| 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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Years Ended December 31, |
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At December 31, |
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2019 |
2018 |
2017 |
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2019 |
2018 |
Stingray Pressure Pumping and Gulfport |
(a) |
$ |
90,357 |
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$ |
96,013 |
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$ |
144,473 |
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$ |
5,950 |
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$ |
8,175 |
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Muskie and Gulfport |
(b) |
27,689 |
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25,050 |
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42,956 |
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1,141 |
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1,193 |
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SR Energy and Gulfport |
(c) |
8,772 |
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14,717 |
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10,129 |
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156 |
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1,658 |
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Aquahawk and Gulfport |
(d) |
828 |
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— |
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— |
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— |
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— |
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Panther and Gulfport |
(e) |
— |
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44 |
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3,253 |
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— |
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— |
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Cementing and Gulfport |
(f) |
— |
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5,853 |
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7,410 |
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— |
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— |
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Cobra Aviation/ARS/Leopard and Brim Equipment |
(g) |
2,093 |
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— |
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— |
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235 |
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— |
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Panther and El Toro |
(h) |
573 |
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918 |
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96 |
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— |
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64 |
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Other Relationships |
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1 |
|
638 |
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703 |
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41 |
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74 |
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$ |
130,313 |
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$ |
143,233 |
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$ |
209,020 |
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$ |
7,523 |
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$ |
11,164 |
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a. |
Stingray 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 for Gulfport. |
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d. |
Aquahawk provides water transfer services for Gulfport pursuant to a master services agreement. |
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e. |
Panther performs drilling services for Gulfport pursuant to a master service agreement. |
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f. |
Cementing performs well cementing services for Gulfport. |
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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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h. |
Panther provides directional drilling services for El Toro, an affiliate of Wexford, pursuant to a master service agreement. |
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COST OF REVENUE |
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ACCOUNTS PAYABLE |
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Years Ended December 31, |
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At December 31, |
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2019 |
2018 |
2017 |
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2019 |
2018 |
Cobra Aviation/ARS/Leopard and Brim Equipment |
(a) |
4,720 |
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— |
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— |
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433 |
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— |
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Cobra and T&E |
(b) |
— |
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4,042 |
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610 |
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— |
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— |
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Higher Power and T&E |
(b) |
— |
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1,603 |
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25 |
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— |
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— |
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Panther and DBDHT |
(c) |
— |
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240 |
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196 |
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240 |
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The Company and 2017 Stingray Companies |
(d) |
— |
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— |
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432 |
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— |
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— |
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Other Relationships |
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50 |
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— |
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145 |
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— |
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— |
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$ |
4,770 |
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$ |
5,885 |
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$ |
1,408 |
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$ |
433 |
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$ |
240 |
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SELLING, GENERAL AND ADMINISTRATIVE COSTS |
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The Company and Wexford |
(e) |
650 |
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992 |
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892 |
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1 |
|
100 |
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The Company and Caliber |
(f) |
785 |
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648 |
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335 |
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7 |
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3 |
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Cobra Aviation/ARS/Leopard and Brim Equipment |
(a) |
233 |
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— |
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— |
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— |
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— |
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Other Relationships |
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179 |
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258 |
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254 |
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9 |
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27 |
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$ |
1,847 |
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$ |
1,898 |
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$ |
1,481 |
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$ |
17 |
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$ |
130 |
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CAPITAL EXPENDITURES |
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Leopard and Brim Equipment |
(a) |
420 |
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— |
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— |
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76 |
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— |
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Cobra and T&E |
(b) |
— |
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1,247 |
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629 |
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— |
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— |
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Higher Power and T&E |
(b) |
— |
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2,960 |
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1,380 |
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— |
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— |
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$ |
420 |
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$ |
4,207 |
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$ |
2,009 |
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$ |
76 |
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$ |
— |
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$ |
526 |
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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. |
Panther rents rotary steerable equipment in connection with its directional drilling services from DBDHT, an affiliate of Wexford. |
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d. |
Prior to the 2017 Stingray Acquisition, the 2017 Stingray Companies provided certain services to the Company and, from time to time, the 2017 Stingray Companies paid for goods and services on behalf of the Company. |
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e. |
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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f. |
The Company leases office space from Caliber, an entity controlled by Wexford. |
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