| Schedule of Disaggregation of Revenue |
The Company’s revenues and other income for the three-month periods ended March 31, 2026 and 2025 were as follows. | | | | | | | | | | | | | | | | | | | | | Three Months Ended
March 31, | | (Thousands of dollars) | | | | | | 2026 | | 2025 | | Net crude oil and condensate revenue | | | | | | | | | United States - Onshore | | | | | $ | 188,348 | | | $ | 109,458 | | United States - Offshore 1 | | | | | 333,441 | | | 352,362 | | | Canada - Onshore | | | | | 17,391 | | | 14,730 | | | Canada - Offshore | | | | | 53,336 | | | 74,469 | | | Other | | | | | 2,909 | | | — | | | Total crude oil and condensate revenue | | | | | 595,425 | | | 551,019 | | | Net natural gas liquids revenue | | | | | | | | | United States - Onshore | | | | | 9,275 | | | 8,487 | | United States - Offshore 1 | | | | | 6,363 | | | 9,249 | | | Canada - Onshore | | | | | 1,318 | | | 1,747 | | | Total natural gas liquids revenue | | | | | 16,956 | | | 19,483 | | | Net natural gas revenue | | | | | | | | | United States - Onshore | | | | | 11,128 | | | 7,967 | | United States - Offshore 1 | | | | | 26,150 | | | 19,941 | | | Canada - Onshore | | | | | 82,695 | | | 74,320 | | | Total natural gas revenue | | | | | 119,973 | | | 102,228 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Total revenue from sales to customers | | | | | 732,354 | | | 672,730 | | | Gain (loss) on derivative instruments | | | | | — | | | (9,459) | | | Gain on sale of assets and other operating income | | | | | 1,198 | | | 2,440 | | | Total revenues and other income | | | | | $ | 733,552 | | | $ | 665,711 | |
1 Includes revenue attributable to the noncontrolling interest in MP GOM.
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| Schedule of Current Long-Term Contracts Outstanding |
As of March 31, 2026, the Company had the following sales contracts in place which are expected to generate revenue from sales to customers for a period over 12 months starting at the inception of the contract:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Location | | Commodity | | End Date | | Description | | Approximate Volumes | | U.S. | | Natural Gas and NGLs | | Q1 2031 | | Deliveries from dedicated acreage in Eagle Ford Shale | | As produced | | Canada | | Natural Gas | | Q4 2026 | | Contracts to sell natural gas at USD index pricing | | 49 MMCF/D | | Canada | | Natural Gas | | Q4 2027 | | Contracts to sell natural gas at USD index pricing | | 30 MMCF/D | | Canada | | Natural Gas | | Q4 2028 | | Contracts to sell natural gas at USD index pricing | | 10 MMCF/D | | Canada | | Natural Gas | | Q4 2029 | | Contracts to sell natural gas at USD index pricing | | 25 MMCF/D | | Canada | | Natural Gas | | Q4 2026 | | Contracts to sell natural gas at CAD fixed pricing | | 50 MMCF/D | | Canada | | Natural Gas | | Q4 2027 | | Contracts to sell natural gas at CAD fixed pricing | | 9 MMCF/D | | Canada | | NGLs | | Q4 2026 | | Contracts to sell NGLs at CAD index pricing | | As produced |
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