2021 Q1 Form 10-K Financial Statement

#000160206521000006 Filed on February 25, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 2019 Q4
Revenue $96.98M $250.6M $92.71M
YoY Change 23.23% -15.98% 25.85%
Cost Of Revenue $6.650M $19.80M $6.260M
YoY Change 8.13% 27.24%
Gross Profit $90.33M $230.8M $86.45M
YoY Change 24.51% -22.62% 28.17%
Gross Profit Margin 93.15% 92.09% 93.25%
Selling, General & Admin $2.220M $8.200M $2.270M
YoY Change -16.85% 9.33% 427.91%
% of Gross Profit 2.46% 3.55% 2.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.90M $100.5M $26.80M
YoY Change 1.22% 28.52% 53.14%
% of Gross Profit 27.57% 43.54% 31.0%
Operating Expenses $33.76M $197.7M $29.04M
YoY Change 0.9% 88.76% 61.87%
Operating Profit $63.22M $52.91M $57.41M
YoY Change 39.75% -72.66% 15.95%
Interest Expense -$7.860M -$33.00M -$9.130M
YoY Change -12.31% 56.58% -13.05%
% of Operating Profit -12.43% -62.37% -15.9%
Other Income/Expense, Net -$39.33M -$103.9M $580.0K
YoY Change 47.73% 646.56% 28.89%
Pretax Income $23.89M -$50.95M $48.85M
YoY Change 28.35% -128.36% 23.83%
Income Tax $35.00K $142.5M $326.0K
% Of Pretax Income 0.15% 0.67%
Net Earnings -$3.020M -$192.3M $2.291M
YoY Change -97.88% -515.51% -432.99%
Net Earnings / Revenue -3.11% -76.73% 2.47%
Basic Earnings Per Share
Diluted Earnings Per Share -$46.21K -$2.840M $34.56K
COMMON SHARES
Basic Shares Outstanding 65.29M shares 62.65M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.70M $19.10M $3.600M
YoY Change -70.97% 430.56% -84.14%
Cash & Equivalents $11.73M $19.10M $3.602M
Short-Term Investments
Other Short-Term Assets $505.0K $700.0K $397.0K
YoY Change 51.2% 75.0% 54.47%
Inventory
Prepaid Expenses
Receivables $41.79M $34.20M $58.09M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $59.54M $54.00M $72.66M
YoY Change -24.95% -25.72% 11.37%
LONG-TERM ASSETS
Property, Plant & Equipment $2.380B $2.405B $2.548B
YoY Change -8.02% -5.6% 72.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.018M $2.300M $22.82M
YoY Change -83.75% -98.61% 28.0%
Total Long-Term Assets $2.382B $2.407B $2.713B
YoY Change -8.38% -11.26% 70.75%
TOTAL ASSETS
Total Short-Term Assets $59.54M $54.00M $72.66M
Total Long-Term Assets $2.382B $2.407B $2.713B
Total Assets $2.442B $2.461B $2.786B
YoY Change -8.87% -11.64% 68.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.00K $0.00 $0.00
YoY Change -93.52% -100.0%
Accrued Expenses $19.68M $10.90M $13.28M
YoY Change 18.38% -18.05% 120.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $62.86M $44.90M $13.43M
YoY Change 158.57% 235.07% 123.05%
LONG-TERM LIABILITIES
Long-Term Debt $528.9M $555.6M $586.8M
YoY Change -20.35% -5.32% 42.77%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $528.9M $555.6M $586.8M
YoY Change -20.47% -5.32% 42.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $62.86M $44.90M $13.43M
Total Long-Term Liabilities $528.9M $555.6M $586.8M
Total Liabilities $591.8M $1.826B $600.2M
YoY Change -14.15% -1.53% 43.93%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $613.0M $635.3M $931.1M
YoY Change
Total Liabilities & Shareholders Equity $2.442B $2.461B $2.786B
YoY Change -8.87% -11.64% 68.41%

Cashflow Statement

Concept 2021 Q1 2020 2019 Q4
OPERATING ACTIVITIES
Net Income -$3.020M -$192.3M $2.291M
YoY Change -97.88% -515.51% -432.99%
Depreciation, Depletion And Amortization $24.90M $100.5M $26.80M
YoY Change 1.22% 28.52% 53.14%
Cash From Operating Activities $54.66M $196.6M $72.50M
YoY Change -43.13% -16.96% 6.46%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$100.0K -$16.30M -$203.4M
YoY Change -99.85% -96.93% 95.01%
Cash From Investing Activities -$74.00K -$16.28M -$203.4M
YoY Change -99.89% -96.93% 95.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.04M $24.03M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$61.98M -$164.8M 114.6M
YoY Change -1295.58% -159.95% 172.86%
NET CHANGE
Cash From Operating Activities $54.66M $196.6M 72.50M
Cash From Investing Activities -$74.00K -$16.28M -203.4M
Cash From Financing Activities -$61.98M -$164.8M 114.6M
Net Change In Cash -$7.394M $15.52M -16.30M
YoY Change -120.16% -181.36% -381.03%
FREE CASH FLOW
Cash From Operating Activities $54.66M $196.6M $72.50M
Capital Expenditures $0.00 $0.00
Free Cash Flow $196.6M $72.50M
YoY Change -16.96% 6.46%

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CY2020 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
0 USD
CY2020 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
384000 USD
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
24026000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-193413000 USD
CY2020Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
1860833000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-193413000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
221210000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
262877000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
142466000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-41582000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-72516000 USD
CY2020 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
100501000 USD
CY2019 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
78178000 USD
CY2018 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
58830000 USD
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
69202000 USD
CY2019 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2018 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-63591000 USD
CY2019 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2018 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2020 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-36998000 USD
CY2019 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
0 USD
CY2018 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
0 USD
CY2020 vnom Gain Losson Revaluationof Investments
GainLossonRevaluationofInvestments
8556000 USD
CY2019 vnom Gain Losson Revaluationof Investments
GainLossonRevaluationofInvestments
-4832000 USD
CY2018 vnom Gain Losson Revaluationof Investments
GainLossonRevaluationofInvestments
550000 USD
CY2020 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3589000 USD
CY2019 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
2800000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
3500000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-25879000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19266000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13069000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-8578000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
7087000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-1653000 USD
CY2020 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
5023000 USD
CY2019 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
7091000 USD
CY2018 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
2545000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
418000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-179000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-123000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
196556000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
236691000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
244493000 USD
CY2020 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
65678000 USD
CY2019 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
530572000 USD
CY2018 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
610131000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16283000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
