Revenue (Tables)

9 Months Ended

Sep. 30, 2020

The following tables present QEP's revenues that are disaggregated by revenue source and by geographic area. Transportation and processing costs in the following table are not all of the transportation and processing costs that QEP incurs, only the costs that are netted against revenues pursuant to ASC Topic 606, Revenue Recognition.


	Oil and condensate sales		Gas sales		NGL sales		Transportation and processing costs included in revenue		Oil and condensate, gas and NGL sales, as reported
	(in millions)
	Three Months Ended September 30, 2020
Northern Region
Williston Basin	$	58.6	$	3.3	$	4.1	$	(9.4)	$	56.6
Other Northern	—		—		—		—		—
Southern Region
Permian Basin	110.7		6.0		9.1		(6.6)		119.2
Other Southern	—		—		—		—		—
Total oil and condensate, gas and NGL sales	$	169.3	$	9.3	$	13.2	$	(16.0)	$	175.8

	Three Months Ended September 30, 2019
Northern Region
Williston Basin	$	88.9	$	5.5	$	2.4	$	(7.0)	$	89.8
Other Northern	—		0.1		0.1		—		0.2
Southern Region
Permian Basin	209.9		3.4		9.4		(7.2)		215.5
Other Southern	—		0.1		—		—		0.1
Total oil and condensate, gas and NGL sales	$	298.8	$	9.1	$	11.9	$	(14.2)	$	305.6


	Oil and condensate sales		Gas sales		NGL sales		Transportation and processing costs included in revenue		Oil and condensate, gas and NGL sales, as reported
	(in millions)
	Nine Months Ended September 30, 2020
Northern Region
Williston Basin	$	173.2	$	10.9	$	8.1	$	(27.3)	$	164.9
Other Northern	0.1		1.2		—		—		1.3
Southern Region
Permian Basin	334.5		12.5		21.0		(18.3)		349.7
Other Southern	—		—		—		—		—
Total oil and condensate, gas and NGL sales	$	507.8	$	24.6	$	29.1	$	(45.6)	$	515.9

	Nine Months Ended September 30, 2019
Northern Region
Williston Basin	$	306.3	$	25.5	$	15.6	$	(26.0)	$	321.4
Other Northern	0.9		0.4		0.1		—		1.4
Southern Region
Permian Basin	526.7		7.4		27.4		(14.7)		546.8
Other Southern	0.1		6.1		—		—		6.2
Total oil and condensate, gas and NGL sales	$	834.0	$	39.4	$	43.1	$	(40.7)	$	875.8