| Schedule of operating results and assets of reportable segments |
The operating results and assets of the Company’s reportable segments were as follows for the three months ended March 31, 2016 and 2017 (in thousands):
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Exploration
and
production
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Gathering and
processing
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Water handling and treatment
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Marketing
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Elimination of
intersegment
transactions
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Consolidated
total
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Three months ended March 31, 2016:
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Sales and revenues:
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Third-party
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$
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617,944
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3,587
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257
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99,216
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—
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721,004
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Intersegment
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3,825
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66,040
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66,189
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—
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(136,054)
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—
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Total
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$
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621,769
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69,627
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66,446
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99,216
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(136,054)
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721,004
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Operating expenses:
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Lease operating
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$
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11,332
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—
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40,714
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—
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(40,753)
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11,293
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Gathering, compression, processing, and transportation
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267,445
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7,170
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—
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—
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(65,877)
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208,738
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Depletion, depreciation, and amortization
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167,552
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17,068
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|
6,962
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—
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—
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191,582
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General and administrative expense
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43,552
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9,335
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|
3,756
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—
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(356)
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56,287
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Other operating expenses
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35,165
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|
449
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4,204
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137,933
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(3,396)
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174,355
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Total
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525,046
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34,022
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55,636
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137,933
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(110,382)
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642,255
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Operating income (loss)
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$
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96,723
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35,605
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10,810
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(38,717)
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(25,672)
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78,749
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Equity in earnings of unconsolidated affiliates
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$
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—
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—
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—
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—
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—
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—
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Segment assets
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$
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12,738,875
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1,518,554
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524,348
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35,983
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(529,048)
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14,288,712
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Capital expenditures for segment assets
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$
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449,830
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48,686
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37,036
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—
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(25,429)
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510,123
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Exploration
and
production
|
|
Gathering and
processing
|
|
Water handling and treatment
|
|
Marketing
|
|
Elimination of
intersegment
transactions
|
|
Consolidated
total
|
|
|
Three months ended March 31, 2017:
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Sales and revenues:
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Third-party
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$
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1,127,051
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2,539
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|
65
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|
65,924
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—
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1,195,579
|
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Intersegment
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|
4,440
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|
89,120
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83,045
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—
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(176,605)
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—
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Total
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$
|
1,131,491
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|
91,659
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83,110
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65,924
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(176,605)
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1,195,579
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Operating expenses:
|
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|
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Lease operating
|
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$
|
15,742
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|
—
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|
38,622
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—
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(38,813)
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|
15,551
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Gathering, compression, processing, and transportation
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|
347,768
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|
8,114
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—
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—
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(89,053)
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|
266,829
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Depletion, depreciation, and amortization
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|
174,969
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|
19,924
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|
7,836
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|
—
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—
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|
202,729
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General and administrative expense
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|
|
51,056
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|
10,138
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|
4,319
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|
—
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(815)
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|
64,698
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Other operating expenses
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|
|
53,618
|
|
—
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4,344
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|
89,993
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(3,526)
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144,429
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Total
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643,153
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|
38,176
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|
55,121
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89,993
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(132,207)
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694,236
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Operating income (loss)
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|
$
|
488,338
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|
53,483
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|
27,989
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(24,069)
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(44,398)
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501,343
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Equity in earnings of unconsolidated affiliates
|
|
$
|
—
|
|
2,231
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—
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|
—
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—
|
|
2,231
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Segment assets
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|
$
|
12,989,013
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1,941,668
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|
645,943
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27,730
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(715,700)
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14,888,654
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Capital expenditures for segment assets
|
|
$
|
456,950
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|
66,559
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|
36,954
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|
—
|
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(44,229)
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|
516,234
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