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Revenues (Tables)
9 Months Ended
Sep. 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 September 30, 2018
 
Nine months ended September 30, 2018
In thousands
 
New Standard
 
Prior Presentation
 
Change
 
New Standard
 
Prior Presentation
 
Change
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Crude oil and natural gas sales
 
$
1,273,238

 
$
1,227,230

 
$
46,008

 
$
3,524,618

 
$
3,382,059

 
$
142,559

Loss on natural gas derivatives, net
 
(2,025
)
 
(2,025
)
 

 
(4,536
)
 
(4,536
)
 

Crude oil and natural gas service operations
 
10,938

 
10,938

 

 
40,210

 
40,210

 

Total revenues
 
$
1,282,151

 
$
1,236,143

 
$
46,008

 
$
3,560,292

 
$
3,417,733

 
$
142,559

Operating costs and expenses:
 
 
 
 
 


 
 
 
 
 
 
Transportation expenses
 
$
46,008

 
$

 
$
46,008

 
$
142,559

 
$

 
$
142,559

Net income
 
$
314,169

 
$
314,169

 
$

 
$
790,580

 
$
790,580

 
$

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 nine months ended September 30, 2018.
 
 
Three months ended September 30, 2018
 
Nine months ended September 30, 2018
In thousands
 
North Region
 
South Region
 
Total
 
North Region
 
South Region
 
Total
Crude oil revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Operated properties
 
$
634,251

 
$
159,506

 
$
793,757

 
$
1,791,045

 
$
443,562

 
$
2,234,607

Non-operated properties
 
225,513

 
19,288

 
244,801

 
604,700

 
52,415

 
657,115

Total crude oil revenues
 
859,764

 
178,794

 
1,038,558

 
2,395,745

 
495,977

 
2,891,722

Natural gas revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Operated properties
 
60,381

 
140,168

 
200,549

 
153,627

 
388,610

 
542,237

Non-operated properties
 
16,397

 
17,734

 
34,131

 
44,058

 
46,601

 
90,659

Total natural gas revenues
 
76,778

 
157,902

 
234,680

 
197,685

 
435,211

 
632,896

Crude oil and natural gas sales
 
$
936,542

 
$
336,696

 
$
1,273,238

 
$
2,593,430

 
$
931,188

 
$
3,524,618

 
 
 
 
 
 

 
 
 
 
 
 
Timing of revenue recognition
 
 
 
 
 
 
 
 
 
 
 
 
Goods transferred at a point in time
 
$
936,542

 
$
336,696

 
$
1,273,238

 
$
2,593,430

 
$
931,188

 
$
3,524,618

Goods transferred over time
 

 

 

 

 

 

 
 
$
936,542

 
$
336,696

 
$
1,273,238

 
$
2,593,430

 
$
931,188

 
$
3,524,618