116500000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4687000 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
38594000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
441000 USD
CY2020 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
10801000 USD
CY2019 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
CY2018 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
124000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-530572000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-614253000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
104000000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
590500000 USD
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
691500000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
500000000 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
905000000 USD
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
374000000 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2020 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
19697000 USD
CY2019 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2018 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
111000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10863000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1039000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
CY2019 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
340860000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
305773000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24026000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
45674000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
107074000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
98333000 USD
CY2020 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
62282000 USD
CY2019 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
133211000 USD
CY2018 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
155109000 USD
CY2020 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-464000 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-405000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-553000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-164754000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
274807000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
368239000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
15519000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-19074000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1521000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3602000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22676000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24197000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19121000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3602000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22676000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
33121000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
13803000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
12438000 USD
CY2020 vnom Units Issuedforthe Drop Down Transaction
UnitsIssuedfortheDropDownTransaction
0 USD
CY2019 vnom Units Issuedforthe Drop Down Transaction
UnitsIssuedfortheDropDownTransaction
497162000 USD
CY2018 vnom Units Issuedforthe Drop Down Transaction
UnitsIssuedfortheDropDownTransaction
0 USD
CY2020 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
CY2019 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
124012000 USD
CY2018 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts included in or affecting the Partnership’s financial statements and related disclosures must be estimated by management, requiring certain assumptions to be made with respect to values or conditions that cannot be known with certainty at the time the financial statements are prepared. These estimates and assumptions affect the amounts the Partnership reports for assets and liabilities and the Partnership’s disclosure of contingent assets and liabilities at the date of the financial statements. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Making accurate estimates and assumptions is particularly difficult as the oil and natural gas industry experiences challenges resulting from negative pricing pressure from the effects of COVID-19 and actions by OPEC members and other exporting nations on the supply and demand in global oil and natural gas markets. Many companies in the oil and natural gas industry have changed near term business plans in response to changing market conditions. The aforementioned circumstances generally increase uncertainty in the Partnership’s accounting estimates, particularly those involving financial forecasts. </span></div><div style="text-align:justify;text-indent:36pt"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Partnership evaluates these estimates on an ongoing basis, using historical experience, consultation with experts and other methods the Partnership considers reasonable in the particular circumstances. Nevertheless, actual results may differ significantly from the Partnership’s estimates. Any effects on the Partnership’s business, financial position or results of operations resulting from revisions to these estimates are recorded in the period in which the facts that give rise to the revision become known. Significant items subject to such estimates and assumptions include, but are not limited to, estimates of proved oil and natural gas reserves and related present value estimates of future net cash flows therefrom, the carrying value of oil and natural gas properties, the recoverability of costs of unevaluated properties, the fair value determination of assets and liabilities, fair value estimates of commodity derivatives and estimate of income taxes.</span></div>
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 USD
CY2018Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
2200000 USD
CY2020 vnom Average Depletion Rate Per Barrelof Oil Equivalents
AverageDepletionRatePerBarrelofOilEquivalents
10.34
CY2019 vnom Average Depletion Rate Per Barrelof Oil Equivalents
AverageDepletionRatePerBarrelofOilEquivalents
9.95
CY2018 vnom Average Depletion Rate Per Barrelof Oil Equivalents
AverageDepletionRatePerBarrelofOilEquivalents
9.33
CY2020 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
100500000 USD
CY2019 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
78200000 USD
CY2018 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
58800000 USD
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
69200000 USD
CY2018 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2019 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2020Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
6700000 USD
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
6600000 USD
CY2018Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
5500000 USD
CY2020Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
4400000 USD
CY2019Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
3100000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4311000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
6718000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6501000 USD
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
5632000 USD
CY2020Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
7392000 USD
CY2019Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
0 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
58000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
