| Disaggregation of Revenue |
The following table presents the disaggregation of the Company's crude oil and natural gas revenues by operating area for the three and six months ended June 30, 2026 and 2025. Sales of natural gas and NGLs are combined, as a substantial majority of the Company's natural gas sales contracts represent wellhead sales of unprocessed gas.
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Three months ended June 30, 2026 |
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Three months ended June 30, 2025 |
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In thousands |
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Crude Oil |
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Natural Gas
and NGLs |
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Total |
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Crude Oil |
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Natural Gas
and NGLs |
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Total |
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Bakken |
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$ |
888,038 |
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$ |
91,402 |
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$ |
979,440 |
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|
$ |
723,297 |
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$ |
70,163 |
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$ |
793,460 |
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Anadarko Basin |
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267,851 |
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|
160,515 |
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428,366 |
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178,266 |
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156,838 |
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335,104 |
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Powder River Basin |
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175,770 |
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12,945 |
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188,715 |
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97,185 |
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9,039 |
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106,224 |
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Permian Basin (1) |
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586,283 |
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(23,156 |
) |
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563,127 |
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335,715 |
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24,200 |
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359,915 |
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All other |
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45,283 |
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|
93 |
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45,376 |
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31,666 |
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5 |
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31,671 |
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Crude oil, natural gas, and natural gas liquids sales |
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$ |
1,963,225 |
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$ |
241,799 |
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$ |
2,205,024 |
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$ |
1,366,129 |
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$ |
260,245 |
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$ |
1,626,374 |
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Six months ended June 30, 2026 |
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Six months ended June 30, 2025 |
|
In thousands |
|
Crude Oil |
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|
Natural Gas
and NGLs |
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Total |
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Crude Oil |
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Natural Gas
and NGLs |
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Total |
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Bakken |
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$ |
1,603,625 |
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$ |
233,227 |
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$ |
1,836,852 |
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$ |
1,449,793 |
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$ |
209,432 |
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$ |
1,659,225 |
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Anadarko Basin |
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|
470,977 |
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393,973 |
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864,950 |
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411,765 |
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361,158 |
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772,923 |
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Powder River Basin |
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320,899 |
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26,425 |
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347,324 |
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210,415 |
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28,297 |
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238,712 |
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Permian Basin (1) |
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937,179 |
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(5,599 |
) |
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931,580 |
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717,965 |
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65,381 |
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783,346 |
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All other |
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71,800 |
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|
101 |
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71,901 |
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|
62,347 |
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28 |
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|
62,375 |
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Crude oil, natural gas, and natural gas liquids sales |
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$ |
3,404,480 |
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$ |
648,127 |
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$ |
4,052,607 |
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$ |
2,852,285 |
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$ |
664,296 |
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$ |
3,516,581 |
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(1) Negative gas revenues in the Permian Basin for the 2026 periods reflect significantly depressed or negative residue gas market prices in the basin that resulted in net payments being owed by the Company to midstream customers after the application of contractual sales price adjustments and deductions.
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