CONDENSED CONSOLIDATED BALANCE SHEETS - Centennial Resource Production, LLC (Centennial OpCo) - USD ($)
$ in Thousands |
Sep. 30, 2016 |
Dec. 31, 2015 |
| Current assets |
|
|
| Cash and cash equivalents |
$ 410
|
$ 1,768
|
| Accounts receivable, net |
10,358
|
13,012
|
| Derivative instruments, net |
1,618
|
19,043
|
| Prepaid and other current assets |
864
|
322
|
| Total current assets |
13,250
|
34,145
|
| Oil and natural gas properties, other property and equipment |
|
|
| Oil and natural gas properties, successful efforts method |
718,999
|
651,596
|
| Accumulated depreciation, depletion and amortization |
(241,017)
|
(180,946)
|
| Unproved oil and natural gas properties |
139,690
|
105,897
|
| Other property and equipment, net of accumulated depreciation of $1,665 and $868, respectively |
1,703
|
2,240
|
| Total property and equipment, net |
619,375
|
578,787
|
| Noncurrent assets |
|
|
| Derivative instruments, net |
245
|
2,070
|
| Other noncurrent assets |
1,042
|
1,293
|
| Total assets |
633,912
|
616,295
|
| Current liabilities |
|
|
| Accounts payable and accrued expenses |
23,579
|
19,985
|
| Derivative instruments, net |
1,000
|
|
| Other current liabilities |
243
|
2,148
|
| Total current liabilities |
24,822
|
22,133
|
| Noncurrent liabilities |
|
|
| Revolving credit facility |
124,000
|
74,000
|
| Term loan, net of unamortized deferred financing costs |
64,762
|
64,649
|
| Asset retirement obligations |
2,680
|
2,288
|
| Deferred tax liability |
1,954
|
2,361
|
| Derivative instruments, net |
557
|
|
| Total liabilities |
218,775
|
165,431
|
| Owners' equity |
415,137
|
450,864
|
| Total liabilities and owners' equity |
$ 633,912
|
$ 616,295
|