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Industry Segment Information (Tables)
9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Industry segment information

The following tables provide certain information about the operations of each of our segments:
 
 
Three Months Ended September 30, 2018
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues: (1)
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
111,623

 
$

 
$

 
$

 
$

 
$
111,623

Contract drilling
 

 
58,012

 

 

 
(7,400
)
 
50,612

Gas gathering and processing
 

 

 
82,882

 

 
(25,059
)
 
57,823

Total revenues
 
111,623

 
58,012

 
82,882

 

 
(32,459
)
 
220,058

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
33,400

 

 

 

 
(1,261
)
 
32,139

Contract drilling
 

 
38,246

 

 

 
(6,214
)
 
32,032

Gas gathering and processing
 

 

 
66,932

 
3,808

 
(27,606
)
 
43,134

Total operating costs
 
33,400

 
38,246

 
66,932

 
3,808

 
(35,081
)
 
107,305

Depreciation, depletion, and amortization
 
35,460

 
14,889

 
11,265

 
1,923

 

 
63,537

Total expenses
 
68,860

 
53,135

 
78,197

 
5,731

 
(35,081
)
 
170,842

General and administrative
 

 

 

 
9,278

 

 
9,278

Gain on disposition of assets
 
(7
)
 
(230
)
 
(16
)
 

 

 
(253
)
Income (loss) from operations
 
42,770

 
5,107

 
4,701

 
(15,009
)
 
2,622

 
40,191

Loss on derivatives
 

 

 

 
(4,385
)
 

 
(4,385
)
Interest, net
 

 

 
(381
)
 
(7,564
)
 

 
(7,945
)
Other
 

 

 

 
3,814

 
(3,808
)
 
6

Income (loss) before income taxes
 
$
42,770

 
$
5,107

 
$
4,320

 
$
(23,144
)
 
$
(1,186
)
 
$
27,867

_______________________
(1)
The revenues for oil and natural gas occur at a point in time. The revenues for contract drilling and gas gathering and processing occur over time.

 
 
Three Months Ended September 30, 2017
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
85,470

 
$

 
$

 
$

 
$

 
$
85,470

Contract drilling
 

 
55,588

 

 

 
(3,969
)
 
51,619

Gas gathering and processing
 

 

 
69,057

 

 
(17,658
)
 
51,399

Total revenues
 
85,470

 
55,588

 
69,057

 

 
(21,627
)
 
188,488

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
35,082

 

 

 

 
(1,171
)
 
33,911

Contract drilling
 

 
38,115

 

 

 
(3,368
)
 
34,747

Gas gathering and processing
 

 

 
54,602

 

 
(16,486
)
 
38,116

Total operating costs
 
35,082

 
38,115

 
54,602

 

 
(21,025
)
 
106,774

Depreciation, depletion, and amortization
 
26,460

 
15,280

 
10,880

 
1,913

 

 
54,533

Total expenses
 
61,542

 
53,395

 
65,482

 
1,913

 
(21,025
)
 
161,307

General and administrative expense
 

 

 

 
9,235

 

 
9,235

(Gain) loss on disposition of assets
 
1

 
(68
)
 
(14
)
 

 

 
(81
)
Income (loss) from operations
 
23,927

 
2,261

 
3,589

 
(11,148
)
 
(602
)
 
18,027

Loss on derivatives
 

 

 

 
(2,614
)
 

 
(2,614
)
Interest, net
 

 

 

 
(9,944
)
 

 
(9,944
)
Other
 

 

 

 
5

 

 
5

Income (loss) before income taxes
 
$
23,927

 
$
2,261

 
$
3,589

 
$
(23,701
)
 
$
(602
)
 
$
5,474



 
 
Nine Months Ended September 30, 2018
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues: (1)
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
317,040

 
$

 
$

 
$

 
$

 
$
317,040

Contract drilling
 

 
161,489

 

 

 
(17,962
)
 
143,527

Gas gathering and processing
 

 

 
232,938

 

 
(65,012
)
 
167,926

Total revenues
 
317,040

 
161,489

 
232,938

 

 
(82,974
)
 
628,493

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
104,234

 

 

 

 
(3,715
)
 
100,519

Contract drilling
 

 
111,121

 

 

 
(15,528
)
 
95,593

Gas gathering and processing
 

 

 
185,738

 
7,384

 
(68,681
)
 
124,441

Total operating costs
 
104,234

 
111,121

 
185,738

 
7,384

 
(87,924
)
 
320,553

Depreciation, depletion, and amortization
 
97,797

 
41,927

 
33,493

 
5,759

 

 
178,976

Total expenses
 
202,031

 
153,048

 
219,231

 
13,143

 
(87,924
)
 
499,529

General and administrative expense
 

 

 

 
28,752

 

 
28,752

Gain on disposition of assets
 
(136
)
 
(314
)
 
(95
)
 
(30
)
 

 
(575
)
Income (loss) from operations
 
115,145

 
8,755

 
13,802

 
(41,865
)
 
4,950

 
100,787

Loss on derivatives
 

 

 

 
(25,608
)
 

 
(25,608
)
Interest, net
 

 

 
(834
)
 
(24,844
)
 

 
(25,678
)
Other
 

 

 

 
7,401

 
(7,384
)
 
17

Income (loss) before income taxes
 
$
115,145

 
$
8,755

 
$
12,968

 
$
(84,916
)
 
$
(2,434
)
 
$
49,518

_______________________
(1)
The revenues for oil and natural gas occur at a point in time. The revenues for contract drilling and gas gathering and processing occur over time.

 
 
Nine Months Ended September 30, 2017
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
256,241

 
$

 
$

 
$

 
$

 
$
256,241

Contract drilling
 

 
137,617

 

 

 
(9,558
)
 
128,059

Gas gathering and processing
 

 

 
198,632

 

 
(48,139
)
 
150,493

Total revenues
 
256,241

 
137,617

 
198,632

 

 
(57,697
)
 
534,793

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
99,349

 

 

 

 
(3,476
)
 
95,873

Contract drilling
 

 
99,794

 

 

 
(8,581
)
 
91,213

Gas gathering and processing
 

 

 
156,525

 

 
(44,663
)
 
111,862

Total operating costs
 
99,349

 
99,794

 
156,525

 

 
(56,720
)
 
298,948

Depreciation, depletion, and amortization
 
71,544

 
41,896

 
32,547

 
5,558

 

 
151,545

Total expenses
 
170,893

 
141,690

 
189,072

 
5,558

 
(56,720
)
 
450,493

General and administrative expense
 

 

 

 
26,902

 

 
26,902

Gain on disposition of assets
 
(176
)
 
(106
)
 
(58
)
 
(813
)
 

 
(1,153
)
Income (loss) from operations
 
85,524

 
(3,967
)
 
9,618

 
(31,647
)
 
(977
)
 
58,551

Gain on derivatives
 

 

 

 
21,019

 

 
21,019

Interest, net
 

 

 

 
(28,807
)
 

 
(28,807
)
Other
 

 

 

 
14

 

 
14

Income (loss) before income taxes
 
$
85,524

 
$
(3,967
)
 
$
9,618

 
$
(39,421
)
 
$
(977
)
 
$
50,777