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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Revenues $ 120,897,000 $ 122,376,000
Operating costs:    
Operating costs 71,563,000 83,723,000
Depreciation, depletion, and amortization 17,511,000 61,617,000
Impairments (Note 3) 0 741,924,000
Loss on abandonment of assets (Note 3) 0 17,554,000
General and administrative 6,289,000 11,553,000
(Gain) loss on disposition of assets (472,000) 390,000
Total operating expenses 94,891,000 916,761,000
Income (loss) from operations 26,006,000 (794,385,000)
Other income (expense):    
Interest, net (2,706,000) (13,257,000)
Gain (loss) on derivatives (22,831,000) 483,000
Reorganization Items (1,136,000) 0
Other, net 76,000 60,000
Total other income (expense) (26,597,000) (12,714,000)
Loss before income taxes (591,000) (807,099,000)
Income tax benefit:    
Current 0 (917,000)
Deferred 0 (2,508,000)
Total income taxes 0 (3,425,000)
Net loss (591,000) (803,674,000)
Net income (loss) attributable to non-controlling interest 1,346,000 (33,180,000)
Net loss attributable to Unit Corporation $ (1,937,000) $ (770,494,000)
Net loss attributable to Unit Corporation per common share (Note 6):    
Basic $ (0.16) $ (14.50)
Diluted $ (0.16) $ (14.50)
Oil and natural gas    
Revenues:    
Revenues $ 55,024,000 $ 48,522,000
Operating costs:    
Operating costs 19,149,000 30,663,000
Contract drilling    
Revenues:    
Revenues 15,674,000 36,632,000
Operating costs:    
Operating costs 11,871,000 25,449,000
Gas gathering and processing    
Revenues:    
Revenues 50,199,000 37,222,000
Operating costs:    
Operating costs $ 40,543,000 $ 27,611,000