Annual report pursuant to Section 13 and 15(d)

Property and Equipment (Tables)

v3.20.4
Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Property and Equipment  
Schedule of investment in property and equipment

Estimated

December 31,

(in thousands)

    

useful lives

    

2019

2020

Land

    

n/a

    

$

23,549

    

23,582

Gathering systems and facilities

40-50 years (1)

2,375,241

2,643,927

Permanent buried pipelines and equipment

7-20 years

602,230

545,419

Surface pipelines and equipment

1-7 years

48,594

50,916

Landfill

n/a (2)

1,244

Heavy trucks and equipment

3-5 years

6,617

5,919

Above ground storage tanks

5-10 years

3,418

2,483

Construction-in-progress

n/a

 

300,165

139,506

Total property and equipment

3,361,058

3,411,752

Less accumulated depreciation

(87,648)

(157,708)

Property and equipment, net

$

3,273,410

3,254,044

(1) Gathering systems and facilities are recognized as a single-leased asset with no residual value.
(2) Amortization of landfill costs is recorded over the life of the landfill on a units-of-consumption basis.