Mammoth Energy Services, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Related Party Transactions (Tables)

Related Party Transactions (Tables)

12 Months Ended

Dec. 31, 2021

Following is a summary of related party transactions (in thousands):


		Years Ended December 31,						At December 31,
		2021		2020		2019		2021		2020
		REVENUES						ACCOUNTS RECEIVABLE
Stingray Pressure Pumping and Gulfport	(a)	$	14,812	$	42,460	$	90,357	$	—	$	25,429
Muskie and Gulfport	(b)	2,145		7,500		27,689		—		1,127
SR Energy and Gulfport	(c)	—		113		8,772		—		8
Aquahawk and Gulfport	(d)	—		—		828		—		—
Cobra Aviation/ARS/Leopard and Brim Equipment	(e)	371		446		2,093		85		44
Panther and El Toro	(f)	599		38		573		—		—
Other Relationships		12		34		1		3		9
		$	17,939	$	50,591	$	130,313	$	88	$	26,617

		OTHER						ACCOUNTS RECEIVABLE
Stingray Pressure Pumping and Gulfport	(a)	$	514	$	1,887	$	—	$	—	$	1,841
Muskie and Gulfport	(b)	1		3		—		—		3
		$	515	$	1,890	$	—	$	—	$	1,844
								$	88	$	28,461

a.Stingray Pressure Pumping provided pressure pumping, stimulation and related completion services to Gulfport. Other amount represents interest charged on delinquent accounts receivable related to these services. On June 29, 2021, Gulfport ceased to be a related party. See Note 3.

b.Muskie 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. Other amount represents interest charged on delinquent accounts receivable related to this agreement. On June 29, 2021, Gulfport ceased to be a related party. See Note 3.

c.SR Energy provided rental services for Gulfport. On June 29, 2021, Gulfport ceased to be a related party.

d.Aquahawk provided water transfer services for Gulfport pursuant to a master services agreement.

e.Cobra Aviation, ARS and Leopard lease helicopters to Brim Equipment pursuant to aircraft lease and management agreements.

f.Panther provides directional drilling services for El Toro, an affiliate of Wexford, pursuant to a master service agreement.


		COST OF REVENUE						ACCOUNTS PAYABLE
		Years Ended December 31,						At December 31,
		2021		2020		2019		2021		2020
Cobra Aviation/ARS/Leopard and Brim Equipment	(a)	73		72		4,720		5		1
The Company and Caliber	(b)	351		248		—		—		—
Other Relationships		107		98		50		—		—
		$	531	$	418	$	4,770	$	5	$	1

		SELLING, GENERAL AND ADMINISTRATIVE COSTS
The Company and Wexford	(c)	5		3		650		—		2
The Company and Caliber	(b)	374		774		785		—		—
Cobra Aviation/ARS/Leopard and Brim Equipment	(a)	—		—		233				—
Other Relationships		8		(19)		179		—		—
		$	387	$	758	$	1,847	$	—	$	2

		CAPITAL EXPENDITURES
Leopard and Brim Equipment	(a)	—		—		420		—		—
		$	—	$	—	$	420	$	—	$	—
								$	5	$	3

a.Cobra Aviation, ARS and Leopard lease helicopters to Brim Equipment pursuant to aircraft lease and management agreements.

b.Caliber, an entity controlled by Wexford, leases office space to the Company.

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.