue
United StatesOnshore$676,139 $856,219 $626,136 
                     
Offshore 1
2,072,353 2,229,658 1,478,993 
Canada    Onshore78,088 131,400 119,799 
Offshore78,650 117,747 92,741 
Other11,022 22,824 4,924 
Total crude oil and condensate revenue2,916,252 3,357,848 2,322,593 
Net natural gas liquids revenue
United States Onshore33,178 64,015 50,189 
 
Offshore 1
47,434 60,424 44,411 
Canada Onshore8,914 18,338 16,375 
Total natural gas liquids revenue89,526 142,777 110,975 
Net natural gas revenue
United States Onshore21,346 64,037 39,803 
Offshore 1
71,332 161,160 81,944 
Canada   Onshore278,183 312,629 245,900 
Total natural gas revenue370,861 537,826 367,647 
Revenue from production3,376,639 4,038,451 2,801,215 
Sales of purchased natural gas
United States Offshore 204 – 
Canada Onshore72,215 181,485 – 
Total sales of purchased natural gas72,215 181,689 – 
Total revenue from sales to customers 3,448,854 4,220,140 2,801,215 
(Loss) gain on crude contracts (320,410)(525,850)
Gain on sale of assets and other income
11,293 32,932 23,916 
Total revenue and other income$3,460,147 $3,932,662 $2,299,281 
1 Includes revenue attributable to noncontrolling interest in MP GOM.
Schedule of Current Long-Term Contracts Outstanding
As of December 31, 2023, the Company had the following sales contracts in place which are expected to generate revenue from sales to customers for a period over 12 months starting at the inception of the contract:
Long-Term Contracts Outstanding at December 31, 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 2024Contracts to sell natural gas at USD index pricing31 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at CAD fixed pricing124 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at USD fixed pricing25 MMCFD
CanadaNatural GasQ4 2024Contracts to sell natural gas at CAD index pricing28 MMCFD
CanadaNatural GasQ4 2026Contracts to sell natural gas at USD index pricing49 MMCFD
CanadaNatural GasQ4 2027Contracts to sell natural gas at USD index pricing30 MMCFD
CanadaNatural GasQ4 2028Contracts to sell natural gas at USD index pricing10 MMCFD