2022 Q1 Form 10-Q Financial Statement

#000165495422006985 Filed on May 16, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1 2020 Q4
Revenue $110.7M $59.41M $51.41M
YoY Change 86.29% -4.17% -38.32%
Cost Of Revenue $104.1M $59.62M $50.70M
YoY Change 74.56% -3.97% -34.61%
Gross Profit $6.606M -$210.0K $713.0K
YoY Change -3245.71% 138.64% -87.77%
Gross Profit Margin 5.97% -0.35% 1.39%
Selling, General & Admin $624.0K $658.0K $440.0K
YoY Change -5.17% 2.17% -41.72%
% of Gross Profit 9.45% 61.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $701.0K $693.0K $694.0K
YoY Change 1.15% 9.48% 9.29%
% of Gross Profit 10.61% 97.34%
Operating Expenses $11.00K $54.00K $1.279M
YoY Change -79.63% -96.36% -19.1%
Operating Profit $5.111M -$1.739M -$566.0K
YoY Change -393.9% 10.69% -113.32%
Interest Expense $1.592M $1.480M -$1.657M
YoY Change 7.57% -184.38% -18.37%
% of Operating Profit 31.15%
Other Income/Expense, Net -$1.592M -$1.435M
YoY Change 10.94%
Pretax Income $3.519M -$3.174M -$2.223M
YoY Change -210.87% -4.54% -227.32%
Income Tax -$41.00K $0.00 $0.00
% Of Pretax Income -1.17%
Net Earnings $3.478M -$4.100M -$2.223M
YoY Change -184.83% 22.75% -227.32%
Net Earnings / Revenue 3.14% -6.9% -4.32%
Basic Earnings Per Share $0.27 -$0.25
Diluted Earnings Per Share $0.27 -$0.25 -$175.1K
COMMON SHARES
Basic Shares Outstanding 12.69B shares 12.69B shares
Diluted Shares Outstanding 12.69B shares 12.69B shares

Balance Sheet

Concept 2022 Q1 2021 Q1 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $106.0K $521.0K $549.0K
YoY Change -79.65% 93.68% 662.5%
Cash & Equivalents $106.0K $569.0K $1.111M
Short-Term Investments
Other Short-Term Assets $1.842M $1.218M $3.736M
YoY Change 51.23% 21.44% 50.46%
Inventory $5.810M $1.099M $1.062M
Prepaid Expenses $1.732M $3.564M
Receivables $143.0K $170.0K $214.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.901M $3.008M $5.561M
YoY Change 162.67% -14.3% -8.46%
LONG-TERM ASSETS
Property, Plant & Equipment $59.27M $62.31M $62.50M
YoY Change -4.88% -2.82% -3.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $230.0K $230.0K $230.0K
YoY Change 0.0% 0.0% 0.0%
Other Assets $0.00 $514.0K
YoY Change -100.0% -13.9%
Total Long-Term Assets $59.79M $62.54M $63.74M
YoY Change -4.4% -3.63% -2.49%
TOTAL ASSETS
Total Short-Term Assets $7.901M $3.008M $5.561M
Total Long-Term Assets $59.79M $62.54M $63.74M
Total Assets $67.69M $65.55M $69.30M
YoY Change 3.27% -4.18% -3.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.511M $2.844M $3.274M
YoY Change -11.71% 80.69% 61.6%
Accrued Expenses $4.855M $10.17M $4.882M
YoY Change -52.28% 53.76% -20.79%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $7.169M $8.042M
YoY Change -100.0% -36.24% -29.85%
Long-Term Debt Due $43.00M $50.08M $33.69M
YoY Change -14.12% 21.68% -15.59%
Total Short-Term Liabilities $80.83M $77.32M $77.84M
YoY Change 4.53% 17.26% 18.91%
LONG-TERM LIABILITIES
Long-Term Debt $2.334M $349.0K $355.0K
YoY Change 568.77%
Other Long-Term Liabilities $4.683M $1.842M $1.890M
YoY Change 154.23% -20.81% -24.22%
Total Long-Term Liabilities $7.017M $2.191M $2.245M
YoY Change 220.26% -5.8% -9.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.83M $77.32M $77.84M
Total Long-Term Liabilities $7.017M $2.191M $2.245M
Total Liabilities $87.84M $79.51M $80.09M
YoY Change 10.48% 16.48% 17.85%
SHAREHOLDERS EQUITY
Retained Earnings -$49.37M
YoY Change
Common Stock $38.58M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$20.15M -$13.96M -$10.79M
YoY Change
Total Liabilities & Shareholders Equity $67.69M $65.55M $69.30M
YoY Change 3.27% -4.18% -3.0%

Cashflow Statement

Concept 2022 Q1 2021 Q1 2020 Q4
OPERATING ACTIVITIES
Net Income $3.478M -$4.100M -$2.223M
YoY Change -184.83% 22.75% -227.32%
Depreciation, Depletion And Amortization $701.0K $693.0K $694.0K
YoY Change 1.15% 9.48% 9.29%
Cash From Operating Activities $937.0K $373.0K -$1.705M
YoY Change 151.21% -244.02% -178.46%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$888.0K $0.00 $0.00
YoY Change -100.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -888.0K -915.0K 1.978M
YoY Change -2.95% -239.91% -176.99%
NET CHANGE
Cash From Operating Activities 937.0K 373.0K -1.705M
Cash From Investing Activities -$888.0K 0.000 0.000
Cash From Financing Activities -888.0K -915.0K 1.978M
Net Change In Cash $49.00K -$542.0K 273.0K
YoY Change -109.04% -375.13% -153.32%
FREE CASH FLOW
Cash From Operating Activities $937.0K $373.0K -$1.705M
Capital Expenditures $0.00 $0.00
Free Cash Flow $373.0K -$1.705M
YoY Change -711.48% -174.49%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
14799041 shares
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2334000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
838000 USD
CY2022Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
7017000 USD
CY2022Q1 bdco Refinery Operations Revenue
RefineryOperationsRevenue
109757000 USD
CY2021Q1 bdco Refinery Operations Revenue
RefineryOperationsRevenue
58483000 USD
CY2022Q1 bdco Tolling And Terminaling Revenue
TollingAndTerminalingRevenue
926000 USD
CY2021Q1 bdco Tolling And Terminaling Revenue
TollingAndTerminalingRevenue
930000 USD
CY2022Q1 us-gaap Revenues
Revenues
110683000 USD
CY2021Q1 us-gaap Revenues
Revenues
59413000 USD
CY2022Q1 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
