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Crude Oil and Natural Gas Property Information - Schedule of Results of Operations from Crude Oil and Natural Gas Producing Activities (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Oil and Gas Exploration and Production Industries Disclosures [Abstract]      
Sale of Canadian subsidiary and assets $ (16,860) $ 0 $ 0
Tax benefit from US tax reform legislation 0 0 (713,655)
Crude oil and natural gas sales 4,514,389 [1] 4,678,722 [1] 2,982,966
Production expenses (444,649) (390,423) (324,214)
Production taxes (357,988) (353,140) (208,278)
Results of Operations, Transportation Costs (225,649) (191,587) 0
Exploration Expense (14,667) (7,642) (12,393)
Depreciation, depletion, amortization and accretion (1,997,854) (1,839,241) (1,652,180)
Property impairments (86,202) (125,210) (237,370)
Income tax (provision) benefit (2) (323,025) [2] (434,047) 504,475 [2]
Results from crude oil and natural gas producing activities $ 1,064,355 $ 1,337,432 $ 1,053,006
[1]
For 2019 and 2018, crude oil and natural gas sales are presented gross of certain transportation expenses as a result of the Company's January 1, 2018 adoption of new revenue recognition and presentation rules as discussed in Note 8. Revenues. The rules were prospectively applied beginning January 1, 2018 and prior period results were not adjusted to conform to the current presentation.
[2]
Income taxes reflect the application of a combined federal and state tax rate of 24.5% for 2019 and 2018 and a 38% combined tax rate for 2017 on pre-tax income generated by operations in the United States. Additionally, the 2019 period includes the $16.9 million income tax benefit recognized upon the Company's sale of its Canadian operations during the year. Further, the 2017 period includes the $713.7 million income tax benefit recognized upon the Company’s remeasurement of its deferred income tax assets and liabilities in response to the enactment of the Tax Cuts and Jobs Act in December 2017.