$VNOM
Viper Energy Inc

2022 Q1 Form 10-K Financial Statement

#000160206522000008 Filed on February 24, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 2020 Q4
Revenue $201.9M $504.9M $76.32M
YoY Change 108.2% 101.46% -17.68%
Cost Of Revenue $13.87M $32.56M $5.540M
YoY Change 108.57% 64.43% -11.5%
Gross Profit $188.0M $472.4M $70.79M
YoY Change 108.16% 104.66% -18.11%
Gross Profit Margin 93.13% 93.55% 92.75%
Selling, General & Admin $1.953M $7.800M $2.010M
YoY Change -12.03% -4.88% -11.45%
% of Gross Profit 1.04% 1.65% 2.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $27.41M $103.0M $28.30M
YoY Change 10.08% 2.47% 5.6%
% of Gross Profit 14.58% 21.8% 39.98%
Operating Expenses $43.23M $143.3M $30.30M
YoY Change 28.08% -27.5% 4.34%
Operating Profit $158.7M $361.6M $40.49M
YoY Change 150.98% 583.32% -29.47%
Interest Expense -$9.645M -$34.04M -$24.15M
YoY Change 22.71% 3.16% 164.51%
% of Operating Profit -6.08% -9.42% -59.64%
Other Income/Expense, Net -$28.00M -$103.4M $180.0K
YoY Change -28.81% -0.47% -68.97%
Pretax Income $130.7M $258.2M -$52.69M
YoY Change 446.88% -606.8% -207.86%
Income Tax $2.630M $1.521M $0.00
% Of Pretax Income 2.01% 0.59%
Net Earnings $16.61M $57.94M -$27.62M
YoY Change -649.83% -130.13% -1305.59%
Net Earnings / Revenue 8.22% 11.47% -36.19%
Basic Earnings Per Share $0.85
Diluted Earnings Per Share $215.1K $847.2K -$410.7K
COMMON SHARES
Basic Shares Outstanding 76.97M shares 68.32M shares 67.86M shares
Diluted Shares Outstanding 68.39M shares

Balance Sheet

Concept 2022 Q1 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $33.07M $39.45M $19.10M
YoY Change 182.62% 106.53% 430.56%
Cash & Equivalents $33.07M $39.45M $19.12M
Short-Term Investments
Other Short-Term Assets $944.0K $989.0K $665.0K
YoY Change 86.93% 41.29% 67.51%
Inventory
Prepaid Expenses
Receivables $98.50M $70.71M $32.21M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $136.7M $111.1M $53.99M
YoY Change 129.58% 105.83% -25.69%
LONG-TERM ASSETS
Property, Plant & Equipment $2.861B $2.920B $2.405B
YoY Change 20.19% 21.41% -5.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.931M $2.757M $2.327M
YoY Change -4.31% 19.87% -89.8%
Total Long-Term Assets $2.864B $2.923B $2.407B
YoY Change 20.24% 21.41% -11.26%
TOTAL ASSETS
Total Short-Term Assets $136.7M $111.1M $53.99M
Total Long-Term Assets $2.864B $2.923B $2.407B
Total Assets $3.001B $3.034B $2.461B
YoY Change 22.9% 23.26% -11.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.00K $69.00K $43.00K
YoY Change -33.33%
Accrued Expenses $23.87M $12.10M $18.26M
YoY Change 21.31% 11.02% 37.49%
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 $37.10M $24.47M $44.90M
YoY Change -40.97% -45.51% 234.26%
LONG-TERM LIABILITIES
Long-Term Debt $721.0M $776.7M $555.6M
YoY Change 36.32% 39.8% -5.32%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $721.0M $776.7M $555.6M
YoY Change 36.32% 39.8% -5.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.10M $24.47M $44.90M
Total Long-Term Liabilities $721.0M $776.7M $555.6M
Total Liabilities $758.1M $2.219B $600.5M
YoY Change 28.11% 21.53% 0.06%
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 $770.4M $814.8M $635.3M
YoY Change
Total Liabilities & Shareholders Equity $3.001B $3.034B $2.461B
YoY Change 22.9% 23.26% -11.64%

Cashflow Statement

Concept 2022 Q1 2021 2020 Q4
OPERATING ACTIVITIES
Net Income $16.61M $57.94M -$27.62M
YoY Change -649.83% -130.13% -1305.59%
Depreciation, Depletion And Amortization $27.41M $103.0M $28.30M
YoY Change 10.08% 2.47% 5.6%
Cash From Operating Activities $135.8M $307.1M $53.40M
YoY Change 148.52% 56.25% -26.34%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $31.96M -$281.2M $40.80M
YoY Change -32057.0% 1625.01% -120.06%
Cash From Investing Activities $31.96M -$281.2M $40.80M
YoY Change -43285.14% 1626.81% -120.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $39.26M $46.00M
YoY Change 201.0% 91.46%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$174.2M -$5.611M -82.50M
YoY Change 181.03% -96.59% -171.99%
NET CHANGE
Cash From Operating Activities $135.8M $307.1M 53.40M
Cash From Investing Activities $31.96M -$281.2M 40.80M
Cash From Financing Activities -$174.2M -$5.611M -82.50M
Net Change In Cash -$6.382M $20.33M 11.70M
YoY Change -13.69% 30.98% -171.78%
FREE CASH FLOW
Cash From Operating Activities $135.8M $307.1M $53.40M
Capital Expenditures $0.00
Free Cash Flow $53.40M
YoY Change -26.34%

