Related Party Disclosures

6 Months Ended

Jun. 30, 2013

Related Party Transactions [Abstract]

Related Party Disclosures

(16) Related Party Disclosures

Subsequent to the acquisition of Complete, the Company purchases services, products and equipment from companies affiliated with an officer of one of its subsidiaries. The Company believes transactions with these related parties have terms and conditions no less favorable than transactions with unaffiliated parties. For the six months ended June 30, 2013 and 2012, these purchases totaled approximately $84.4 million and $133.2 million, respectively.  For the six months ended June 30, 2013, approximately $28.8 million was purchased from ORTEQ Energy Services, a heavy equipment construction company which also manufactures pressure pumping equipment, approximately $0.1 million was purchased from Ortowski Construction, primarily related to the manufacture of pressure pumping units, approximately $7.1 million was purchased from Resource Transport, LLC,  approximately $36.8 million was purchased from Texas Specialty Sands, LLC primarily for the purchase of sand used for pressure pumping activities, approximately $11.2 million was purchased from ProFuel, LLC, and approximately $0.4 million was related to facilities leased from Timber Creek Real Estate Partners.  From the date of acquisition of Complete through June 30, 2012, approximately $63.8 million was purchased from ORTEQ Energy Services, approximately $2.1 million was purchased from Ortowski Construction, approximately $5.0 million was purchased from Resource Transport, LLC, approximately $52.6 million was purchased from Texas Specialty Sands, LLC, and approximately $9.7 million was purchased from ProFuel, LLC. 

As of June 30, 2013, the Company’s trade accounts payable includes amounts due to these companies totaling approximately $9.8 million, of which approximately $3.5 million was due ORTEQ Energy Services, approximately $0.5 million was due Resource Transport, LLC, approximately $4.1 million was due Texas Specialty Sands, LLC,  approximately  $1.4 million was due ProFuel, LLC and approximately $0.3 million was due Timber Creek Real Estate Partners.  No amounts were due Ortowski Construction.  As of December 31, 2012, the Company’s trade accounts payable includes amounts due to these companies totaling approximately $23.2 million, of which approximately $13.4 million was due ORTEQ Energy Services, approximately $1.3 million was due Resource Transport, LLC, approximately $6.9 million was due Texas Specialty Sands, LLC,  and approximately  $1.6 million was due ProFuel, LLC. No amounts were due Ortowski Construction and Timber Creek Real Estate Partners.

In May 2012, the Company’s President and Chief Executive Officer was appointed as an independent director of the board of Linn Energy, LLC (Linn), an independent oil and natural gas development company with focus areas in the mid-continent, including the Permian Basin, the Hugoton Basin, the Powder River Basin, the Williston Basin, Michigan, and California.  The Company recorded revenues from Linn of approximately $12.4 millionand $9.8 million for the sixmonths ended June 30, 2013 and 2012, respectively.  The Company had trade receivables from Linn of approximately $3.3 million as of June 30, 2013 and December 31, 2012.