XML 44 R29.htm IDEA: XBRL DOCUMENT v3.19.1
Revenue from Contracts with Customers (Tables)
3 Months Ended
Mar. 31, 2019
Revenue from Contracts with Customers [Abstract]  
Disaggregation of Revenue



 

 

 

 



 

Three Months Ended



 

March 31,

(Thousands of dollars)

 

2019

 

2018

Net crude oil and condensate revenue

 

 

 

 

United States – Onshore

$

133,590 

 

182,650 

                                – Offshore

 

316,023 

 

71,528 

Canada    – Onshore

 

27,344 

 

21,293 

                          – Offshore

 

43,846 

 

54,315 

Other

 

2,852 

 

– 

Total crude oil and condensate revenue

 

523,655 

 

329,786 



 

 

 

 

Net natural gas liquids revenue

 

 

 

 

United States – Onshore

 

6,141 

 

12,134 

                                – Offshore

 

4,176 

 

1,639 

Canada    – Onshore

 

3,458 

 

3,469 

Total natural gas liquids revenue

 

13,775 

 

17,242 



 

 

 

 

Net natural gas revenue

 

 

 

 

United States – Onshore

 

5,864 

 

6,770 

                                – Offshore

 

2,506 

 

2,937 

Canada    – Onshore

 

44,750 

 

39,594 

Total natural gas revenue

 

53,120 

 

49,301 

Total revenue from contracts with customers

 

590,550 

 

396,329 



 

 

 

 

Gain (loss) on crude contracts

 

– 

 

(29,502)

Other operating income

 

442 

 

8,302 

Gain on sale of assets

 

12 

 

(339)

Total revenue

$

591,004 

 

374,790 



Current Long-Term Contracts Outstanding



 

 

 

 

 

 

 

 

Current Long-Term Contracts Outstanding at March 31, 2019

Location

 

Commodity

 

End Date

 

Description

 

Approximate Volumes

U.S.

 

Oil

 

Q3 2019

 

Fixed quantity delivery in Eagle Ford

 

4,000 BOED

U.S.

 

Oil

 

Q4 2021

 

Fixed quantity delivery in Eagle Ford

 

17,000 BOED

U.S.

 

Oil, Gas and NGL

 

Q2 2026

 

Deliveries from dedicated acreage in
   Eagle Ford

 

As produced

Canada

 

Gas

 

Q4 2020

 

Contracts to sell natural gas
at Alberta AECO fixed prices

 

59 MMCFD

Canada

 

Gas

 

Q4 2020

 

Contracts to sell natural gas at USD Index
pricing

 

60 MMCFD

Canada

 

Gas

 

Q4 2024

 

Contracts to sell natural gas at USD Index
pricing

 

30 MMCFD

Canada

 

Gas

 

Q4 2026

 

Contracts to sell natural gas at USD Index
pricing

 

38 MMCFD