102393000 USD
CY2021Q1 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
57783000 USD
CY2022Q1 bdco Other Conversion Costs
OtherConversionCosts
1684000 USD
CY2021Q1 bdco Other Conversion Costs
OtherConversionCosts
1840000 USD
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
104077000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
59623000 USD
CY2022Q1 us-gaap Gross Profit
GrossProfit
6606000 USD
CY2021Q1 us-gaap Gross Profit
GrossProfit
-210000 USD
CY2022Q1 us-gaap Management Fee Expense
ManagementFeeExpense
126000 USD
CY2021Q1 us-gaap Management Fee Expense
ManagementFeeExpense
124000 USD
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
11000 USD
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
54000 USD
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
624000 USD
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
658000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
701000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1
AccumulatedDepreciationDepletionAndAmortizationSaleOfPropertyPlantAndEquipment1
693000 USD
CY2022Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1495000 USD
CY2021Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1529000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
5111000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1739000 USD
CY2022Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
0 USD
CY2021Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
2000 USD
CY2022Q1 us-gaap Interest Expense
InterestExpense
1592000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
1480000 USD
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
43000 USD
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1592000 USD
CY2021Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1435000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3519000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3174000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-41000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3478000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3174000 USD
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12693514000 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12693514000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12693514000 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12693514000 shares
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
701000 USD
CY2021Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
693000 USD
CY2021Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
0 USD
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2021Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
43000 USD
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
701000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2504000 USD
CY2022Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
0 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
49000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-542000 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
57000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1111000 USD
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
106000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
569000 USD
CY2022Q1 us-gaap Secured Debt Current
SecuredDebtCurrent
61100000 USD
CY2022Q1 bdco Net Loss
NetLoss
3500000 USD
CY2021Q1 bdco Net Loss
NetLoss
3200000 USD
CY2022Q1 bdco Working Capital Deficit
WorkingCapitalDeficit
72900000 USD
CY2022Q1 bdco Working Capital Deficit Excluding The Current Portion Of Long Term Debt
WorkingCapitalDeficitExcludingTheCurrentPortionOfLongTermDebt
11800000 USD
CY2022Q1 us-gaap Cash
Cash
100000 USD
CY2021Q4 us-gaap Cash
Cash
10000.00 USD
CY2022Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
0 USD
CY2022Q1 bdco Uncertain Tax Position Description
UncertainTaxPositionDescription
benefit in the financial statements equal to the largest amount greater than 50% likely to be realized upon settlement with taxing authorities
CY2022Q1 bdco Asset Retirement Obligations Policy Textblock
AssetRetirementObligationsPolicyTextblock
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Asset Retirement Obligations</strong>. We record a liability for the discounted fair value of an ARO in the period incurred. We also capitalize the corresponding cost by increasing the carrying amount of the related long-lived asset. The liability is accreted towards its future value each period, and we depreciate the capitalized cost over the useful life of the related asset. We recognize a gain or loss if we settle the liability for an amount other than the amount recorded.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em><span style="color:#7030a0">Refinery and Facilities</span></em>. We believe we have no legal or contractual obligation to dismantle or remove the refinery and facilities assets. Further, we believe that these assets have indeterminate lives because we cannot reasonably estimate the dates or ranges of dates upon which we would retire these assets. Management will record an asset retirement obligation for these assets when a definitive obligation arises, and retirement dates are evident.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em><span style="color:#7030a0">Pipeline and Facilities</span>; Oil and Gas Properties</em>. Management uses significant judgment to estimate future asset retirement costs for our pipelines, related facilities, and oil and gas properties. These costs relate to dismantling and disposing certain physical assets, plugging and abandoning wells, and restoring land and sea beds. Factors considered include regulatory requirements, structural integrity, water depth, reservoir depth, equipment availability, and mobilization efforts. We review our assumptions and estimates of future abandonment costs on an annual basis. See “Note (11)” to our consolidated financial statements for additional information related to AROs.</p>