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CY2021 us-gaap Profit Loss
ProfitLoss
256677000 USD
CY2021Q4 us-gaap Partners Capital Including Portion Attributable To Noncontrolling Interest
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest
2232828000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
256677000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
-193413000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
221210000 USD
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
142466000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-41582000 USD
CY2021 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
102987000 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
CY2021 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 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
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-69409000 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
CY2021 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-92585000 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
CY2021 vnom Gain Loss On Revaluation Of Investments
GainLossOnRevaluationOfInvestments
0 USD
CY2020 vnom Gain Loss On Revaluation Of Investments
GainLossOnRevaluationOfInvestments
8556000 USD
CY2019 vnom Gain Loss On Revaluation Of Investments
GainLossOnRevaluationOfInvestments
-4832000 USD
CY2021 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
4710000 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
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
36358000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-25879000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
19266000 USD
CY2021 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
146000 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
CY2021 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-2420000 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4605000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-7270000 USD
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
307114000 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
CY2021 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
281176000 USD
CY2020 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
65678000 USD
CY2019 us-gaap Payments To Acquire Mineral Rights
PaymentsToAcquireMineralRights
530572000 USD
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 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
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-281176000 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
CY2021 us-gaap Proceeds From Sale Of Other Assets Investing Activities
ProceedsFromSaleOfOtherAssetsInvestingActivities
0 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16283000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-530572000 USD
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
330000000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
104000000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
590500000 USD
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
110000000 USD
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
116500000 USD
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
905000000 USD
CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
500000000 USD
CY2021 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2020 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
19697000 USD
CY2019 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2885000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
111000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10863000 USD
CY2021 us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 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
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
45999000 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
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
75942000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
45674000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
107074000 USD
CY2021 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
100685000 USD
CY2020 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
62282000 USD
CY2019 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
133211000 USD
CY2021 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-100000 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
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5611000 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
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
20327000 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
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
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39448000 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
CY2021 us-gaap Interest Paid Net
InterestPaidNet
30784000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
33121000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
13803000 USD
CY2021 vnom Units Issued For The Drop Down Transaction
UnitsIssuedForTheDropDownTransaction
0 USD
CY2020 vnom Units Issued For The Drop Down Transaction
UnitsIssuedForTheDropDownTransaction
0 USD
CY2019 vnom Units Issued For The Drop Down Transaction
UnitsIssuedForTheDropDownTransaction
497162000 USD
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
336872000 USD
CY2020 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
0 USD
CY2019 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
124012000 USD
CY2021 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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%">Reclassifications</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 prior period amounts have been reclassified to conform to the current period financial statement presentation. These reclassifications had no effect on the previously reported total assets, total liabilities, unitholders’ equity, results of operations or cash flows.</span></div>
CY2021 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 as of 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 in the oil and natural gas industry given the challenges resulting from volatility in oil and natural gas prices. For instance, in 2020, 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 resulted in significant negative pricing pressure in the first half of 2020, followed by a recovery in pricing and an increase in demand in the second half of 2020 and into 2021. However, the COVID-19 Delta variant emerged in March 2021 and became highly transmissible in July 2021, and the Omicron variant emerged in November 2021, which contributed to additional pricing volatility during the fourth quarter of 2021. The financial results of companies in the oil and natural gas industry have been impacted materially as a result of changing market conditions. Such 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, including those acquired by the Partnership, fair value estimates of commodity derivatives and estimates of income taxes.</span></div>
CY2021 vnom Average Depletion Rate Per Barrel Of Oil Equivalents
AverageDepletionRatePerBarrelOfOilEquivalents
10.04
CY2020 vnom Average Depletion Rate Per Barrel Of Oil Equivalents
AverageDepletionRatePerBarrelOfOilEquivalents
10.34
CY2020 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
100500000 USD
CY2019 vnom Average Depletion Rate Per Barrel Of Oil Equivalents
AverageDepletionRatePerBarrelOfOilEquivalents
9.95
CY2021 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
103000000 USD
CY2019 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
78200000 USD
CY2021Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
9600000 USD
CY2020Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
6700000 USD
CY2021Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
6800000 USD
CY2020Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
4400000 USD
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4430000 USD
CY2020Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4311000 USD
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6201000 USD
CY2020Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
6501000 USD
CY2021Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
8879000 USD
CY2020Q4 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
7392000 USD
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
1470000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
58000 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20980000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
18262000 USD
CY2021 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 revenue in producing oil and natural gas properties and receivables with several significant purchasers. For the year ended December 31, 2021, three purchasers each accounted for more than 10% of royalty interest revenue: Trafigura Trading LLC (17%), Shell Trading (US) Company (“Shell Trading”) (16%) and Vitol Midstream Pipeline LLC (12%). 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 (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 (16%) and Shell Trading (12%). 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
CY2021 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
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
501534000 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
CY2020 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
10800000 USD
CY2021Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1873418000 USD
CY2020Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1530636000 USD
CY2021Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1640172000 USD
CY2020Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1364906000 USD
CY2021Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
