Transactions with Related Parties (Tables)
6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
Schedule of Costs Incurred and Payable with Related Parties
The following table summarizes the costs incurred for such services which were either included as part of oil and natural gas properties in the Consolidated Balance Sheet or as lease operating expense in the Consolidated Statements of Operations, as well as the related payables outstanding as of the balance sheet dates:
 
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
(in thousands)
 
2018
 
2017
 
2018
 
2017
Costs of goods/services provided
 
 
 
 
 
 
 
 
Liberty Oilfield Services, LLC(1)
 
$

 
$
27,675

 
$

 
$
40,182

Permian Tank and Manufacturing, Inc.(1)
 
1,780

 
1,308

 
3,767

 
2,365

Oil States International, Inc.(2)
 
2,106

 
3,236

 
4,401

 
3,932

(in thousands)
June 30, 2018
 
December 31, 2017
Accounts payable and accrued expenses
 
 
 
Permian Tank and Manufacturing, Inc.(1)
$
1,816

 
$
340

Oil States International, Inc.(2)
598

 
1,518

 
(1)
These entities are Riverstone affiliates. Riverstone and its affiliates, beneficially own more than 10% equity interest in the Company and are therefore considered related parties.
(2) 
Mark G. Papa, the Company’s President, Chief Executive Officer and Chairman of the Board, serves as a director and Chairman of the Board of Oil States International, Inc., an energy services company publicly traded on the New York Stock Exchange (“Oil States”).