| 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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2018 |
2017 |
2016 |
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2018 |
2017 |
Pressure Pumping and Gulfport |
(a) |
$ |
96,013 |
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$ |
144,473 |
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$ |
102,390 |
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$ |
8,175 |
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$ |
25,054 |
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Muskie and Gulfport |
(b) |
25,050 |
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42,956 |
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25,783 |
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1,193 |
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1,947 |
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Panther and Gulfport |
(c) |
44 |
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3,253 |
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3,011 |
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— |
|
872 |
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Cementing and Gulfport |
(d) |
5,853 |
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7,410 |
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— |
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— |
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2,255 |
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SR Energy and Gulfport |
(e) |
14,717 |
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10,129 |
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— |
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1,658 |
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3,348 |
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Panther and El Toro |
(f) |
918 |
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96 |
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172 |
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64 |
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— |
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Redback Energy and El Toro |
(g) |
92 |
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216 |
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530 |
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— |
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— |
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Coil Tubing and El Toro |
(h) |
514 |
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161 |
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319 |
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— |
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— |
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Other Relationships |
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32 |
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326 |
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725 |
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74 |
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312 |
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$ |
143,233 |
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$ |
209,020 |
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$ |
132,930 |
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$ |
11,164 |
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$ |
33,788 |
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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. |
Panther performs drilling services for Gulfport pursuant to a master service agreement. |
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d. |
Cementing performs well cementing services for Gulfport. |
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e. |
SR Energy provides rental services for Gulfport. |
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f. |
Panther provides directional drilling services for El Toro, an affiliate of Wexford, pursuant to a master service agreement. |
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g. |
Redback Energy performs completion and production services for El Toro pursuant to a master service agreement. |
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h. |
Coil Tubing provides El Toro services in connection with completion activities. |
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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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2018 |
2017 |
2016 |
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2018 |
2017 |
Cobra and T&E |
(a) |
4,042 |
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610 |
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— |
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— |
|
457 |
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Higher Power and T&E |
(a) |
1,603 |
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25 |
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— |
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— |
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3 |
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Panther and DBDHT |
(b) |
240 |
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196 |
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49 |
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240 |
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77 |
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The Company and 2017 Stingray Companies |
(c) |
— |
|
432 |
|
724 |
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— |
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— |
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Other Relationships |
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— |
|
145 |
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293 |
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— |
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218 |
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$ |
5,885 |
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$ |
1,408 |
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$ |
1,066 |
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$ |
240 |
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$ |
755 |
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SELLING, GENERAL AND ADMINISTRATIVE COSTS |
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Consolidated and Everest |
(d) |
$ |
145 |
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$ |
175 |
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$ |
262 |
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$ |
27 |
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$ |
19 |
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Consolidated and Wexford |
(e) |
992 |
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892 |
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394 |
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|
100 |
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150 |
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Mammoth and Caliber |
(f) |
648 |
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335 |
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— |
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3 |
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1 |
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Other Relationships |
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113 |
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79 |
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102 |
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— |
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2 |
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$ |
1,898 |
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$ |
1,481 |
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$ |
758 |
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$ |
130 |
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$ |
172 |
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CAPITAL EXPENDITURES |
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Cobra and T&E |
(a) |
1,247 |
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629 |
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— |
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— |
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66 |
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Higher Power and T&E |
(a) |
2,960 |
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1,380 |
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— |
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— |
|
385 |
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$ |
4,207 |
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$ |
2,009 |
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$ |
— |
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$ |
— |
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$ |
451 |
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$ |
370 |
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$ |
1,378 |
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a. |
Cobra, Higher Power and Cobra Logistics purchase 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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b. |
Panther rents rotary steerable equipment in connection with its directional drilling services from DBDHT, an affiliate of Wexford. |
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c. |
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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d. |
Everest, a subsidiary of Wexford, has historically provided office space and certain technical, administrative and payroll services to the Company and the Company has reimbursed Everest in amounts determined by Everest based on estimates of the amount of office space provided and the amount of employees’ time spent performing services for 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. |
Mammoth leases office space from Caliber, an entity controlled by Wexford. |
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