Industry Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Industry segment information

The following tables provide certain information about the operations of each of our segments:

	Three Months Ended March 31, 2020
	Oil and Natural Gas		Contract Drilling		Mid-stream		Corporate and Other		Eliminations		Total Consolidated
	(In thousands)
Revenues: (1)
Oil and natural gas	$	48,524	$	—	$	—	$	—	$	(2)	$	48,522
Contract drilling	—		36,632		—		—		—		36,632
Gas gathering and processing	—		—		42,680		—		(5,458)		37,222
Total revenues	48,524		36,632		42,680		—		(5,460)		122,376
Expenses:
Operating costs:
Oil and natural gas	31,415		—		—		—		(752)		30,663
Contract drilling	—		25,449		—		—		—		25,449
Gas gathering and processing	—		—		32,319		—		(4,708)		27,611
Total operating costs	31,415		25,449		32,319		—		(5,460)		83,723
Depreciation, depletion, and amortization	36,728		11,745		12,273		871		—		61,617
Impairments	267,836		410,126		63,962		—		—		741,924
Total expenses	335,979		447,320		108,554		871		(5,460)		887,264
Loss on abandonment of assets	17,554		—		—		—		—		17,554
General and administrative	—		—		—		11,553		—		11,553
(Gain) loss on disposition of assets	(13)		409		(6)		—		—		390
Loss from operations	(304,996)		(411,097)		(65,868)		(12,424)		—		(794,385)
Gain on derivatives	—		—		—		483		—		483
Interest, net	—		—		(518)		(12,739)		—		(13,257)
Other	18		17		18		7		—		60
Loss before income taxes	$	(304,978)	$	(411,080)	$	(66,368)	$	(24,673)	$	—	$	(807,099)

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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 March 31, 2019
	Oil and Natural Gas		Contract Drilling		Mid-stream		Corporate and Other		Eliminations		Total Consolidated
	(In thousands)
Revenues: (1)
Oil and natural gas	$	86,095	$	—	$	—	$	—	$	—	$	86,095
Contract drilling	—		58,199		—		—		(7,044)		51,155
Gas gathering and processing	—		—		70,509		—		(18,068)		52,441
Total revenues	86,095		58,199		70,509		—		(25,112)		189,691
Expenses:
Operating costs:
Oil and natural gas	34,008		—		—		—		(1,294)		32,714
Contract drilling	—		37,385		—		—		(5,984)		31,401
Gas gathering and processing	—		—		56,129		—		(16,774)		39,355
Total operating costs	34,008		37,385		56,129		—		(24,052)		103,470
Depreciation, depletion, and amortization	35,767		12,699		11,726		1,934		—		62,126
Total expenses	69,775		50,084		67,855		1,934		(24,052)		165,596
General and administrative	—		—		—		9,741		—		9,741
(Gain) loss on disposition of assets	(79)		1,746		(42)		(10)		—		1,615
Income (loss) from operations	16,399		6,369		2,696		(11,665)		(1,060)		12,739
Loss on derivatives	—		—		—		(6,932)		—		(6,932)
Interest, net	—		—		(336)		(8,202)		—		(8,538)
Other	—		—		—		5		—		5
Income (loss) before income taxes	$	16,399	$	6,369	$	2,360	$	(26,794)	(1,060)		$	(2,726)

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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.