CY2022Q1 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
200000 USD
CY2022Q1 bdco Schedule Of Affiliate Agreements Transactions
ScheduleOfAffiliateAgreementsTransactions
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;margin:0px">March 31,</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;margin:0px">December 31,</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">2022</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">2021</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">(in thousands)</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">LEH</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px">June LEH Note (in default)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;"><strong>$</strong></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;"><strong>10,507</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">12,672</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px">BDPL-LEH Loan Agreement</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;"><strong>7,614</strong></td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">7,454</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 30px">LEH Total</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;"><strong>18,121</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">20,126</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Ingleside</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px">March Ingleside Note (in default)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;"><strong>1,075</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,066</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Jonathan Carroll</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px">March Carroll Note (in default)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;"><strong>2,505</strong></td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2,304</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;"><strong>21,701</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">23,496</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Less:  Long-term debt, related party, current portion, in default</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;"><strong>(18,087</strong></td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;"><strong>)</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: black 1px solid;width:9%;vertical-align:bottom;text-align:right;">(20,042</td><td style="PADDING-BOTTOM: 1px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Less:  Accrued interest payable, related party (in default)</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;"><strong>(3,614</strong></td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;"><strong>)</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: black 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: black 3px double;width:9%;vertical-align:bottom;text-align:right;">(3,454</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr></tbody></table>
CY2022Q1 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
21701 USD
CY2021Q4 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
23496 USD
CY2022Q1 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
18087000 USD
CY2021Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
20042000 USD
CY2022Q1 bdco Interestpayablerelatedpartiescurrent
Interestpayablerelatedpartiescurrent
3614000 USD
CY2021Q4 bdco Interestpayablerelatedpartiescurrent
Interestpayablerelatedpartiescurrent
3454000 USD
CY2022Q1 bdco Total Revenues
TotalRevenues
110683000 USD
CY2022Q1 bdco Total Revenues Percent
TotalRevenuesPercent
1.000 pure
CY2020 bdco Total Revenues
TotalRevenues
59413000 USD
CY2020 bdco Total Revenues Percent
TotalRevenuesPercent
1.000 pure
CY2022Q1 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
588000 USD
CY2021Q1 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
538000 USD
CY2022Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10000.00 USD
CY2022Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
100000 USD
CY2022Q1 us-gaap Revenues
Revenues
110683000 USD
CY2021Q1 us-gaap Revenues
Revenues
59413000 USD
CY2022Q1 bdco Intercompanyfeesandsales
Intercompanyfeesandsales
0 USD
CY2021Q1 bdco Intercompanyfeesandsales
Intercompanyfeesandsales
0 USD
CY2022Q1 bdco Segment Contribution Margin
SegmentContributionMargin
6595000 USD
CY2021Q1 bdco Segment Contribution Margin
SegmentContributionMargin
-264000 USD
CY2022Q1 bdco Total General And Administrative Expenses
TotalGeneralAndAdministrativeExpenses
783000 USD
CY2021Q1 bdco Total General And Administrative Expenses