932000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18262000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13282000 USD
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations </span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Partnership is subject to risk resulting from the concentration of the Partnership’s royalty interest revenues in producing oil and natural gas properties and receivables with several significant purchasers. For the year ended December 31, 2020, four purchasers each accounted for more than 10% of royalty interest revenue: Trafigura Trading LLC (23%), Vitol Midstream Pipeline LLC (14%), Shell Trading (US) Company (“Shell Trading”) (13%), and Concho Resources (11%). For the year ended December 31, 2019, three purchasers each accounted for more than 10% of royalty interest revenue: Trafigura Trading LLC (27%), Concho Resources, Inc. (16%) and Shell Trading (12%). For the year ended December 31, 2018, three purchasers each accounted for more than 10% of royalty interest revenue: Shell Trading (31%), Concho Resources (16%), and Trafigura Trading LLC (11%). The Partnership does not require collateral and does not believe the loss of any single purchaser would materially impact the Partnership’s operating results, as crude oil and natural gas are fungible products with well-established markets and numerous purchasers.</span></div>
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
246981000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
293811000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
282661000 USD
CY2020 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
10800000 USD
CY2018 vnom Mineral Properties Acquired Net Royalty Acres
MineralPropertiesAcquiredNetRoyaltyAcres
3585 acre
CY2018 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
440400000 USD
CY2020Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1530636000 USD
CY2019Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1316692000 USD
CY2020Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1364906000 USD
CY2019Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1551767000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
2895542000 USD
CY2019Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
2868459000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
496176000 USD
CY2019Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
326474000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2399366000 USD
CY2019Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2541985000 USD
CY2020Q4 us-gaap Land
Land
5688000 USD
CY2019Q4 us-gaap Land
Land
5688000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2405054000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2547673000 USD
CY2020 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
55041000 USD
CY2019 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
827680000 USD
CY2018 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
451309000 USD
CY2017 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
30876000 USD
CY2020Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1364906000 USD
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
69200000 USD
CY2018 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2019 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2058000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2458000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
6236000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
7268000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
555644000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
586774000 USD
CY2019 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
4000000.0 USD
CY2018 us-gaap Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
24400000 USD
CY2020 vnom Dedication Period Remaining
DedicationPeriodRemaining
P4Y
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-192304000 USD
CY2020 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
67686000 shares
CY2019 us-gaap Net Income Loss
NetIncomeLoss
46281000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
143958000 USD
CY2020 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
44000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
117000 USD
CY2018 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
130000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-192348000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46164000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
143828000 USD
CY2019 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
61744000 shares
CY2018 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
71546000 shares
CY2020 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
0 shares
CY2019 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
43000 shares
CY2018 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
80000 shares
CY2020 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
67686000 shares
CY2019 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
61787000 shares
CY2018 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
71626000 shares
CY2020 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-2.84
CY2019 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.75
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IncomeTaxExpenseBenefit
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37722000 USD
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IncomeTaxReconciliationTaxExemptIncome
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IncomeTaxReconciliationTaxExemptIncome
0 USD
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IncomeTaxReconciliationTaxExemptIncome
14279000 USD
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IncomeTaxReconciliationMinorityInterestIncomeExpense
-233000 USD
CY2019 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
36735000 USD
CY2018 us-gaap Income Tax Reconciliation Minority Interest Income Expense
IncomeTaxReconciliationMinorityInterestIncomeExpense
24973000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0 USD
CY2020 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
34000 USD
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OtherTaxExpenseBenefit
-145000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 USD
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
119000 USD
CY2020 vnom Discreteincometaxbenefitrelatedtodeferredtaxesrecordedduringtheperiod
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0 USD
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42424000 USD
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72787000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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152898000 USD
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0 USD
CY2018 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
142466000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
237000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
10477000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
7958000 USD
CY2020Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
150127000 USD
CY2019Q4 us-gaap Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
134272000 USD
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0 USD
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DeferredTaxAssetsGross
160604000 USD
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DeferredTaxAssetsGross
142467000 USD
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160604000 USD
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142466000 USD
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0 USD
