Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.22.2.2
Revenue (Tables)
9 Months Ended
Sep. 30, 2022
Revenue  
Schedule of minimum future lease cash flows to be received by the Company under the gathering and compression agreement

Minimum future lease cash flows to be received by the Company under the gathering and compression agreement as of September 30, 2022 are as follows (in thousands):

Remainder of year ending December 31, 2022

$

45,492

Year ending December 31, 2023

298,655

Year ending December 31, 2024

299,473

Year ending December 31, 2025

285,175

Year ending December 31, 2026

271,762

Thereafter

562,414

Total

$

1,762,971

Schedule of disaggregation of revenue

Three Months Ended September 30,

Nine Months Ended September 30,

(in thousands)

2021

2022

2021

2022

    

Reportable Segment

Type of service

Gathering—low pressure

$

87,139

92,091

265,206

273,188

Gathering and Processing (1)

Gathering—low pressure rebate

(12,000)

(36,000)

Gathering and Processing (1)

Compression

49,765

52,364

147,273

155,462

Gathering and Processing (1)

Gathering—high pressure

51,812

53,185

154,065

159,504

Gathering and Processing (1)

Fresh water delivery

33,004

38,445

108,113

111,609

Water Handling

Other fluid handling

20,752

24,617

60,059

67,673

Water Handling

Amortization of customer relationships

(9,271)

(9,271)

(27,813)

(27,814)

Gathering and Processing

Amortization of customer relationships

(8,397)

(8,397)

(25,191)

(25,190)

Water Handling

Total

$

224,804

231,034

681,712

678,432

Type of contract

Per Unit Fixed Fee

$

188,716

197,640

566,544

588,154

Gathering and Processing (1)

Gathering—low pressure rebate

(12,000)

(36,000)

Gathering and Processing (1)

Per Unit Fixed Fee

33,004

38,921

108,113

112,722

Water Handling

Cost plus 3%

16,952

19,346

48,727

51,384

Water Handling

Cost of service fee

3,800

4,795

11,332

15,176

Water Handling

Amortization of customer relationships

(9,271)

(9,271)

(27,813)

(27,814)

Gathering and Processing

Amortization of customer relationships

(8,397)

(8,397)

(25,191)

(25,190)

Water Handling

Total

$

224,804

231,034

681,712

678,432

(1) Revenue related to the gathering and processing segment is classified as lease income related to the gathering system.