XML 90 R74.htm IDEA: XBRL DOCUMENT v3.21.2
Industry Segment Information (Industry Segment Information) (Details)
$ in Thousands
1 Months Ended 2 Months Ended 3 Months Ended 8 Months Ended 9 Months Ended
Sep. 30, 2020
USD ($)
Aug. 31, 2020
USD ($)
Sep. 30, 2021
USD ($)
Aug. 31, 2020
USD ($)
Sep. 30, 2021
USD ($)
segment
Segment Reporting Information [Line Items]          
Number of reporting segments | segment         3
Revenues:          
Revenues $ 32,846 $ 65,574 $ 163,248 $ 276,957 $ 418,202
Operating costs:          
Operating costs 19,515 38,720 99,188 237,546 244,494
Depreciation, depletion, and amortization 7,467 17,919 15,294 115,496 49,169
Impairments 13,237 16,572 0 867,814 0
Total expenses 40,219 73,211 114,482 1,220,856 293,663
Loss on abandonment of assets 0 1,179 0 18,733 0
General and administrative 1,582 5,399 5,126 42,766 18,046
(Gain) loss on disposition of assets (222) (1,356) (4,031) (89) (6,213)
Income (loss) from operations (8,733) (12,859) 47,671 (1,005,309) 112,706
Gain (loss) on derivatives 3,939 (4,250) (39,742) (10,704) (104,973)
Write-off of debt issuance costs 0 0 0 (2,426) 0
Loss on change in fair value of warrants 0 0 (9,054) 0 (12,628)
Reorganization Items (1,155) 141,002 (971) 133,975 (3,959)
Interest, net (826) (1,959) (702) (22,824) (3,895)
Other 39 1,931 (7) 2,034 (762)
Income (loss) before income taxes (6,736) 123,865 (2,805) (905,254) (13,511)
Operating loss carryforwards     420,300   420,300
2021 Through 2037          
Operating costs:          
Operating loss carryforwards     225,300   225,300
Intersegment Eliminations          
Revenues:          
Revenues (2,496) (4,205) (14,134) (14,536) (33,648)
Operating costs:          
Operating costs (2,496) (4,205) (15,014) (14,536) (36,288)
Depreciation, depletion, and amortization 0 0 0 0 0
Impairments 0 0   0 0
Total expenses (2,496) (4,205) (15,014) (14,536) (36,288)
Loss on abandonment of assets   0   0  
General and administrative 0 0 880 0 2,640
(Gain) loss on disposition of assets 0 0 0 0 0
Income (loss) from operations 0 0 0 0 0
Gain (loss) on derivatives 0 0 0 0 0
Write-off of debt issuance costs       0  
Loss on change in fair value of warrants     0   0
Reorganization Items 0 0 0 0 0
Interest, net 0 0 0 0 0
Other 0 0 0 0 0
Income (loss) before income taxes 0 0 0 0 0
Oil and Natural Gas [Member] | Operating Segments [Member]          
Revenues:          
Revenues 13,644 27,962 66,202 103,443 181,003
Operating costs:          
Operating costs 6,892 15,895 22,022 119,664 58,365
Depreciation, depletion, and amortization 4,199 9,975 5,311 68,762 19,442
Impairments 13,237 16,572   393,726 0
Total expenses 24,328 42,442 27,333 582,152 77,807
Loss on abandonment of assets   87   17,641  
General and administrative 0 0 0 0 0
(Gain) loss on disposition of assets (10) (102) (14) (160) (101)
Income (loss) from operations (10,674) (14,465) 38,883 (496,190) 103,297
Gain (loss) on derivatives 0 0 0 0 0
Write-off of debt issuance costs       0  
Loss on change in fair value of warrants     0   0
Reorganization Items 0 15,504 0 15,504 0
Interest, net 0 0 0 0 0
Other 29 428 51 458 140
Income (loss) before income taxes (10,645) 1,467 38,934 (480,228) 103,437
Contract drilling [Member]          
Operating costs:          
(Gain) loss on disposition of assets (200) (1,300) (3,100) (1,400) (5,200)
Contract drilling [Member] | Operating Segments [Member]          
Revenues:          
Revenues 4,414 7,685 19,158 73,519 52,893
Operating costs:          
Operating costs 2,989 5,410 15,357 51,811 41,308
Depreciation, depletion, and amortization 526 853 1,576 15,544 4,721
Impairments 0 0   410,126 0
Total expenses 3,515 6,263 16,933 477,481 46,029
Loss on abandonment of assets   1,092   1,092  
General and administrative 0 0 0 0 0
(Gain) loss on disposition of assets (212) (1,251) (3,091) (1,390) (5,237)
Income (loss) from operations 1,111 1,581 5,316 (403,664) 12,101
Gain (loss) on derivatives 0 0 0 0 0
Write-off of debt issuance costs       0  
Loss on change in fair value of warrants     0   0
Reorganization Items 0 (183,664) 0 (183,664) 0
Interest, net 0 0 0 0 0
Other 1 1,426 (34) 1,449 (17)
Income (loss) before income taxes 1,112 (180,657) 5,282 (585,879) 12,084
Mid-Stream [Member] | Operating Segments [Member]          
Revenues:          
Revenues 17,284 34,132 92,022 114,531 217,954
Operating costs:          
Operating costs 12,130 21,620 76,823 80,607 181,109
Depreciation, depletion, and amortization 2,658 6,750 8,143 29,371 24,238
