| Schedule of related party transactions |
Following is a summary of related party transactions (in thousands):
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REVENUES |
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ACCOUNTS RECEIVABLE |
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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At June 30, |
At December 31, |
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2019 |
2018 |
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2019 |
2018 |
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2019 |
2018 |
Pressure Pumping and Gulfport |
(a) |
$ |
33,419 |
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$ |
33,831 |
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$ |
70,829 |
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$ |
72,377 |
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$ |
26,906 |
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$ |
8,175 |
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Muskie and Gulfport |
(b) |
10,861 |
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9,730 |
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23,516 |
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21,192 |
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6,024 |
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1,193 |
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SR Energy and Gulfport |
(c) |
2,733 |
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4,626 |
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8,040 |
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11,579 |
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3,722 |
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1,658 |
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Cementing and Gulfport |
(d) |
— |
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2,048 |
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— |
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4,876 |
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— |
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— |
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Aquahawk and Gulfport |
(e) |
98 |
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— |
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822 |
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— |
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133 |
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— |
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Panther Drilling and El Toro |
(f) |
124 |
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— |
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493 |
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345 |
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124 |
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64 |
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Cobra Aviation/ARS/Leopard and Brim Equipment |
(g) |
448 |
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— |
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711 |
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— |
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441 |
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— |
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Other Relationships |
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15 |
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106 |
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15 |
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522 |
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50 |
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74 |
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$ |
47,698 |
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$ |
50,341 |
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$ |
104,426 |
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$ |
110,891 |
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$ |
37,400 |
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$ |
11,164 |
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a. |
Pressure Pumping provides pressure pumping, stimulation and related completion services to Gulfport. |
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b. |
Muskie has agreed to sell and deliver, and Gulfport has agreed to purchase, specified annual and monthly amounts of natural sand proppant, subject to certain exceptions specified in the agreement, and pay certain costs and expenses. |
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c. |
SR Energy provides rental services to Gulfport. |
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d. |
Cementing performed well cementing services for Gulfport. |
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e. |
Aquahawk provides water transfer services for Gulfport pursuant to a master service agreement. |
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f. |
Panther provides directional drilling services for El Toro, an entity controlled by Wexford, pursuant to a master service agreement. |
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g. |
Cobra Aviation, ARS and Leopard lease helicopters to Brim Equipment pursuant to aircraft lease and management agreements. |
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Three Months Ended June 30, |
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Six Months Ended June 30, |
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At June 30, |
At December 31, |
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2019 |
2018 |
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2019 |
2018 |
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2019 |
2018 |
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COST OF REVENUE |
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COST OF REVENUE |
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ACCOUNTS PAYABLE |
Cobra Aviation/ ARS/Leopard and Brim Equipment |
(a) |
$ |
2,650 |
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$ |
— |
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$ |
3,363 |
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$ |
— |
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$ |
788 |
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$ |
— |
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Cobra and T&E |
(b) |
— |
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1,486 |
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— |
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2,762 |
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— |
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— |
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Higher Power and T&E |
(b) |
— |
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950 |
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— |
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1,458 |
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— |
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— |
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Other |
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— |
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(8 |
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— |
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— |
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— |
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240 |
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$ |
2,650 |
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$ |
2,428 |
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$ |
3,363 |
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$ |
4,220 |
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$ |
788 |
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$ |
240 |
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SELLING, GENERAL AND ADMINISTRATIVE COSTS |
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SELLING, GENERAL AND ADMINISTRATIVE COSTS |
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The Company and Wexford |
(c) |
$ |
206 |
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$ |
290 |
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$ |
442 |
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$ |
473 |
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$ |
42 |
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$ |
100 |
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The Company and Caliber |
(d) |
258 |
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145 |
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388 |
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346 |
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64 |
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3 |
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Cobra Aviation/ ARS/Leopard and Brim Equipment |
(a) |
149 |
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— |
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166 |
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— |
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— |
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— |
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Other |
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46 |
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97 |
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97 |
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142 |
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44 |
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27 |
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$ |
659 |
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$ |
532 |
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$ |
1,093 |
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$ |
961 |
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$ |
150 |
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$ |
130 |
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CAPITAL EXPENDITURES |
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CAPITAL EXPENDITURES |
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Leopard and Brim Equipment |
(a) |
$ |
217 |
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$ |
— |
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$ |
217 |
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$ |
— |
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$ |
82 |
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$ |
— |
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Cobra and T&E |
(b) |
— |
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757 |
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— |
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1,131 |
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— |
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— |
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Higher Power and T&E |
(b) |
— |
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1,575 |
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— |
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2,773 |
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— |
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— |
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$ |
217 |
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$ |
2,332 |
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$ |
217 |
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$ |
3,904 |
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$ |
82 |
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$ |
— |
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$ |
1,020 |
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$ |
370 |
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a. |
Cobra Aviation, ARS and Leopard lease helicopters to Brim Equipment pursuant to aircraft lease and management agreements. |
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b. |
Cobra and Higher Power purchased materials and services from T&E, an entity in which a member of management's family owned a minority interest. T&E ceased to be a related party as of September 30, 2018. |
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c. |
Wexford provides certain administrative and analytical services to the Company and, from time to time, the Company pays for goods and services on behalf of Wexford. |
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d. |
Caliber leases office space to Mammoth. |
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