3513590000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
2895542000 USD
CY2021Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
599163000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
496176000 USD
CY2021Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2914427000 USD
CY2020Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2399366000 USD
CY2021Q4 us-gaap Land
Land
5688000 USD
CY2020Q4 us-gaap Land
Land
5688000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2920115000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2405054000 USD
CY2021 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
478747000 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
278704000 USD
CY2021Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
1640172000 USD
CY2021Q4 vnom Mineral Properties Net Royalty Acres
MineralPropertiesNetRoyaltyAcres
27027 acre
CY2020Q4 vnom Mineral Properties Net Royalty Acres
MineralPropertiesNetRoyaltyAcres
24350 acre
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
69200000 USD
CY2021Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1757000 USD
CY2020Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
2058000 USD
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
5454000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
6236000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
776727000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
555644000 USD
CY2021 vnom Special Allocation Shortened Period
SpecialAllocationShortenedPeriod
P1Y
CY2021 us-gaap Net Income Loss
NetIncomeLoss
57939000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-192304000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
46281000 USD
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-193000 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
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
58132000 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
CY2021 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
68319000 shares
CY2020 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
67686000 shares
CY2019 us-gaap Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
61744000 shares
CY2021 us-gaap Weighted Average Numer Diluted Limited Partnership Units Outstanding Adjustment
WeightedAverageNumerDilutedLimitedPartnershipUnitsOutstandingAdjustment
72000 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
CY2021 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
68391000 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
CY2021 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.85
CY2020 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-2.84
CY2020 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
-2.84
CY2019 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
0.75
CY2021 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.85
CY2019 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
0.75
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10160 shares
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1218000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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IncomeTaxReconciliationMinorityInterestIncomeExpense
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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OtherTaxExpenseBenefit
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CY2020 us-gaap Other Tax Expense Benefit
OtherTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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IncomeTaxExpenseBenefit
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DeferredTaxAssetsOperatingLossCarryforwards
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DeferredTaxAssetsInvestments
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DeferredTaxAssetsGross
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DeferredTaxAssetsGross
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DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
28600000 USD
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DeferredTaxAssetsValuationAllowance
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CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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DerivativeGainLossOnDerivativeNet
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DerivativeGainLossOnDerivativeNet
-63591000 USD
CY2021 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
-92585000 USD
CY2020 vnom Cash Receipts From Payments On Derivatives Net
CashReceiptsFromPaymentsOnDerivativesNet
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CY2021Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1873418000 USD
CY2020Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
1530636000 USD
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CapitalizedCostsUnprovedProperties
1640172000 USD
CY2020Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
1364906000 USD
CY2021Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
3513590000 USD
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CapitalizedCostsOilAndGasProducingActivitiesGross
2895542000 USD
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CapitalizedCostsOilAndGasProducingActivitiesNet
2399366000 USD
CY2021Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
599163000 USD
CY2020Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
496176000 USD
CY2021Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2914427000 USD
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
138882000 USD
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CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
9509000 USD
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CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
318525000 USD
CY2021 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
479041000 USD
CY2020 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
56169000 USD
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CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
833221000 USD
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
617923000 USD
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
65678000 USD
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
1151746000 USD
CY2020 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
652 well
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
30981000 Boe
CY2021 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
407 well
CY2021 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
336 well
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-918000 Boe
CY2021 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Positive Revisions
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToPositiveRevisions
11263000 Boe
CY2021 vnom Proved Developed And Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease Due To Price And Performance Revision
ProvedDevelopedAndUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecreaseDueToPriceAndPerformanceRevision
10345000 Boe
CY2021 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
9102000 Boe
CY2020 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
23836000 Boe
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
114 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
804 Boe
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
CY2019 srt Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
829 well
CY2019 vnom Proved Undeveloped Reserves Numberof Wells Added
ProvedUndevelopedReservesNumberofWellsAdded
97 well
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
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
5763433000 USD
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
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
416761000 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
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
572991000 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
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
4773681000 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
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
2680564000 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
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2093117000 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
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
CY2021 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
170205000 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
CY2021 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
4402000 USD
CY2020 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
3481000 USD
CY2019 vnom Decrease Due To Divestitures Of Reserves
DecreaseDueToDivestituresOfReserves
0 USD
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
468976000 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
CY2021 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
615762000 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
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
863458000 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
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
45788000 USD
CY2020 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-87614000 USD
CY2019 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-114409000 USD
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-243186000 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
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
103446000 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
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-12572000 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
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2093117000 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

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