Impairments 0 0   63,962 0
Total expenses 14,788 28,370 84,966 173,940 205,347
Loss on abandonment of assets   0   0  
General and administrative 0 0 0 0 0
(Gain) loss on disposition of assets 0 (3) 0 (18) 75
Income (loss) from operations 2,496 5,765 7,056 (59,391) 12,532
Gain (loss) on derivatives 0 0 0 0 0
Write-off of debt issuance costs       0  
Loss on change in fair value of warrants     0   0
Reorganization Items 0 (71,016) 0 (71,016) 0
Interest, net (137) (828) (250) (1,888) (666)
Other 8 11 (24) 50 (863)
Income (loss) before income taxes 2,367 (66,068) 6,782 (132,245) 11,003
Corporate and Other | Corporate, Non-Segment          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Depreciation, depletion, and amortization 84 341 264 1,819 768
Impairments 0 0   0 0
Total expenses 84 341 264 1,819 768
Loss on abandonment of assets   0   0  
General and administrative 1,582 5,399 4,246 42,766 15,406
(Gain) loss on disposition of assets 0 0 (926) 1,479 (950)
Income (loss) from operations (1,666) (5,740) (3,584) (46,064) (15,224)
Gain (loss) on derivatives 3,939 (4,250) (39,742) (10,704) (104,973)
Write-off of debt issuance costs       (2,426)  
Loss on change in fair value of warrants     (9,054)   (12,628)
Reorganization Items (1,155) 380,178 (971) 373,151 (3,959)
Interest, net (689) (1,131) (452) (20,936) (3,229)
Other 1 66 0 77 (22)
Income (loss) before income taxes 430 369,123 (53,803) 293,098 (140,035)
Oil and natural gas          
Revenues:          
Revenues 13,643 27,961 52,880 103,439 149,874
Operating costs:          
Operating costs 6,674 15,488 21,210 117,691 55,846
Oil and natural gas | Intersegment Eliminations          
Revenues:          
Revenues (1) (1) (13,322) (4) (31,129)
Operating costs:          
Operating costs (218) (407) (812) (1,973) (2,519)
Oil and natural gas | Oil and Natural Gas [Member] | Operating Segments [Member]          
Revenues:          
Revenues 13,644 27,962 66,202 103,443 181,003
Operating costs:          
Operating costs 6,892 15,895 22,022 119,664 58,365
Oil and natural gas | Contract drilling [Member] | Operating Segments [Member]          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Oil and natural gas | Mid-Stream [Member] | Operating Segments [Member]          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Oil and natural gas | Corporate and Other | Corporate, Non-Segment          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Contract drilling          
Revenues:          
Revenues 4,414 7,685 19,158 73,519 52,893
Operating costs:          
Operating costs 2,989 5,410 15,357 51,810 41,308
Contract drilling | Intersegment Eliminations          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 (1) 0
Contract drilling | Oil and Natural Gas [Member] | Operating Segments [Member]          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Contract drilling | Contract drilling [Member] | Operating Segments [Member]          
Revenues:          
Revenues 4,414 7,685 19,158 73,519 52,893
Operating costs:          
Operating costs 2,989 5,410 15,357 51,811 41,308
Contract drilling | Mid-Stream [Member] | Operating Segments [Member]          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Contract drilling | Corporate and Other | Corporate, Non-Segment          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Gas gathering and processing          
Revenues:          
Revenues 14,789 29,928 91,210 99,999 215,435
Operating costs:          
Operating costs 9,852 17,822 62,621 68,045 147,340
Gas gathering and processing | Intersegment Eliminations          
Revenues:          
Revenues (2,495) (4,204) (812) (14,532) (2,519)
Operating costs:          
Operating costs (2,278) (3,798) (14,202) (12,562) (33,769)
Gas gathering and processing | Oil and Natural Gas [Member] | Operating Segments [Member]          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Gas gathering and processing | Contract drilling [Member] | Operating Segments [Member]          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs 0 0 0 0 0
Gas gathering and processing | Mid-Stream [Member] | Operating Segments [Member]          
Revenues:          
Revenues 17,284 34,132 92,022 114,531 217,954
Operating costs:          
Operating costs 12,130 21,620 76,823 80,607 181,109
Gas gathering and processing | Corporate and Other | Corporate, Non-Segment          
Revenues:          
Revenues 0 0 0 0 0
Operating costs:          
Operating costs $ 0 $ 0 $ 0 $ 0 $ 0