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Industry Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Industry segment information
The following table provides certain information about the operations of each of our segments:

 
 
Three Months Ended June 30, 2016
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
69,190

 
$

 
$

 
$

 
$

 
$
69,190

Contract drilling
 

 
24,257

 

 

 

 
24,257

Gas gathering and processing
 

 

 
56,533

 

 
(11,675
)
 
44,858

Total revenues
 
69,190

 
24,257

 
56,533

 

 
(11,675
)
 
138,305

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 
35,555

 

 

 

 
(2,224
)
 
33,331

Depreciation, depletion, and amortization
 
30,411

 

 

 

 

 
30,411

Impairment of oil and natural gas properties
 
74,291

 

 

 

 

 
74,291

Contract drilling:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 
19,254

 

 

 

 
19,254

Depreciation
 

 
10,918

 

 

 

 
10,918

Gas gathering and processing:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 

 
41,832

 

 
(9,451
)
 
32,381

Depreciation and amortization
 

 

 
11,515

 

 

 
11,515

Total expenses
 
140,257

 
30,172

 
53,347

 

 
(11,675
)
 
212,101

Total operating income (loss) (1)
 
(71,067
)
 
(5,915
)
 
3,186

 

 

 
(73,796
)
General and administrative expense
 

 

 

 
(8,382
)
 

 
(8,382
)
Gain (loss) on disposition of assets
 
(324
)
 
815

 

 
(14
)
 

 
477

Loss on derivatives
 

 

 

 
(22,672
)
 

 
(22,672
)
Interest expense, net
 

 

 

 
(10,606
)
 

 
(10,606
)
Other
 

 

 

 
1

 

 
1

Income (loss) before income taxes
 
$
(71,391
)
 
$
(5,100
)
 
$
3,186

 
$
(41,673
)
 
$

 
$
(114,978
)
_______________________
(1)
Operating income (loss) is total operating revenues less operating expenses, depreciation, depletion, amortization, and impairment and does not include general corporate expenses, (gain) loss on disposition of assets, loss on derivatives, interest expense, other income (loss), or income taxes.

 
 
Three Months Ended June 30, 2015
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
107,256

 
$

 
$

 
$

 
$

 
$
107,256

Contract drilling
 

 
60,813

 

 

 
(5,798
)
 
55,015

Gas gathering and processing
 

 

 
69,163

 

 
(16,987
)
 
52,176

Total revenues
 
107,256

 
60,813

 
69,163

 

 
(22,785
)
 
214,447

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 
47,179

 

 

 

 
(1,207
)
 
45,972

Depreciation, depletion, and amortization
 
68,101

 

 

 

 

 
68,101

Impairment of oil and natural gas properties
 
410,536

 

 

 

 

 
410,536

Contract drilling:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 
41,746

 

 

 
(5,261
)
 
36,485

Depreciation
 

 
13,265

 

 

 

 
13,265

Impairment of contract drilling properties
 

 
8,314

 

 

 

 
8,314

Gas gathering and processing:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 

 
56,372

 

 
(15,780
)
 
40,592

Depreciation and amortization
 

 

 
10,848

 

 

 
10,848

Total expenses
 
525,816

 
63,325

 
67,220

 

 
(22,248
)
 
634,113

Total operating income (loss)(1)
 
(418,560
)
 
(2,512
)
 
1,943

 

 
(537
)
 
(419,666
)
General and administrative expense
 

 

 

 
(9,624
)
 

 
(9,624
)
Gain (loss) on disposition of assets
 

 
(50
)
 
465

 

 

 
415

Loss on derivatives
 

 

 

 
(1,919
)
 

 
(1,919
)
Interest expense, net
 

 

 

 
(7,956
)
 

 
(7,956
)
Other
 

 

 

 
24

 

 
24

Income (loss) before income taxes
 
$
(418,560
)
 
$
(2,562
)
 
$
2,408

 
$
(19,475
)
 
$
(537
)
 
$
(438,726
)
_______________________
(1)
Operating income (loss) is total operating revenues less operating expenses, depreciation, depletion, amortization, and impairment and does not include general corporate expenses, gain (loss) on disposition of assets, loss on derivatives, interest expense, other income (loss), or income taxes.