TotalGeneralAndAdministrativeExpenses
782000 USD
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
701000 USD
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
693000 USD
CY2022Q1 us-gaap Interest Expense Other
InterestExpenseOther
1592000 USD
CY2021Q1 us-gaap Interest Expense Other
InterestExpenseOther
1435000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3519000 USD
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3174000 USD
CY2022Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-41 USD
CY2021Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
3478000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3174000 USD
CY2022Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
0 USD
CY2021Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
0 USD
CY2022Q1 us-gaap Assets
Assets
67693000 USD
CY2021Q1 us-gaap Assets
Assets
65552000 USD
CY2022Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 USD
CY2022Q1 us-gaap Legal Fees
LegalFees
24800000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
10100000 USD
CY2022Q1 bdco Total Revenue Percentage
TotalRevenuePercentage
The Affiliate accounted for 31.2% and 27.1% of total revenue from operations for the three months ended March 31, 2022 and 2021, respectively
CY2022Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
0 USD
CY2022Q1 bdco Total Refined Petroleum Product Sales
TotalRefinedPetroleumProductSales
109757000 USD
CY2022Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1.000 pure
CY2021Q1 bdco Total Refined Petroleum Product Sales
TotalRefinedPetroleumProductSales
58483000 USD
CY2021Q1 us-gaap Concentration Risk Percentage1
ConcentrationRiskPercentage1
1.000 pure
CY2022Q1 bdco Schedule Of Prepaid Balances
ScheduleOfPrepaidBalances
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">March 31,</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;margin:0px">December 31,</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">2022</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">2021</p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">(in thousands)</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Prepaid crude oil and condensate</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;"><strong>$</strong></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;"><strong>932</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,368</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Prepaid insurance</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;"><strong>680</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">953</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Prepaid easement renewal fees</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;"><strong>71</strong></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">76</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Other prepaids</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;"><strong>49</strong></td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">36</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;"><strong>$</strong></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;"><strong>1,732</strong></td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2,433</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2022Q1 bdco Prepaid Crude Oil And Condensate
PrepaidCrudeOilAndCondensate
932000 USD
CY2021Q4 bdco Prepaid Crude Oil And Condensate
PrepaidCrudeOilAndCondensate
1368000 USD
CY2022Q1 us-gaap Prepaid Insurance
PrepaidInsurance
680000 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
953000 USD
CY2022Q1 bdco Prepaid Easement Renewal Fees
PrepaidEasementRenewalFees
71000 USD
CY2021Q4 bdco Prepaid Easement Renewal Fees
PrepaidEasementRenewalFees
76000 USD
CY2022Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
49000 USD
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
36000 USD
CY2022Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1732000 USD
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2433000 USD
CY2022Q1 us-gaap Inventory Net
InventoryNet
5810000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
3098000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
74052000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
74052000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18444000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17795000 USD
CY2022Q1 bdco Property Plant And Equipment Net Excluding Construction In Progress
PropertyPlantAndEquipmentNetExcludingConstructionInProgress
55608000 USD
CY2021Q4 bdco Property Plant And Equipment Net Excluding Construction In Progress
PropertyPlantAndEquipmentNetExcludingConstructionInProgress
56257000 USD
CY2022Q1 bdco Construction In Progress Net
ConstructionInProgressNet
3666000 USD
CY2021Q4 bdco Construction In Progress Net
ConstructionInProgressNet
3666000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
59274000 USD
CY2022Q1 bdco Unearned Revenue
UnearnedRevenue
3066000 USD
CY2021Q4 bdco Unearned Revenue
UnearnedRevenue
4388000 USD
CY2022Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
407 USD
CY2021Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
407 USD
CY2022Q1 bdco Unearned Contracts Renewal Income
UnearnedContractsRenewalIncome
400000 USD
CY2021Q4 bdco Unearned Contracts Renewal Income
