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Revenues (Tables)
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Prospective Adoption of New Accounting Pronouncements [Table Text Block]
The following table reflects the change in presentation of revenues and applicable expenses on the Company's 2018 results under the new and previous guidance.
 
 
Three months ended June 30, 2018
 
Six months ended June 30, 2018
In thousands
 
New Standard
 
Prior Presentation
 
Change
 
New Standard
 
Prior Presentation
 
Change
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Crude oil and natural gas sales
 
$
1,137,528

 
$
1,090,274

 
$
47,254

 
$
2,251,380

 
$
2,154,829

 
$
96,551

Loss on natural gas derivatives, net
 
(12,685
)
 
(12,685
)
 

 
(2,511
)
 
(2,511
)
 

Crude oil and natural gas service operations
 
12,270

 
12,270

 

 
29,272

 
29,272

 

Total revenues
 
$
1,137,113

 
$
1,089,859

 
$
47,254

 
$
2,278,141

 
$
2,181,590

 
$
96,551

Operating costs and expenses:
 
 
 
 
 


 
 
 
 
 
 
Transportation expenses
 
$
47,254

 
$

 
$
47,254

 
$
96,551

 
$

 
$
96,551

Net income
 
$
242,464

 
$
242,464

 
$

 
$
476,410

 
$
476,410

 
$

Disaggregation of Revenue [Table Text Block]
The following table presents the disaggregation of the Company's crude oil and natural gas revenues for the three and six months ended June 30, 2018.
 
 
Three months ended June 30, 2018
 
Six months ended June 30, 2018
In thousands
 
North Region
 
South Region
 
Total
 
North Region
 
South Region
 
Total
Crude oil revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Operated properties
 
$
587,582

 
$
145,603

 
$
733,185

 
$
1,156,794

 
$
284,056

 
$
1,440,850

Non-operated properties
 
196,301

 
17,398

 
213,699

 
379,188

 
33,127

 
412,315

Total crude oil revenues
 
783,883

 
163,001

 
946,884

 
1,535,982

 
317,183

 
1,853,165

Natural gas revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Operated properties
 
41,425

 
121,188

 
162,613

 
93,245

 
248,442

 
341,687

Non-operated properties
 
13,982

 
14,049

 
28,031

 
27,661

 
28,867

 
56,528

Total natural gas revenues
 
55,407

 
135,237

 
190,644

 
120,906

 
277,309

 
398,215

Crude oil and natural gas sales
 
$
839,290

 
$
298,238

 
$
1,137,528

 
$
1,656,888

 
$
594,492

 
$
2,251,380

 
 
 
 
 
 

 
 
 
 
 
 
Timing of revenue recognition
 
 
 
 
 
 
 
 
 
 
 
 
Goods transferred at a point in time
 
$
839,290

 
$
298,238

 
$
1,137,528

 
$
1,656,888

 
$
594,492

 
$
2,251,380

Goods transferred over time
 

 

 

 

 

 

 
 
$
839,290

 
$
298,238

 
$
1,137,528

 
$
1,656,888

 
$
594,492

 
$
2,251,380