 
 
Six Months Ended June 30, 2016
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
127,464

 
$

 
$

 
$

 
$

 
$
127,464

Contract drilling
 

 
62,967

 

 

 

 
62,967

Gas gathering and processing
 

 

 
105,578

 

 
(21,520
)
 
84,058

Total revenues
 
127,464

 
62,967

 
105,578

 

 
(21,520
)
 
274,489

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 
70,361

 

 

 

 
(3,684
)
 
66,677

Depreciation, depletion, and amortization
 
62,243

 

 

 

 

 
62,243

Impairment of oil and natural gas properties
 
112,120

 

 

 

 

 
112,120

Contract drilling:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 
47,352

 

 

 

 
47,352

Depreciation
 

 
23,113

 

 

 

 
23,113

Gas gathering and processing:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 

 
81,283

 

 
(17,836
)
 
63,447

Depreciation and amortization
 

 

 
22,974

 

 

 
22,974

Total expenses
 
244,724

 
70,465

 
104,257

 

 
(21,520
)
 
397,926

Total operating income (loss)(1)
 
(117,260
)
 
(7,498
)
 
1,321

 

 

 
(123,437
)
General and administrative expense
 

 

 

 
(17,097
)
 

 
(17,097
)
Gain (loss) on disposition of assets
 
(324
)
 
1,316

 
(302
)
 
(21
)
 

 
669

Loss on derivatives
 

 

 

 
(11,743
)
 

 
(11,743
)
Interest expense, net
 

 

 

 
(20,223
)
 

 
(20,223
)
Other
 

 

 

 
(14
)
 

 
(14
)
Income (loss) before income taxes
 
$
(117,584
)
 
$
(6,182
)
 
$
1,019

 
$
(49,098
)
 
$

 
$
(171,845
)

_______________________
(1)
Operating income (loss) is total operating revenues less operating expenses, depreciation, depletion, amortization, and impairment and does not include general corporate expenses, gain (loss) on disposition of assets, loss on derivatives, interest expense, other income (loss), or income taxes.

 
 
Six Months Ended June 30, 2015
 
 
Oil and Natural Gas
 
Contract Drilling
 
Mid-stream
 
Other
 
Eliminations
 
Total Consolidated
 
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas
 
$
213,325

 
$

 
$

 
$

 
$

 
$
213,325

Contract drilling
 

 
165,751

 

 

 
(15,659
)
 
150,092

Gas gathering and processing
 

 

 
142,967

 

 
(36,838
)
 
106,129

Total revenues
 
213,325

 
165,751

 
142,967

 

 
(52,497
)
 
469,546

Expenses:
 
 
 
 
 
 
 
 
 
 
 
 
Oil and natural gas:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 
93,560

 

 

 

 
(2,377
)
 
91,183

Depreciation, depletion, and amortization
 
145,219

 

 

 

 

 
145,219

Impairment of oil and natural gas properties
 
811,129

 

 

 

 

 
811,129

Contract drilling:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 
100,443

 

 

 
(12,212
)
 
88,231

Depreciation
 

 
28,278

 

 

 

 
28,278

Impairment of contract drilling properties
 

 
8,314

 

 

 

 
8,314

Gas gathering and processing:
 
 
 
 
 
 
 
 
 
 
 
 
Operating costs
 

 

 
119,228

 

 
(34,461
)
 
84,767

Depreciation and amortization
 

 

 
21,542

 

 

 
21,542

Total expenses
 
1,049,908

 
137,035

 
140,770

 

 
(49,050
)
 
1,278,663

Total operating income (loss) (1)
 
(836,583
)
 
28,716

 
2,197

 

 
(3,447
)
 
(809,117
)
General and administrative expense
 

 

 

 
(18,994
)
 

 
(18,994
)
Gain on disposition of assets
 

 
495

 
465

 

 

 
960

Gain on derivatives
 

 

 

 
4,667

 

 
4,667

Interest expense, net
 

 

 

 
(15,196
)
 

 
(15,196
)
Other
 

 

 

 
22

 

 
22

Income (loss) before income taxes
 
$
(836,583
)
 
$
29,211

 
$
2,662

 
$
(29,501
)
 
$
(3,447
)
 
$
(837,658
)
_______________________
(1)
Operating income (loss) is total operating revenues less operating expenses, depreciation, depletion, amortization, and impairment and does not include general corporate expenses, gain on disposition of assets, gain on derivatives, interest expense, other income (loss), or income taxes.