UnearnedContractsRenewalIncome
400000 USD
CY2022Q1 bdco Board Of Director Fees Payable
BoardOfDirectorFeesPayable
263000 USD
CY2021Q4 bdco Board Of Director Fees Payable
BoardOfDirectorFeesPayable
230000 USD
CY2022Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
207000 USD
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
218000 USD
CY2022Q1 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
203000 USD
CY2021Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
136000 USD
CY2022Q1 us-gaap Customer Deposits Current
CustomerDepositsCurrent
173000 USD
CY2021Q4 us-gaap Customer Deposits Current
CustomerDepositsCurrent
173000 USD
CY2022Q1 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
136000 USD
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
273000 USD
CY2022Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4855000 USD
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
6225000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
43004000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
42953000 USD
CY2022Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2301000 USD
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2351000 USD
CY2022Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8493000 USD
CY2021Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8689000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2334000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
838000 USD
CY2022Q1 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
871000 USD
CY2021Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
821000 USD
CY2022Q1 bdco Unamortized Debt Issue Costs Net
UnamortizedDebtIssueCostsNet
2301000 USD
CY2021Q4 bdco Unamortized Debt Issue Costs Net
UnamortizedDebtIssueCostsNet
2351000 USD
CY2022Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
50000.00 USD
CY2021Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
30000.00 USD
CY2022Q1 bdco Accrued Interest Payable
AccruedInterestPayable
8493000 USD
CY2021Q4 bdco Accrued Interest Payable
AccruedInterestPayable
8689000 USD
CY2022Q1 us-gaap Interest Payable Current
InterestPayableCurrent
8493000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
8689000 USD
CY2022Q1 bdco Interest Payable Net Of Current Portion
InterestPayableNetOfCurrentPortion
0 USD
CY2021Q4 bdco Interest Payable Net Of Current Portion
InterestPayableNetOfCurrentPortion
0 USD
CY2021Q4 us-gaap Asset Retirement Obligation Legally Restricted Assets Fair Value
AssetRetirementObligationLegallyRestrictedAssetsFairValue
3461000 USD
CY2020Q4 us-gaap Asset Retirement Obligation Legally Restricted Assets Fair Value
AssetRetirementObligationLegallyRestrictedAssetsFairValue
2370000 USD
CY2022Q1 us-gaap Estimate Of Cancellations
EstimateOfCancellations
0 USD
CY2021 us-gaap Estimate Of Cancellations
EstimateOfCancellations
1091000 USD
CY2022Q1 us-gaap Accretion Expense
AccretionExpense
33 USD
CY2021 us-gaap Accretion Expense
AccretionExpense
0 USD
CY2022Q1 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3494000 USD
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
3461000 USD
CY2022Q1 bdco Less Asset Retirement Obligations Current Portion
LessAssetRetirementObligationsCurrentPortion
0 USD
CY2021 bdco Less Asset Retirement Obligations Current Portion
LessAssetRetirementObligationsCurrentPortion
0 USD
CY2022Q1 bdco Long Term Aros At The End Of The Period
LongTermArosAtTheEndOfThePeriod
3494000 USD
CY2021 bdco Long Term Aros At The End Of The Period
LongTermArosAtTheEndOfThePeriod
3461000 USD
CY2022Q1 srt Minimum Remaining Terms Of Leases And Concessions On Undeveloped Acreage1
MinimumRemainingTermsOfLeasesAndConcessionsOnUndevelopedAcreage1
P5Y
CY2022Q1 bdco Rentinstallmentsandothercharges
Rentinstallmentsandothercharges
100000 USD
CY2022Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.0450 pure
CY2022Q1 bdco Pastobligationsofrent
Pastobligationsofrent
20000.00 USD
CY2022Q1 us-gaap Sublease Income
SubleaseIncome
8000.000 USD
CY2021Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
1086000 USD
CY2021Q1 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
667000 USD
CY2022Q1 bdco Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
787000 USD
CY2021Q4 bdco Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
787000 USD
CY2022Q1 us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
499000 USD
CY2021 us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
455000 USD
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
288000 USD
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
332000 USD
CY2022Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
220000 USD
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
215000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
99000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
156000 USD
CY2022Q1 bdco Lease Liability
LeaseLiability
319000 USD
CY2021Q4 bdco Lease Liability
LeaseLiability
371000 USD
CY2021 bdco Weighted Average Remaining Lease Term In Years Operating Lease
WeightedAverageRemainingLeaseTermInYearsOperatingLease
P1Y5M1D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0825 pure
CY2021Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0825 pure
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
51000 USD
