Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.19.2
Revenue (Tables)
6 Months Ended
Jun. 30, 2019
Revenue  
Schedule of minimum revenue amounts under the minimum volume commitments

Minimum revenue amounts under the minimum volume commitments are as follows:

Remainder of

Year Ended December 31,

(in thousands)

2019

2020

2021

2022

2023

2024

Thereafter

Total

Minimum revenue under the Gathering and Compression Agreement (1)

$

63,997

210,363

209,788

209,788

209,788

210,363

535,756

1,649,843

Minimum revenue under the Water Services Agreement

73,604

73,604

Total

$

137,601

210,363

209,788

209,788

209,788

210,363

535,756

1,723,447

(1) Minimum volume commitments under the Gathering and Compression Agreement are recognized on a straight-line basis and additional operating lease income is earned when excess volumes are delivered under the contract. The Company is not party to any leases that have not commenced.

Schedule of disaggregation of revenue

Three Months

Six Months

Ended

Ended

June 30,

June 30,

Segment to which

(in thousands)

2019

2019

revenues relate

Revenue from contracts with customers

Type of service

Gathering—low pressure

$

78,807

94,634

Gathering and Processing(1)

Gathering—high pressure

47,749

57,032

Gathering and Processing(1)

Compression

42,369

50,793

Gathering and Processing(1)

Fresh water delivery

43,429

54,204

Water Handling and Treatment

Wastewater treatment

12,011

14,441

Water Handling and Treatment

Other fluid handling

39,787

48,937

Water Handling and Treatment

Amortization of customer relationships(2)

(2,402)

(2,903)

Gathering and Processing

Amortization of customer relationships(2)

(6,132)

(7,412)

Water Handling and Treatment

Total

$

255,618

309,726

Type of contract

Per Unit Fixed Fee

$

168,925

202,459

Gathering and Processing(1)

Per Unit Fixed Fee

55,440

68,645

Water Handling and Treatment

Cost plus 3%

39,787

48,937

Water Handling and Treatment

Amortization of customer relationships

(2,402)

(2,903)

Gathering and Processing

Amortization of customer relationships

(6,132)

(7,412)

Water Handling and Treatment

Total

$

255,618

309,726

(1) Revenue related to the gathering and processing segment is classified as lease income related to the gathering system.
(2) Fair value of customer contracts acquired as part of the Transactions discussed in Note 3—Business Combination.