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Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The Company’s revenues and other income for the three-month periods ended March 31, 2024 and 2023 were as follows.
Three Months Ended
March 31,
(Thousands of dollars)20242023
Net crude oil and condensate revenue
United States
Onshore$142,543 $130,081 
                     
Offshore 1
480,439 500,310 
Canada    
Onshore13,873 21,952 
Offshore54,775 16,130 
Other
(98)3,644 
Total crude oil and condensate revenue691,532 672,117 
Net natural gas liquids revenue
United States
Onshore7,836 8,270 
 
Offshore 1
10,374 14,629 
Canada
Onshore1,437 3,463 
Total natural gas liquids revenue19,647 26,362 
Net natural gas revenue
United States
Onshore4,276 5,450 
Offshore 1
12,889 22,132 
Canada
Onshore66,259 70,170 
Total natural gas revenue83,424 97,752 
Revenue from production794,603 796,231 
Sales of purchased natural gas
Canada
Onshore245 43,737 
Total sales of purchased natural gas245 43,737 
Total revenue from sales to customers794,848 839,968 
Gain on sale of assets and other income1,564 1,748 
Total revenues and other income$796,412 $841,716 
1 Includes revenue attributable to noncontrolling interest in MP GOM.
Current Long-Term Contracts Outstanding
As of March 31, 2024, 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 March 31, 2024
LocationCommodityEnd DateDescriptionApproximate Volumes
U.S.Natural Gas and NGLQ1 2030Deliveries from dedicated acreage in Eagle FordAs produced
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 2025Contracts to sell natural gas at USD index pricing25 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