XML 52 R39.htm IDEA: XBRL DOCUMENT v3.10.0.1
Acquisitions and Divestitures - Narrative (Details)
$ in Millions
1 Months Ended 3 Months Ended 9 Months Ended
Oct. 03, 2018
shares
Oct. 03, 2018
USD ($)
Oct. 02, 2018
shares
Mar. 14, 2018
USD ($)
shares
Feb. 15, 2018
USD ($)
$ / bbl
Jan. 31, 2018
USD ($)
Jun. 28, 2017
USD ($)
$ / MMBTU
Jun. 26, 2017
USD ($)
a
shares
Apr. 24, 2017
USD ($)
shares
Apr. 03, 2017
USD ($)
Sep. 30, 2018
USD ($)
shares
Jan. 31, 2018
USD ($)
Sep. 30, 2018
USD ($)
shares
Jun. 30, 2018
USD ($)
shares
Mar. 31, 2018
USD ($)
Sep. 30, 2017
USD ($)
MMcf / d
MMBoe
well
Sep. 30, 2018
USD ($)
shares
Sep. 30, 2017
USD ($)
MMBoe
well
Apr. 11, 2018
MMBoe
Feb. 01, 2018
shares
Jan. 29, 2018
Jan. 28, 2018
Dec. 31, 2017
USD ($)
Dec. 31, 2017
Bcf
Dec. 31, 2017
MMBoe
Dec. 31, 2017
shares
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Asset Impairments                         $ 0.0     $ 0.0 $ 168.0 $ 0.0                
Proceeds from divestiture                                 182.0 129.0                
Gain (loss) on divestiture                         $ 193.0     $ 0.0 859.0 0.0                
Proceeds from Sale of 7.5% Interest in Tamar Field                                 484.0 0.0                
Proceeds from sale                                 $ 691.0 0.0                
Equity owned (units) | shares                     0   0       0                 21,692,198
Consideration                 $ 2,488.0                                  
Cash consideration                 637.0               $ 0.0 616.0                
Intangible assets                     $ 318.0   $ 318.0       318.0           $ 0.0      
Goodwill                 1,291.0   $ 1,401.0   1,401.0       1,401.0           $ 1,310.0      
Undeveloped Leasehold Costs                 1,571.0                                  
Fair value of common stock issued                 1,851.0                                  
Long-Term Debt                 595.0                                  
Gain (loss) on disposition                                 $ 0.0 (2,326.0)                
Natural gas production per day | MMcf / d                               393                    
CONE Gathering LLC                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Proceeds from divestiture                       $ 308.0 248.0 $ 135.0                        
Gain (loss) on divestiture                       $ 196.0 $ 198.0 $ 109.0                        
Shares sold (in shares) | shares                         14,200,000 7,500,000                        
Ownership           50.00%         22.30% 50.00% 22.30%       22.30%     34.10%            
Greeley Crescent Assets                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Proceeds from divestiture                     $ 64.0                              
Gain (loss) on divestiture                     0.0                              
Marcellus Shale                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Total transaction value             $ 1,200.0                                      
Proceeds from Divestitures             1,000.0                   $ 0.0 $ 1,028.0                
Adjustment to consideration             100.0                                      
Adjustment to consideration, individual payment amounts             $ 33.3                                      
Minimum index price for contingent payments to be required (in usd per unit) | $ / MMBTU             3.30                                      
Gain (loss) on disposition                               $ 2,300.0                    
Gain (loss) on sale                               1,500.0                    
Assets             $ 3,400.0                                      
Exit costs                               $ 41.0                    
Period increase (decrease) | MMBoe                               241                    
Proved developed reserves | MMBoe                               190   190                
Proved undeveloped reserves | MMBoe                               51   51                
Saddle Butte                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Consideration           $ 681.0                                        
Cash consideration           663.0                                        
Liabilities assumed           18.0           $ 18.0                            
Property, plant and equipment                     206.0   $ 206.0       206.0                  
Intangible assets                     340.0   340.0       340.0                  
Goodwill                     $ 110.0   $ 110.0       $ 110.0                  
Clayton Williams Energy                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Consideration                 2,500.0                                  
Cash consideration                 637.0                                  
Goodwill                 $ 1,300.0                                  
Shares exchange in acquisition (shares) | shares                 56,000,000                                  
Fair value of common stock issued                 $ 1,900.0                                  
Long-Term Debt                               $ 595.0   $ 595.0                
Bolt-on acquisition in the Delaware Basin                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Payments to acquire oil and gas properties                                   301.0                
Undeveloped Leasehold Costs                               $ 246.0   $ 246.0                
Productive oil wells | well                               7   7                
Number of productive wells | well                               4   4                
Noble Midstream Partners LP | Blanco River DevCo                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Percentage acquired               15.00%                                    
Step acquisition, percentage acquired               40.00%                                    
Noble Midstream Partners LP | Colorado River DevCo                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Consideration               $ 270.0                                    
Percentage acquired               20.00%                                    
Tamar and Dalit Fields                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Ownership interest                                         25.00% 32.50%        
CNX Midstream Partners                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Equity owned (units) | shares                                       21,700,000            
Advantage Joint Venture                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Payments to acquire interest                   $ 66.5                                
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Tamar and Dalit Fields                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Gain (loss) on divestiture       $ 376.0                                            
Estimated capacity                                               502 84  
Percentage ownership sold       7.50%             7.50%   7.50%       7.50%                  
Shares received in divestiture (in shares) | shares       38,500,000                                            
Value of shares issued       $ 224.0                                            
Gain attributable to change in fair value       $ 190.0                                            
Discount percent       15.00%                                            
Loss from change in fair value                         $ 15.0       $ 25.0                  
Tax effect       $ 86.0                                            
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Southwest Royalties                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Proceeds from sale                       $ 60.0                            
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Other Divestitures                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Total transaction value                     $ 58.0   58.0       58.0                  
Gain (loss) on divestiture                                 4.0                  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Gulf of Mexico Assets                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Total transaction value         $ 480.0                                          
Asset Impairments                             $ 168.0   $ 168.0                  
Proceeds from divestiture                         383.0                          
Gain (loss) on divestiture                         $ (24.0)                          
Contingent consideration         $ 100.0                                          
Contingent consideration basis, price per barrel (in usd per barrel) | $ / bbl         2                                          
Price benchmark (in usd per barrel) | $ / bbl         63                                          
Estimated capacity | MMBoe                                     23              
Greenfield Midstream | Saddle Butte                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Cash consideration           $ 343.0                                        
Leaseholds and Leasehold Improvements | Marcellus Shale                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Assets             $ 883.0                                      
Corporate Joint Venture | Advantage Pipeline                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Ownership                   5000.00%                                
Consideration                   $ 133.0                                
Subsidiaries | Blanco River And Colorado River DevCos                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Consideration               $ 270.0                                    
Cash consideration               $ 245.0                                    
Shares exchange in acquisition (shares) | shares               562,430                                    
Gas and oil area developed | a               111,000                                    
Proceeds from issuance               $ 138.0                                    
Proceeds from Noble Midstream Services Revolving Credit Facility               $ 90.0                                    
Subsequent Event | Disposal Group, Disposed of by Sale, Not Discontinued Operations | Tamar and Dalit Fields                                                    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]                                                    
Shares sold (in shares) | shares 16,600,000   21,900,000                                              
Pre-tax proceeds from sale   $ 163.0