Revenue from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

For the three-month and nine-month periods ended September 30, 2020, the Company recognized $425.3 million and $1,311.6 million, respectively, from contracts with customers for the sales of oil, natural gas liquids and natural gas. For the three-month and nine-month periods ended September 30, 2019, the Company recognized $750.3 million and $2,060.1 million respectively, from contracts with customers for the sales of oil, natural gas liquids and natural gas.

		Three Months Ended September 30,			Nine Months Ended September 30,
(Thousands of dollars)		2020		2019	2020	2019
Net crude oil and condensate revenue
United States	Onshore	$	86,498	219,515	272,284	547,756
	Offshore	216,918		398,518	714,143	1,090,462
Canada	Onshore	32,358		31,758	67,268	88,730
	Offshore	19,173		28,407	54,864	115,686
Other		—		1,933	1,806	7,908
Total crude oil and condensate revenue		354,947		680,131	1,110,365	1,850,542
Net natural gas liquids revenue
United States	Onshore	6,766		5,557	16,145	22,497
	Offshore	4,765		8,414	13,255	18,184
Canada	Onshore	2,780		2,751	6,090	8,987
Total natural gas liquids revenue		14,311		16,722	35,490	49,668
Net natural gas revenue
United States	Onshore	4,529		5,848	14,177	20,762
	Offshore	9,827		15,879	35,487	29,575
Canada	Onshore	41,710		31,757	116,108	109,580
Total natural gas revenue		56,066		53,484	165,772	159,917
Total revenue from contracts with customers		425,324		750,337	1,311,627	2,060,127
(Loss) gain on crude contracts		(5,290)		63,247	319,502	121,163
Gain on sale of assets and other income		1,831		3,493	6,006	10,283
Total revenue and other income		$	421,865	817,077	1,637,135	2,191,573

Current Long-Term Contracts Outstanding

As of September 30, 2020, the Company had the following sales contracts in place which are expected to generate revenue from sales to customers for a period of more than 12 months starting at the inception of the contract:

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Current Long-Term Contracts Outstanding at September 30, 2020
				Approximate Volumes
Location	Commodity	End Date	Description
U.S.	Oil	Q4 2021	Fixed quantity delivery in Eagle Ford	17,000 BOED
U.S.	Natural Gas and NGL	Q1 2023	Deliveries from dedicated acreage in Eagle Ford	As produced
Canada	Natural Gas	Q4 2020	Contracts to sell natural gas at Alberta AECO fixed prices	59 MMCFD
Canada	Natural Gas	Q4 2020	Contracts to sell natural gas at USD Index pricing	60 MMCFD
Canada	Natural Gas	Q4 2021	Contracts to sell natural gas at USD Index pricing	10 MMCFD
Canada	Natural Gas	Q4 2022	Contracts to sell natural gas at Malin USD fixed prices	20 MMCFD
Canada	Natural Gas	Q4 2022	Contracts to sell natural gas at USD Index pricing	35 MMCFD
Canada	Natural Gas	Q4 2024	Contracts to sell natural gas at USD Index pricing	30 MMCFD
Canada	Natural Gas	Q4 2026	Contracts to sell natural gas at USD Index pricing	49 MMCFD