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CashReceiptsFromPaymentsOnDerivativesNet
-36998000 USD
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DeferredTaxAssetsLiabilitiesNet
142466000 USD
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0 USD
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DeferredTaxAssetsNet
142500000 USD
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DeferredIncomeTaxLiabilities
0 USD
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DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
49900000 USD
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160600000 USD
CY2019 vnom Discreteincometaxbenefitrelatedtodeferredtaxesrecordedduringtheperiod
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42400000 USD
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CurrentStateAndLocalTaxExpenseBenefit
0 USD
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CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-63591000 USD
CY2020Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1530636000 USD
CY2019Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1316692000 USD
CY2020Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
1364906000 USD
CY2019Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
1551767000 USD
CY2020Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
2895542000 USD
CY2019Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
2868459000 USD
CY2020Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
496176000 USD
CY2019Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
326474000 USD
CY2020Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2399366000 USD
CY2019Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2541985000 USD
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
56169000 USD
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
833221000 USD
CY2019 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-5337000 Boe
CY2019 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
21914000 Boe
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
1151746000 USD
CY2018 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
613257000 USD
CY2020 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
689000 Boe
CY2019 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
17091000 Boe
CY2018 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
497766000 USD
CY2020 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
9509000 USD
CY2019 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
318525000 USD
CY2018 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
115491000 USD
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
65678000 USD
CY2020 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
23836000 Boe
CY2020 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
652 well
CY2020 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
299 well
CY2020 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-4082000 Boe
CY2020 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Reclassification Of Non Operated Properties
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToReclassificationOfNonOperatedProperties
114000 Boe
CY2020 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Reclassification Of Development Plan And Optimization Of Inventory
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToReclassificationOfDevelopmentPlanAndOptimizationOfInventory
804000 Boe
CY2019 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
829 well
CY2019 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
97 well
CY2018 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
19549000 Boe
CY2018 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
133 well
CY2018 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
138 well
CY2018 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
2342000 Boe
CY2018 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
9305000 Boe
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
2460052000 USD
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
3218257000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
2962386000 USD
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
181067000 USD
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
237181000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
200079000 USD
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
22993000 USD
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
150373000 USD
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1023594000 USD
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1318388000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
273643000 USD
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
2255992000 USD
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
2830703000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
2488664000 USD
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1232398000 USD
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1512315000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1349282000 USD
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1318388000 USD
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1139382000 USD
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1139382000 USD
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
625348000 USD
CY2020 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
10781000 USD
CY2019 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
339814000 USD
CY2018 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
180990000 USD
CY2020 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
3481000 USD
CY2019 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
0 USD
CY2018 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
0 USD
CY2020 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
227137000 USD
CY2019 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
274735000 USD
CY2018 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
266055000 USD
CY2020 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
280486000 USD
CY2019 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
330097000 USD
CY2018 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
423540000 USD
CY2020 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-465582000 USD
CY2019 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-301182000 USD
CY2018 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
187592000 USD
CY2020 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-87614000 USD
CY2019 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-114409000 USD
CY2018 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
52487000 USD
CY2020 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
59754000 USD
CY2019 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
56502000 USD
CY2018 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-123804000 USD
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
138901000 USD
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
126650000 USD
CY2018 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
62867000 USD
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-902000 USD
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
16269000 USD
CY2018 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-3583000 USD
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1023594000 USD
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1318388000 USD
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1139382000 USD

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