Related Party Transactions (Tables)

9 Months Ended

Sep. 30, 2022

Related Party Transactions [Abstract]

Schedule of related party transactions and balances

Transactions and balances with ProPetro for pressure pumping and related services are as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
	(in millions)
Pressure pumping related services charges	$	90	$	130	$	298	$	297

	As of September 30, 2022		As of December 31, 2021
	(in millions)
Accounts payable - due to affiliate	$	74	$	66

The Company discloses ProPetro's summarized financial information on a one-quarter lag as it enables the Company to report its quarterly results independent from the timing of when ProPetro reports its results. Summarized financial information for ProPetro is as follows:

	Six Months Ended June 30,
	2022		2021
	(in millions)
Revenue - service revenue	$	598	$	378
Cost of services (exclusive of depreciation and amortization)	$	416	$	286
Net loss	$	(21)	$	(29)