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
51000 USD
CY2022Q1 us-gaap Lease Cost
LeaseCost
51000 USD
CY2021Q1 us-gaap Lease Cost
LeaseCost
51000 USD
CY2022Q1 bdco Operating Cash Flows For Operating Lease
OperatingCashFlowsForOperatingLease
52000 USD
CY2021Q1 bdco Operating Cash Flows For Operating Lease
OperatingCashFlowsForOperatingLease
47000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
220000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
99000 USD
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
319000 USD
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
238000 USD
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
101000 USD
CY2022Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
339000 USD
CY2022Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
-41000 USD
CY2021Q1 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1086000 USD
CY2021Q1 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
667000 USD
CY2022Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
16818000 USD
CY2022Q1 bdco Deferred Tax Assets Business Interest Expense
DeferredTaxAssetsBusinessInterestExpense
4573000 USD
CY2021Q4 bdco Deferred Tax Assets Business Interest Expense
DeferredTaxAssetsBusinessInterestExpense
4680000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-41000 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
15588000 USD
CY2022Q1 bdco Deferred Tax Assets Startup Costs
DeferredTaxAssetsStartupCosts
403000 USD
CY2021Q4 bdco Deferred Tax Assets Startup Costs
DeferredTaxAssetsStartupCosts
424000 USD
CY2022Q1 bdco Deferred Tax Assets Asset Retirement Liability Deferred Revenue
DeferredTaxAssetsAssetRetirementLiabilityDeferredRevenue
734000 USD
CY2021Q4 bdco Deferred Tax Assets Asset Retirement Liability Deferred Revenue
DeferredTaxAssetsAssetRetirementLiabilityDeferredRevenue
727000 USD
CY2022Q1 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
18000 USD
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
12000 USD
CY2022Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
21316000 USD
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
22661000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
8012000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
7945000 USD
CY2022Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
8012000 USD
CY2021Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
7945000 USD
CY2022Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
13304000 USD
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
14716000 USD
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13304000 USD
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
14716000 USD
CY2022Q1 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2022Q1 us-gaap Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
0.05 pure
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
16300000 USD
CY2022Q1 bdco Annual Use Limitation
AnnualUseLimitation
600000 USD
CY2022Q1 bdco Nol Carryforwards Annual Use Limitation
NolCarryforwardsAnnualUseLimitation
6700000 USD
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
65977000 USD
CY2021 bdco Net Operating Losses Generated Postacquisition
NetOperatingLossesGeneratedPostacquisition
7431 USD
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
73408000 USD
CY2022Q1 bdco Net Operating Losses Generated Postacquisition
NetOperatingLossesGeneratedPostacquisition
-5855 USD
CY2022Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
67553000 USD
CY2022Q1 bdco Net Income Losses
NetIncomeLosses
3478000 USD
CY2021Q1 bdco Net Income Losses
NetIncomeLosses
3174000 USD
CY2022Q1 bdco Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
0.27
CY2021Q1 bdco Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
-0.25
CY2022Q1 bdco Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
12693514 shares
CY2021Q1 bdco Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
12693514 shares
CY2018Q1 bdco Additional Financial Assurance Provided By Bdpl
AdditionalFinancialAssuranceProvidedByBdpl
4800000 USD
CY2022Q1 bdco Trunk Pipeline Federal Waters
TrunkPipelineFederalWaters
70000 USD
CY2022Q1 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
200000 USD
CY2021Q4 us-gaap Administrative Fees Expense
AdministrativeFeesExpense
400000 USD
CY2021Q4 bdco Nps Dispute Payment
NPSDisputePayment
300000 USD
CY2022Q2 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
25244700000 shares
CY2022Q2 bdco Monthly High Cost For Fees
MonthlyHighCostForFees
0.91
CY2022Q1 bdco Allowancefordoubtfulaccountspremiumsandotherreceivables
Allowancefordoubtfulaccountspremiumsandotherreceivables
0 USD

Files In Submission

Name View Source Status
0001654954-22-006985-index-headers.html Edgar Link pending
0001654954-22-006985-index.html Edgar Link pending
0001654954-22-006985.txt Edgar Link pending
0001654954-22-006985-xbrl.zip Edgar Link pending
bdco-20220331.xsd Edgar Link pending
bdco-20220331_cal.xml Edgar Link unprocessable
bdco-20220331_def.xml Edgar Link unprocessable
bdco-20220331_lab.xml Edgar Link unprocessable
bdco-20220331_pre.xml Edgar Link unprocessable
bdco_10q.htm Edgar Link pending
bdco_10qimg27.jpg Edgar Link pending
bdco_10q_htm.xml Edgar Link completed
bdco_ex311.htm Edgar Link pending
bdco_ex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending