Evolve Transition Infrastructure (SNMP) 10-Q 10 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Aug. 10, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-33147
Entity Registrant Name	Evolve Transition Infrastructure LP
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	11-3742489
Entity Address, Address Line One	1360 Post Oak Blvd, Suite 2400
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77056
City Area Code	713
Local Phone Number	783-8000
Title of 12(b) Security	Common Units
Trading Symbol	SNMP
Security Exchange Name	NYSEAMER
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		173,672,912
Entity Central Index Key	0001362705
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Revenues
Gathering and transportation lease revenues	$ 7,330	$ 9,142	$ 22,430	$ 18,436
Total revenues	7,330	9,142	22,430	18,436
Operating expenses
Transportation operating expenses	2,530	2,097	4,637	4,357
General and administrative expenses	1,828	2,574	4,208	9,507
Unit-based compensation expense	0	206	53	543
Loss on sale of assets	2,200	0	4,408	0
Depreciation and amortization	4,495	5,143	9,634	10,287
Accretion expense	104	96	206	189
Total operating expenses	11,157	10,116	23,146	24,883
Other (income) expense
Interest expense, net	14,572	27,938	30,083	58,385
Loss (earnings) from equity investment	(1,920)	271	(5,311)	(328)
Other (income) expense	85	(801)	742	(801)
Total other expenses	12,737	27,408	25,514	57,256
Total expenses	23,894	37,524	48,660	82,139
Loss before income taxes	(16,564)	(28,382)	(26,230)	(63,703)
Income tax expense (benefit)	6	(29)	72	3
Loss from continuing operations	(16,570)	(28,353)	(26,302)	(63,706)
Income from discontinued operations	0	557	0	1,105
Net loss	$ (16,570)	$ (27,796)	$ (26,302)	$ (62,601)
Net loss per unit
Common units - Basic and Diluted (in dollars per share)	$ (0.12)	$ (0.41)	$ (0.20)	$ (1.18)
Weighted Average Units Outstanding
Common Units - Basic and Diluted (in units)	142,007,158	66,913,613	129,294,271	52,994,963

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 2,417	$ 1,675
Accounts receivable	2,631	19,466
Prepaid expenses	716	629
Fair value of warrants	0	664
Deferred lease incentive	1,104	0
Total current assets	6,868	22,434
Gathering and transportation assets, net	90,121	98,235
Intangible assets, net	112,227	118,329
Equity investments	16,031	20,198
Deferred lease incentive, net	10,391	0
Right of use assets, net	5,812	1,428
Other non-current assets	75	75
Total assets	241,525	260,699
Current liabilities
Accounts payable and accrued liabilities	2,804	3,225
Accounts payable and accrued liabilities - related entities	14,413	12,869
Royalties payable	359	359
Short-term debt, net of debt issuance costs	6,819	8,841
Class C Preferred Units	397,387	397,387
Short-term lease liabilities	1,852	391
Current liabilities from discontinued operations	79	79
Total current liabilities	423,713	423,151
Other liabilities
Long term accrued liabilities - related entities	8,622	10,215
Asset retirement obligation	4,906	4,700
Long-term debt, net of discount and debt issuance costs	17,729	39,488
Long-term lease liabilities	2,979	782
Other liabilities	7,676	7,483
Total other liabilities	41,912	62,668
Total liabilities	465,625	485,819
Commitments and contingencies (See Note 12)
Partners’ deficit
Common units, 173,672,912 and 124,448,646 units issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	(224,100)	(225,120)
Total partners’ deficit	(224,100)	(225,120)
Total liabilities and partners’ deficit	$ 241,525	$ 260,699

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - shares	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Units, issued (in units)	173,672,912	124,448,646
Units, outstanding (in units)	173,672,912	124,448,646

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net loss	$ (26,302)	$ (62,601)
Adjustments to reconcile net loss to cash provided by operating activities:
Depreciation, depletion and amortization	3,531	3,998
Amortization of debt issuance costs	249	491
Accretion of Class C discount	0	24,184
Accretion expense	206	262
Distributions from equity investments	9,478	11,946
Equity earnings in affiliate	(5,311)	(328)
Bad debt expense	0	(1,926)
(Gain) loss on sale of assets	4,408	(334)
Mark-to-market on Stonepeak Warrant	224	6,289
Net cash settlements received on commodity derivative contracts	0	101
(Gain) loss on Nuvve Holding Warrants	664	(764)
Unit-based compensation	76	2,085
Amortization of deferred lease incentive	94	0
Amortization of intangible assets	6,102	6,728
Changes in operating assets and liabilities:
Accounts receivable	5,245	2,914
Prepaid expenses	(87)	(242)
Other assets	0	54
Accounts payable and accrued liabilities	26,776	27,426
Other long-term liabilities	(30)	354
Net cash provided by operating activities	25,323	20,637
Cash flows from investing activities:
Initial direct costs of right of use assets	(900)	0
Proceeds from sales of oil and natural gas properties	0	15,690
Proceeds from sale of gathering and transportation assets	500	0
Construction of gathering and transportation assets	(151)	(36)
Contributions to equity affiliates	0	(232)
Net cash provided by (used in) investing activities	(551)	15,422
Cash flows from financing activities:
Repayment of debt	(27,000)	(44,500)
Draw on revolving loan	3,000	5,500
Issuance of common units	0	7,053
Payments for offering costs	0	(333)
Debt issuance costs	(30)	(32)
Net cash used in financing activities	(24,030)	(32,312)
Net decrease in cash and cash equivalents	742	3,747
Cash and cash equivalents, beginning of period	1,675	1,718
Cash and cash equivalents, end of period	2,417	5,465
Supplemental disclosures of cash flow information:
Cash paid during the period for income tax	3	139
Cash paid during the period for interest	$ 823	$ 1,646

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Partners' Deficit - USD ($) $ in Thousands	Total	Common Units
Partner's Deficit (in shares) at Dec. 31, 2020		19,953,880
Partner's Deficit at Dec. 31, 2020	$ (153,544)	$ (153,544)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Unit-based compensation programs (in shares)		1,511,138
Unit-based compensation programs	1,879	$ 1,879
Units tendered by SOG employees for tax withholding (in shares)		34,720,360
Units tendered by SOG employees for tax withholding	25,685	$ 25,685
Net loss	(34,805)	$ (34,805)
Partner's Deficit (in shares) at Mar. 31, 2021		56,185,378
Partner's Deficit at Mar. 31, 2021	(160,785)	$ (160,785)
Partner's Deficit (in shares) at Dec. 31, 2020		19,953,880
Partner's Deficit at Dec. 31, 2020	(153,544)	$ (153,544)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(62,601)
Partner's Deficit (in shares) at Jun. 30, 2021		78,723,515
Partner's Deficit at Jun. 30, 2021	(168,786)	$ (168,786)
Partner's Deficit (in shares) at Mar. 31, 2021		56,185,378
Partner's Deficit at Mar. 31, 2021	(160,785)	$ (160,785)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Unit-based compensation programs	206	$ 206
Issuance of common units, net of offering costs of $0.3 million (in shares)		8,774,888
Issuance of common units, net of offering costs of $0.3 million	6,720	$ 6,720
Common units issued as Class C Preferred distributions (in shares)		13,763,249
Common units issued as Class C Preferred distributions	12,869	$ 12,869
Net loss	(27,796)	$ (27,796)
Partner's Deficit (in shares) at Jun. 30, 2021		78,723,515
Partner's Deficit at Jun. 30, 2021	(168,786)	$ (168,786)
Partner's Deficit (in shares) at Dec. 31, 2021		124,448,646
Partner's Deficit at Dec. 31, 2021	(225,120)	$ (225,120)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Unit-based compensation programs	76	$ 76
Common units issued as Class C Preferred distributions (in shares)		24,502,356
Common units issued as Class C Preferred distributions	12,869	$ 12,869
Net loss	(9,732)	$ (9,732)
Partner's Deficit (in shares) at Mar. 31, 2022		148,951,002
Partner's Deficit at Mar. 31, 2022	(221,907)	$ (221,907)
Partner's Deficit (in shares) at Dec. 31, 2021		124,448,646
Partner's Deficit at Dec. 31, 2021	(225,120)	$ (225,120)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss	(26,302)
Partner's Deficit (in shares) at Jun. 30, 2022		173,672,912
Partner's Deficit at Jun. 30, 2022	(224,100)	$ (224,100)
Partner's Deficit (in shares) at Mar. 31, 2022		148,951,002
Partner's Deficit at Mar. 31, 2022	(221,907)	$ (221,907)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Common units issued as Class C Preferred distributions (in shares)		24,721,910
Common units issued as Class C Preferred distributions	14,377	$ 14,377
Net loss	(16,570)	$ (16,570)
Partner's Deficit (in shares) at Jun. 30, 2022		173,672,912
Partner's Deficit at Jun. 30, 2022	$ (224,100)	$ (224,100)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Changes in Partners' Deficit (Parenthetical) $ in Thousands	3 Months Ended
	Jun. 30, 2021 USD ($)
Statement of Stockholders' Equity [Abstract]
Offering costs	$ 300

Organization and Business

Organization and Business	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Business	ORGANIZATION AND BUSINESS Organization We are a publicly-traded limited partnership formed in 2005 focused on the acquisition, development, ownership and operation of infrastructure critical to the transition of energy supply to lower carbon sources. We own natural gas gathering systems, pipelines, and processing facilities in South Texas and continue to pursue energy transition infrastructure opportunities. Our common units are currently listed on the NYSE American under the symbol “SNMP.” On February 26, 2021, in connection with our management team’s focus on expanding our business strategy to focus on the ongoing energy transition in the industries in which we operate, we changed our name to Evolve Transition Infrastructure LP and our general partner changed its name to Evolve Transition Infrastructure GP LLC.

Basis Of Presentation and Summa

Basis Of Presentation and Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Accounting policies used by us conform to accounting principles generally accepted in the United States of America (“GAAP”). The accompanying financial statements include the accounts of us and our wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures, normally included in annual financial statements prepared in accordance with GAAP, have been condensed or omitted pursuant to those rules and regulations. We believe that the disclosures made are adequate to make the information presented not misleading. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, necessary to fairly state the financial position, results of operations and cash flows with respect to the interim condensed consolidated financial statements have been included. The results of operations for the interim periods are not necessarily indicative of the results for the entire year. These unaudited condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements and the notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2021, which was filed with the SEC on March 30, 2022. Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (“FASB”), which are adopted by us as of the specified effective date. Unless otherwise discussed, management believes that the impact of recently issued standards, which are not effective, will not have a material impact on our consolidated financial statements upon adoption. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU modifies the impairment model to utilize an expected loss methodology in place of the currently used incurred loss methodology, which will result in more timely recognition of losses. Additionally, in November 2019, the FASB issued ASU 2019-10, “Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates,” which changed the effective date for certain issuers to annual and interim periods in fiscal years beginning after December 15, 2022, and earlier adoption is permitted. We are currently in the process of evaluating the impact of adoption of this guidance on our condensed consolidated financial statements. Other accounting standards that have been issued by the FASB or other standards-setting bodies are not expected to have a material impact on the Partnership’s financial position, results of operations and cash flows. Use of Estimates The condensed consolidated financial statements are prepared in conformity with GAAP, which requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of revenues and expenses. The estimates that are particularly significant to our financial statements include estimates of our depreciation, depletion and amortization; asset retirement obligations; certain revenues and operating expenses; and fair values of assets and liabilities. As fair value is a market-based measurement, it is determined based on the assumptions that market participants would use. These estimates and assumptions are based on management’s best judgment using the data available. Management evaluates its estimates and assumptions on an on-going basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. Such estimates and assumptions are adjusted when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ from the estimates. Any changes in estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.

Divestitures and Discontinued O

Divestitures and Discontinued Operations	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Divestitures and Discontinued Operations	DIVESTITURES AND DISCONTINUED OPERATIONS Kodiak Sale On March 11, 2022, we entered into a purchase and sale agreement with Kodiak Gas Services, LLC (“Kodiak”), pursuant to which we sold to Kodiak natural gas compression equipment for a purchase price of $250 thousand. We recorded a loss of approximately $2.2 million on the sale. On May 9, 2022, we entered into a purchase and sale agreement with Kodiak, pursuant to which we sold to Kodiak natural gas compression equipment for a purchase price of $250 thousand. We recorded a loss of approximately $2.2 million on the sale. Palmetto Divestiture On April 30, 2021, but effective March 1, 2021 (the “Palmetto Effective Time”), SEP Holdings IV, LLC (“SEP IV”), a wholly-owned subsidiary of the Partnership entered into a purchase agreement (the “Palmetto PSA”) with Westhoff Palmetto LP (“Palmetto Buyer”), pursuant to which SEP IV sold to Palmetto Buyer specified wellbores and other associated assets located in Gonzales and Dewitt Counties, Texas (the “Palmetto Assets”) for a base purchase price of approximately $11.5 million, including the impact of final post-closing adjustments (the “Palmetto Divestiture”). Pursuant to the Palmetto PSA, other than a limited amount of retained obligations, Palmetto Buyer agreed to assume all obligations relating to the Palmetto Assets that arose on or after the Palmetto Effective Time. The Palmetto PSA contains customary representations and warranties by SEP IV and Palmetto Buyer, and SEP IV and Palmetto Buyer have agreed to customary indemnities relating to breaches of representations, warranties and covenants and the payment of assumed and excluded obligations. The Palmetto Divestiture closed simultaneously with the execution of the Palmetto PSA and we recorded a gain of approximately $0.3 million on the sale. Maverick Divestitures On April 30, 2021, but effective March 1, 2021 (the “Maverick Effective Time”), SEP IV entered into a purchase agreement (the “Maverick PSA”) with Bayshore Energy TX LLC (“Maverick Buyer”), pursuant to which SEP IV sold to Maverick Buyer specified wellbores and other associated assets located in Zavala County, Texas (the “Maverick 1 Assets”) for a base purchase price of approximately $2.8 million, prior to post-closing adjustments (the “Maverick 1 Divestiture”). Pursuant to the Maverick PSA, other than a limited amount of retained obligations, Maverick Buyer agreed to assume all obligations relating to the Maverick 1 Assets that arose on or after the Maverick Effective Time. The Maverick PSA contains customary representations and warranties by SEP IV and Maverick Buyer, and SEP IV and Maverick Buyer agreed to customary indemnities relating to breaches of representations, warranties and covenants and the payment of assumed and excluded obligations. The Maverick 1 Divestiture closed simultaneously with the execution of the Maverick PSA. Also on April 30, 2021, SEP IV entered into a letter agreement with Maverick Buyer (the “Maverick Letter Agreement”) pursuant to which SEP IV agreed to sell additional other specified wellbores and other associated assets located in Zavala and Dimmit Counties, Texas (the “Maverick 2 Assets”) for a base purchase price of approximately $1.4 million, prior to final post-closing adjustments (the “Maverick 2 Divestiture”). The closing of the Maverick 2 Divestiture was conditioned upon SEP IV obtaining certain consents and complying with other preferential rights related to the Maverick 2 Assets. Following the entrance into the Maverick Letter Agreement, SEP IV complied with the preferential rights and obtained multiple consents related to the Maverick 2 Assets. SEP IV did not obtain one of the required consents and, as a result, the Maverick 2 Assets subject to such consent were removed from the Maverick 2 Assets included in the Maverick 2 Divestiture (the “Updated Maverick 2 Assets”) and the base purchase price was adjusted downward by approximately $31,000. On May 14, 2021, but effective as of the Maverick Effective Time, SEP IV and Maverick Buyer entered into a purchase agreement (the “Maverick 2 PSA”) pursuant to which SEP IV sold to Maverick Buyer the Updated Maverick 2 Assets. Pursuant to the Maverick 2 PSA, other than a limited amount of retained obligations, Maverick Buyer agreed to assume all obligations and liabilities related to the Updated Maverick 2 Assets that arose on or after the Maverick Effective Time. The Maverick 2 PSA contains customary representations and warranties by SEP IV and Maverick Buyer, and SEP IV and Maverick Buyer agreed to customary indemnities relating to breaches of representations, warranties and covenants and the payment of assumed and excluded obligations. The Maverick 2 Divestiture closed simultaneously with the execution of the Maverick 2 PSA. On August 13, 2021, but effective as of the Maverick Effective Time, SEP IV and Maverick Buyer entered into a Purchase Agreement (the “Maverick 3 PSA”) pursuant to which SEP IV sold to Maverick Buyer specified wellbores and other associated assets located in Zavala County, Texas, including the remaining Maverick 2 Assets excluded from the original closing of the Maverick 2 Divestiture (the “Maverick 3 Assets”) for a base purchase price of approximately $31,000, prior to final post-closing adjustments (the “Maverick 3 Divestiture,” and together with the Maverick 1 Divestiture and the Maverick 2 Divestiture, the “Maverick Divestitures”). Pursuant to the Maverick 3 PSA, other than a limited amount of retained obligations, Maverick Buyer agreed to assume all obligations and liabilities related to the Maverick 3 Assets that arose on or after the Maverick Effective Time. The Maverick 3 PSA contains customary representations and warranties by SEP IV and Maverick Buyer, and SEP IV and Maverick Buyer agreed to customary indemnities relating to breaches of representations, warranties and covenants and the payment of assumed and excluded obligations. The Maverick 3 Divestiture closed simultaneously with the execution of the Maverick 3 PSA. We recorded a net loss of approximately $0.3 million related to the Maverick Divestitures. Information related to the upstream oil and natural gas assets sold have been reflected in the condensed consolidated financial statements as discontinued operations. The following table presents the results of operations and the gain on disposal which has been included in discontinued operations (in thousands): Three Months Ended Six Months Ended 2021 2021 Revenues Natural gas sales $ 180 $ 255 Oil sales 930 3,236 Natural gas liquid sales 47 182 Total revenues 1,157 3,673 Expenses Operating expenses Lease operating expenses 294 1,776 Production taxes 54 160 Gain on sale of assets (334) (334) Depreciation, depletion and amortization 122 439 Accretion expense 18 73 Total operating expenses 154 2,114 Income before income taxes 1,003 1,559 Income tax expense 446 454 Income from discontinued operations $ 557 $ 1,105

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION Revenue from Contracts with Customers The unit of account in ASC 606 is a performance obligation, which is a promise in a contract to transfer to a customer either a distinct good or service (or bundle of goods or services) or a series of distinct goods or services provided over a period of time. ASC 606 requires that a contract’s transaction price, which is the amount of consideration to which an entity expects to be entitled in exchange for transferring promised goods or services to a customer, is to be allocated to each performance obligation in the contract based on relative standalone selling prices and recognized as revenue when (point in time) or as (over time) the performance obligation is satisfied. Disaggregation of Revenue The Gathering Agreement is classified as an operating lease and is accounted for under ASC 842, “Leases” and is reported as gathering and transportation lease revenues in our condensed consolidated statements of operations. During the three and six months ended June 30, 2022, we recognized revenue of approximately $7.3 million and $22.4 million, respectively, under ASC 842. Mesquite accounted for 100% of total revenue for the three and six months ended June 30, 2022. We are highly dependent upon Mesquite as our only customer. During the three and six months ended June 30, 2022, we did not record any revenue under ASC 606. We disaggregate revenue based on revenue and product type. In selecting the disaggregation categories, we considered a number of factors, including disclosures presented outside the financial statements, such as in our earnings release and investor presentations, information reviewed internally for evaluating performance, and other factors used by the Partnership or the users of its financial statements to evaluate performance or allocate resources. We have concluded that disaggregating revenue by revenue and product type appropriately depicts how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. We account for income from our unconsolidated equity method investments as earnings from equity investments in our condensed consolidated statements of operations. Earnings from these equity method investments are further discussed in Note 11 “Investments.” Contract Balances At June 30, 2022 and December 31, 2021, our accounts receivable were approximately $2.4 million and $19.1 million, respectively, under ASC 842. On May 27, 2022, but effective as of April 1, 2022, we entered into the A&R Gathering Agreement, a related side letter agreement and the Settlement Agreement (as defined in “Part 1, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations—Developments during the Quarter Ended June 30, 2022—Settlement Agreement Execution and Approval”) (collectively the “Settlement Documents”). We accounted for the Settlement Documents as a single contract modification of the Original Gathering Agreement under the contract combination guidance in ASC 842. Prior to the execution of the A&R Gathering Agreement, Mesquite disputed the tariff rate for interruptible throughput volumes from Eastern Catarina (as defined below) billed from July 1, 2021 forward, which resulted in a disputed receivable balance of approximately $26.7 million. Under the terms of the A&R Gathering Agreement and other agreements concurrently entered into, approximately $15.1 million of the disputed receivable balance was paid in cash. In addition, the A&R Gathering Agreement amended key provisions of the Original Gathering Agreement in a manner favorable to us. Principally, it provides for, among other things, a new dedication of the eastern portion of Mesquite’s acreage position in Dimmit, La Salle and Webb counties, Texas (“Eastern Catarina”), whereas only Western Catarina (as defined in Note 10 “Intangible Assets”) was dedicated under the Original Gathering Agreement. The A&R Gathering Agreement also established gathering and processing fee rates for both Western Catarina and Eastern Catarina as well as rates for new production from the Dedicated Acreage (as defined in the A&R Gathering Agreement) and from the Subject Wells (as defined in the A&R Gathering Agreement). In accordance with ASC 842, the portion of the disputed receivable balance of approximately $11.6 million we did not collect in cash was reclassified as a deferred lease incentive, reflective of the non-distinct nature of the contractual concessions received from Mesquite in the A&R Gathering Agreement. The deferred lease incentive is being amortized over the remaining term of the A&R Gathering Agreement. Amortization of the deferred A&R Gathering Agreement lease incentive for the three and six months ended June 30, 2022, was approximately $0.1 million for both periods. This amortization is recorded as a reduction to gathering and transportation lease revenues in our condensed consolidated statements of operations. Under our sales contracts, we invoice customers after our performance obligations have been satisfied, at which point payment is unconditional. Accordingly, our contracts do not give rise to contract assets or liabilities under ASC 606. At June 30, 2022 and December 31, 2021, our accounts receivables from contracts with customers was zero.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	FAIR VALUE MEASUREMENTS Measurements of fair value of derivative instruments are classified according to the fair value hierarchy, which prioritizes the inputs to the valuation techniques used to measure fair value. Fair value is the price that would be received upon the sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Fair value measurements are classified and disclosed in one of the following categories: Level 1: Measured based on unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Active markets are considered those in which transactions for the assets or liabilities occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 2: Measured based on quoted prices in markets that are not active, or inputs which are observable, either directly or indirectly, for substantially the full term of the asset or liability. Substantially all of these inputs are observable in the marketplace throughout the term of the instrument, can be derived from observable data, or supported by observable levels at which transactions are executed in the marketplace. Level 3: Measured based on prices or valuation models that require inputs that are both significant to the fair value measurement and less observable from objective sources (i.e., supported by little or no market activity). Financial assets and liabilities are classified based on the lowest level of input that is significant to the fair value measurement. Management’s assessment of the significance of a particular input to the fair value measurement requires judgment, and may affect the valuation of the fair value of assets and liabilities and their placement within the fair value hierarchy levels. The following table summarizes the fair value of our assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2022 (in thousands): Fair Value Measurements at June 30, 2022 Active Markets for Observable Unobservable Inputs Fair Value Fair value of warrants Nuvve Holding Warrants $ — $ — $ — $ — Other liabilities Stonepeak Warrant — (7,421) — (7,421) Total $ — $ (7,421) $ — $ (7,421) The following table summarizes the fair value of our assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2021 (in thousands): Fair Value Measurements at December 31, 2021 Active Markets for Observable Unobservable Inputs Fair Value Fair value of warrants Nuvve Holding Warrants $ — $ 664 $ — $ 664 Other liabilities Stonepeak Warrant — (7,197) — (7,197) Total $ — $ (6,533) $ — $ (6,533) As of June 30, 2022 and December 31, 2021, the estimated fair value of cash and cash equivalents, accounts receivable, other current assets and current liabilities approximated their carrying value due to their short-term nature. Fair Value on a Non-Recurring Basis The Partnership follows the provisions of Topic 820-10, “Fair Value Measurement,” for non-financial assets and liabilities measured at fair value on a non-recurring basis. The fair value measurements of assets acquired and liabilities assumed are based on inputs that are not observable in the market and therefore represent Level 3 inputs under the fair value hierarchy. We periodically review oil and natural gas properties and related equipment for impairment when facts and circumstances indicate that their carrying values may not be recoverable. A reconciliation of the beginning and ending balances of the Partnership’s asset retirement obligations is presented in Note 9 “Asset Retirement Obligation.” Fair Value of Financial Instruments The estimated fair value amounts of financial instruments have been determined using available market information and valuation methodologies described below. We prioritize the use of the highest level inputs available in determining fair value such that fair value measurements are determined using the highest and best use as determined by market participants and the assumptions that they would use in determining fair value. Credit Agreement – We believe that the carrying value of our Credit Agreement (as defined in Note 7 “Debt”) approximates its fair value because the interest rates on the debt approximate market interest rates for debt with similar terms. The debt is classified as a Level 2 input in the fair value hierarchy and represents the amount at which the instrument could be valued in an exchange during a current transaction between willing parties. The Credit Agreement is discussed further in Note 7 “Debt.” Nuvve Holding Warrants – The Nuvve Holding Warrants (as defined in Note 6 “Derivative and Financial Instruments”) are valued using the value of Nuvve’s common stock and the Nuvve Holding Warrants exercise price. We have therefore classified the fair value measurement of the Nuvve Holding Warrants as Level 2 and is presented within fair value of warrants on the condensed consolidated balance sheets. As of June 30, 2022, the Nuvve Holding Warrants fair value was determined to be zero. Stonepeak Warrant – As part of the Exchange (as defined in Note 15 “Partners’ Deficit”), the Partnership issued to Stonepeak Catarina the Stonepeak Warrant which entitles the holder to receive junior securities of the Partnership representing ten percent of junior securities deemed outstanding when exercised. The Stonepeak Warrant is valued using ten percent of the Partnership’s junior securities deemed outstanding and the common unit price as of the balance sheet date. We have therefore classified the fair value measurement of the Stonepeak Warrant as Level 2 and is presented within other liabilities on the condensed consolidated balance sheets. Earnout Derivative – As part of the Carnero Gathering Transaction (as defined in Note 11 “Investments”), we are required to pay Mesquite an earnout based on natural gas received above a threshold volume and tariff at designated

Derivative and Financial Instru

Derivative and Financial Instruments	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative and Financial Instruments	DERIVATIVE AND FINANCIAL INSTRUMENTS On May 17, 2021, the Partnership entered into a letter agreement (the “Levo Letter Agreement”) with Nuvve Holding Corp. (“Nuvve Holding”) and Stonepeak Rocket Holdings LP, relating to the proposed formation of a joint venture, Levo Mobility LLC (“Levo” and such proposed joint venture, the “Levo JV”). In connection with the Levo Letter Agreement, on May 17, 2021, Nuvve Holding issued ten-year warrants to the Partnership as follows: (i) Series B Warrants to purchase 200,000 shares of Nuvve Holding’s common stock, at an exercise price of $10.00 per share, which are fully vested upon issuance; (ii) Series C warrants to purchase 100,000 shares of Nuvve Holding’s common stock, at an exercise price of $15.00 per share, which are vested as to 50% of the shares upon issuance and vest as to the remaining 50% when Levo has entered into contracts with third parties for $125 million in aggregate capital expenditures; (iii) Series D warrants to purchase 100,000 shares of Nuvve Holding’s common stock, at an exercise price of $20.00 per share, which are vested as to 50% of the shares upon issuance and vest as to the remaining 50% when Levo has entered into contracts with third parties for $250 million in aggregate capital expenditures; (iv) Series E warrants to purchase 100,000 shares of Nuvve Holding’s common stock, at an exercise price of $30.00 per share, which are vested as to 50% of the shares upon issuance and vest as to the remaining 50% when Levo has entered into contracts with third parties for $375 million in aggregate capital expenditures; and (v) Series F warrants to purchase 100,000 shares of Nuvve Holding’s common stock, at an exercise price of $40.00 per share, which are vested as to 50% of the shares upon issuance and vest as to the remaining 50% when Levo has entered into contracts with third parties for $500 million in aggregate capital expenditures (collectively, the “Nuvve Holding Warrants”).The Nuvve Holding Warrants are accounted for in accordance with Topic 815, “Derivatives and Hedging,” and are recorded on the condensed consolidated balance sheets at fair value. Changes in the Nuvve Holding Warrants’ fair value are recognized in earnings and included in “Other (income) expense” on the condensed consolidated statements of operations. The following table sets forth a reconciliation of the changes in fair value of the Partnership’s Nuvve Holding Warrants for the periods indicated (in thousands): Six Months Ended Year Ended Beginning fair value of warrants $ 664 $ — Net gain (loss) on warrants (664) 664 Ending fair value of warrants $ — $ 664 Under Topic 815, “Derivatives and Hedging,” all derivative instruments are recorded on the condensed consolidated balance sheets at fair value as either short-term or long-term assets or liabilities based on their anticipated settlement date. Changes in the derivatives’ fair values are recognized in earnings. Earnout Derivative See Note 5 “Fair Value Measurements” for disclosure regarding the earnout derivative.

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Debt	DEBT Credit Agreement We have entered into a credit facility with Royal Bank of Canada, as administrative agent and collateral agent, and the lenders party thereto, as amended through the date of the Twelfth Amendment to Third Amended and Restated Credit Agreement, dated as of August 20, 2021 (the “Credit Agreement”). The Credit Agreement provides a quarterly amortizing term loan of $65.0 million (the “Term Loan”) and a maximum revolving credit amount of $5.0 million (the “Revolving Loan”). The Credit Agreement matures on September 30, 2023. Borrowings under the Credit Agreement are secured by various mortgages of midstream properties that we own as well as various security and pledge agreements among us, certain of our subsidiaries and the administrative agent. Borrowings under the Credit Agreement are available for limited direct investment in midstream properties, acquisitions, and working capital and general business purposes. The Credit Agreement has a sub-limit of up to $2.5 million which may be used for the issuance of letters of credit. As of June 30, 2022, we had approximately $25.2 million of debt outstanding, comprised solely of the Term Loan. We are required to make mandatory amortizing payments of outstanding principal on the Term Loan of (i) $3.0 million per fiscal quarter commencing with the quarter ending December 31, 2021, and (ii) $2.0 million per fiscal quarter commencing with the quarter ending March 31, 2023. As of June 30, 2022, we have met our mandatory amortizing payments of outstanding principal on the Term Loan through September 30, 2022. The maximum revolving credit amount is $5.0 million leaving us with approximately $5.0 million in unused borrowing capacity. There were no letters of credit outstanding under our Credit Agreement as of June 30, 2022. At our election, interest for borrowings under the Credit Agreement are determined by reference to (i) the London Interbank Offered Rate (“LIBOR”) plus an applicable margin between 2.75% and 3.50% per annum based on net debt to EBITDA or (ii) a domestic bank rate (“ABR”) plus an applicable margin between 1.75% and 2.50% per annum based on net debt to EBITDA plus (iii) a commitment fee of 0.50% per annum based on the unutilized portion of the Revolving Loan. Interest on the borrowings for ABR loans and the commitment fee are generally payable quarterly. Interest on the borrowings for LIBOR loans are generally payable at the applicable maturity date. The Credit Agreement contains various covenants that limit, among other things, our ability to incur certain indebtedness, grant certain liens, merge or consolidate, sell all or substantially all of our assets, make certain loans, acquisitions, capital expenditures and investments, and pay distributions to unitholders. In addition, we are required to maintain the following financial covenants: • current assets to current liabilities, excluding any current maturities of debt, of at least 1.0 to 1.0 at all times; and • senior secured net debt to consolidated adjusted EBITDA for the last twelve months, as of the last day of any fiscal quarter, of not greater than 3.25 to 1.00. The Credit Agreement also includes customary events of default, including events of default relating to non-payment of principal, interest or fees, inaccuracy of representations and warranties when made or when deemed made, violation of covenants, cross-defaults, bankruptcy and insolvency events, certain unsatisfied judgments, loan documents not being valid and a change in control. A change in control is generally defined as the occurrence of one of the following events: (i) our existing general partner ceases to be our sole general partner or (ii) certain specified persons shall cease to own more than 50% of the equity interests of our general partner or shall cease to control our general partner. If an event of default occurs, the lenders will be able to accelerate the maturity of the Credit Agreement and exercise other rights and remedies. At June 30, 2022, we were in compliance with the financial covenants contained in the Credit Agreement. We monitor compliance on an ongoing basis. If we are unable to remain in compliance with the financial covenants contained in our Credit Agreement or maintain the required ratios discussed above, the lenders could call an event of default and accelerate the outstanding debt under the terms of the Credit Agreement, such that our outstanding debt could become then due and payable. We may request waivers of compliance from the violated financial covenants from the lenders, but there is no assurance that such waivers would be granted. We are required to make mandatory amortizing payments of the outstanding principal on the Term Loan and we expect these quarterly amortizing payments will be made from our operating cash flows and other capital resources. However, there can be no assurance that operations and other capital resources will provide cash in sufficient amounts to make these mandatory amortizing payments. Debt Issuance Costs As of June 30, 2022 and December 31, 2021, our unamortized debt issuance costs were approximately $0.7 million and $0.6 million, respectively. These costs are amortized to interest expense in our consolidated statements of operations over the life of our Credit Agreement. Amortization of debt issuance costs recorded during the three months ended June 30, 2022 and 2021 was approximately $0.1 million and $0.3 million, respectively. Amortization of debt issuance costs recorded during the six months ended June 30, 2022 and 2021 was approximately $0.2 million and $0.5 million, respectively.

Gathering and Transportation As

Gathering and Transportation Assets	6 Months Ended
	Jun. 30, 2022
Extractive Industries [Abstract]
Gathering and Transportation Assets	GATHERING AND TRANSPORTATION ASSETS Gathering and transportation assets consisted of the following (in thousands): June 30, December 31, Gathering and transportation assets Midstream assets $ 181,413 $ 188,952 Less: Accumulated depreciation and impairment (91,292) (90,717) Total gathering and transportation assets, net $ 90,121 $ 98,235 Depreciation and Amortization . Gathering and transportation assets, are stated at historical acquisition cost, net of any impairments, and are depreciated using the straight-line method over the useful lives of the assets, which range from three Depreciation and amortization consisted of the following (in thousands): Three Months Ended Six Months Ended 2022 2021 2022 2021 Depreciation and amortization of gathering and transportation related assets $ 1,758 $ 1,778 $ 3,532 $ 3,559 Amortization of intangible assets 2,737 3,365 6,102 6,728 Total depreciation and amortization $ 4,495 $ 5,143 $ 9,634 $ 10,287 Impairment of Gathering and Transportation Assets. We perform a periodic review of gathering and transportation assets to identify facts and circumstances, or triggering events, that indicate the carrying value may not be recoverable. Asset recoverability is measured by comparing the carrying value of the asset or asset group with its expected future pre-tax undiscounted cash flows. These cash flow estimates require us to make projections and assumptions for many years into the future for pricing, demand, competition, operating cost and other factors. If the carrying amount exceeds the expected future undiscounted cash flows, we recognize an impairment equal to the excess of net book value over fair value. The determination of the fair value using present value techniques requires us to make projections and assumptions regarding the probability of a range of outcomes and the rates of interest used in the present value calculations. Any changes we make to these projections and assumptions could result in significant revisions to our evaluation of recoverability of our gathering and transportation assets and the recognition of additional impairments. Upon disposition or retirement of gathering and transportation assets, any gain or loss is recorded to operations.

Asset Retirement Obligation

Asset Retirement Obligation	6 Months Ended
	Jun. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation	ASSET RETIREMENT OBLIGATION We recognize the fair value of a liability for an asset retirement obligation (“ARO”) in the period in which it is incurred if a reasonable estimate of fair value can be made. Each period, we accrete the ARO to its then present value. The associated asset retirement cost (“ARC”) is capitalized as part of the carrying amount of our oil and natural gas properties, equipment and facilities or gathering and transportation assets. Subsequently, the ARC is depreciated using the units-of-production method for production assets and the straight-line method for midstream assets. The AROs recorded by us relate to the plugging and abandonment of oil and natural gas wells and decommissioning of oil and natural gas gathering and other facilities. Inherent in the fair value calculation of AROs are numerous assumptions and judgments including the ultimate settlement amounts, inflation factors, credit adjusted discount rates, timing of settlement and changes in the legal, regulatory, environmental and political environments. To the extent future revisions to these assumptions result in adjustments to the recorded fair value of the existing ARO, a corresponding adjustment is made to the ARC capitalized as part of gathering and transportation assets. The following table is a reconciliation of changes in ARO for the six months ended June 30, 2022 and the year ended December 31, 2021 (in thousands): Six Months Ended Year Ended Asset retirement obligation, beginning balance $ 4,700 $ 4,313 Accretion expense 206 387 Asset retirement obligation, ending balance $ 4,906 $ 4,700 Additional AROs increase the liability associated with new oil and natural gas wells and other facilities as these obligations are incurred. Abandonments of oil and natural gas wells and other facilities reduce the liability for AROs. During the six months ended June 30, 2022 and the year ended December 31, 2021, there were no significant expenditures for abandonments and there were no assets legally restricted for purposes of settling existing AROs. During the year ended December 31, 2021, obligations were relieved as part of the Palmetto Divestiture and the Maverick Divestitures.

Intangible Assets

Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	INTANGIBLE ASSETS Intangible assets are comprised of customer and marketing contracts. The intangible assets balance as of June 30, 2022 is related to the Gathering Agreement with Mesquite that was entered into as part of the acquisition of the Western Catarina gathering system. The Western Catarina gathering system (“Western Catarina Midstream”) is located on the western portion of Mesquite’s acreage position in Dimmit, La Salle and Webb counties, Texas (the western portion of such acreage, “Western Catarina”). Pursuant to the 15-year agreement, Mesquite tenders all of its crude oil, natural gas and other hydrocarbon-based product volumes produced in the Western Catarina of the Eagle Ford Shale in Texas for processing and transportation through Western Catarina Midstream, with a right to tender additional volumes outside of the dedicated acreage. These intangible assets are being amortized using the straight-line method over the 15-year life of the agreement. Amortization expense for the six months ended June 30, 2022 and 2021 was approximately $6.1 million and $6.7 million, respectively. These costs are amortized to depreciation, depletion, and amortization expense in our condensed consolidated statements of operations. The following table is a reconciliation of changes in intangible assets (in thousands): June 30, December 31, Beginning balance $ 118,329 $ 131,786 Amortization (6,102) (13,457) Ending balance $ 112,227 $ 118,329

Investments

Investments	6 Months Ended
	Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Investments	INVESTMENTS In July 2016, we completed a transaction pursuant to which we acquired from Mesquite a 50% interest in Carnero Gathering, LLC (“Carnero Gathering”), a joint venture that was 50% owned and operated by Targa Resources Corp. (NYSE: TRGP) (“Targa”), for an initial payment of approximately $37.0 million and the assumption of remaining capital commitments to Carnero Gathering, estimated at approximately $7.4 million as of the acquisition date (the “Carnero Gathering Transaction”). The fair value of the intangible asset for the contractual customer relationship related to Carnero Gathering was valued at approximately $13.0 million. This amount is being amortized over a contract term of 15 years and decreases earnings from equity investments in our condensed consolidated statements of operations. As part of the Carnero Gathering Transaction, we are required to pay Mesquite an earnout based on natural gas received above a threshold volume and tariff at designated delivery points from Mesquite and other producers. See Note 5 “Fair Value Measurements” for further discussion of the earnout derivative. In November 2016, we completed a transaction pursuant to which we acquired from Mesquite a 50% interest in Carnero Processing, LLC (“Carnero Processing”), a joint venture that was 50% owned and operated by Targa, for aggregate cash consideration of approximately $55.5 million and the assumption of remaining capital contribution commitments to Carnero Processing, estimated at approximately $24.5 million as of the date of acquisition. In May 2018, we executed a series of agreements with Targa and other parties pursuant to which, among other things: (1) the parties merged their respective 50% interests in Carnero Gathering and Carnero Processing (the “Carnero JV Transaction”) to form an expanded 50 / 50 joint venture in South Texas, within Carnero G&P, LLC (the “Carnero JV”), (2) Targa contributed 100% of the equity interest in the Silver Oak II Gas Processing Plant (“Silver Oak II”), located in Bee County, Texas, to the Carnero JV, which expands the processing capacity of the Carnero JV from 260 MMcf/d to 460 MMcf/d, (3) Targa contributed certain capacity in the 45 miles of high pressure natural gas gathering pipelines owned by Carnero Gathering that connect Western Catarina Midstream to nearby pipelines and the Raptor Gas Processing Facility (the “Carnero Gathering Line”) to the Carnero JV resulting in the Carnero JV owning all of the capacity in the Carnero Gathering Line, which has a design limit (without compression) of 400 MMcf/d, (4) the Carnero JV received a new dedication from Mesquite and its working interest partners of over 315,000 acres located in the Western Eagle Ford on Mesquite’s acreage in Dimmit, Webb, La Salle, Zavala and Maverick counties, Texas (such acreage is collectively referred to as Mesquite’s “Comanche Asset”) pursuant to a new long-term firm gas gathering and processing agreement. The agreement with Mesquite, which was approved by all of the unaffiliated Comanche Asset working interest partners, establishes commercial terms for the gathering of gas on the Carnero Gathering Line and processing at the Raptor Gas Processing Facility and Silver Oak II. Prior to execution of the agreement, volumes from the Comanche Asset were gathered and processed on an interruptible basis, with the processing capabilities of the Carnero JV limited by the capacity of the Raptor Gas Processing Facility. As a result of the Carnero JV Transaction, we now record our share of earnings and losses from the Carnero JV using the Hypothetical Liquidation at Book Value (“HLBV”) method of accounting. HLBV is a balance-sheet approach that calculates the amount we would have received if the Carnero JV were liquidated at book value at the end of each measurement period. The change in our allocated amount during the period is recognized in our condensed consolidated statements of operations. In the event of liquidation of the Carnero JV, available proceeds are first distributed to any priority return and unpaid capital associated with Silver Oak II, and then to members in accordance with their capital accounts. As of June 30, 2022, the Partnership had paid approximately $124.4 million for its investment in the Carnero JV related to the initial payments and contributed capital. The Partnership has accounted for this investment using the equity method. Targa is the operator of the Carnero JV and has significant influence with respect to the normal day-to-day capital and operating decisions. We have included the investment balance in the equity investments caption on the condensed consolidated balance sheets. For the three months ended June 30, 2022, the Partnership recorded earnings of approximately $2.2 million in equity investments from the Carnero JV, which was offset by approximately $0.3 million related to the amortization of the contractual customer intangible asset. For the six months ended June 30, 2022, the Partnership recorded earnings of approximately $5.9 million in equity investments from the Carnero JV, which was partially offset by approximately $0.6 million related to the amortization of the contractual customer intangible asset. We have included these equity method earnings in the earnings from equity investments line within the condensed consolidated statements of operations. Cash distributions of approximately $9.5 million were received during the six months ended June 30, 2022. Summarized financial information of unconsolidated entities is as follows (in thousands): Six Months Ended June 30, 2022 2021 Sales $ 68,831 $ 43,668 Total expenses 58,293 38,906 Net income $ 10,538 $ 4,762

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES As part of the Carnero Gathering Transaction, we are required to pay Mesquite an earnout based on natural gas received above a threshold volume and tariff at designated delivery points from Mesquite and other producers. This earnout has an approximate value of zero as of June 30, 2022. For the six months ended June 30, 2022, we made no payments to Mesquite related to the earnout.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	RELATED PARTY TRANSACTIONS Please read the disclosures under the headings “Relationship with Stonepeak,” “Relationship with Mesquite,” “Relationship with SP Holdings” and “Shared Services Agreement” in Note 14 “Related Party Transactions” of our Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2021 for a more complete description of certain related party transactions that were entered into prior to 2022. Indirect costs billed by SP Holdings in connection with the Shared Services Agreement are recorded as general and administrative expenses. For the six months ended June 30, 2022 and 2021, indirect costs were recorded as a credit of approximately $1.6 million and as an expense

Unit-Based Compensation

Unit-Based Compensation	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Unit-Based Compensation	UNIT-BASED COMPENSATION The Sanchez Production Partners LP Long-Term Incentive Plan (the “LTIP”) allows for grants of restricted common units. As of June 30, 2022, and December 31, 2021, there were 4,254,082 unvested restricted units outstanding with a $1.24 weighted average grant date fair value per unit. As of June 30, 2022, 16,232,050 common units remained available for future issuance to participants under the LTIP.

Partners' Deficit

Partners' Deficit	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Partners' Deficit	PARTNERS’ DEFICIT Outstanding Units As of June 30, 2022, we had 36,474,436 Class C Preferred Units outstanding and 173,672,912 common units outstanding which included 4,254,082 unvested restricted common units issued under the LTIP. Common Unit Issuances We entered into a letter agreement with SP Holdings providing that during the period beginning with the fiscal quarter ended September 30, 2019 and continuing until the end of the fiscal quarter after the fiscal quarter in which we redeem all of our issued and outstanding Class C Preferred Units, SP Holdings agrees to delay receipt of its fees, not including reimbursement of costs. As of June 30, 2022, we have not redeemed any Class C Preferred Units and, as a result, we have not issued any common units to SP Holdings in connection with providing services under the Shared Services Agreement for any quarter following the quarter ended June 30, 2019. As of June 30, 2022, the number of units to be issued under the Shared Services Agreement is 17,094,800. At June 30, 2022, the value of these units was approximately $8.6 million and is recorded on the condensed consolidated balance sheet in long term accrued liabilities - related entities. Class C Preferred Units On August 2, 2019, Stonepeak exchanged all of their current equity ownership for newly issued Class C Preferred Units and the Original Warrant in a private placement transaction (the “Exchange”). The holders of the Class C Preferred Units receive a quarterly distribution of 14.0% per annum payable in cash. To the extent that Available Cash (as defined in our partnership agreement) is insufficient to pay the distribution in cash, all or a portion of the distribution may be paid in Class C Preferred PIK Units (as defined in our partnership agreement). Distributions are to be paid on or about the last day of each of February, May, August and November following the end of each quarter and are charged to interest expense in our condensed consolidated statements of operations. As of January 1, 2022, Adjusted Available Cash (as defined in our partnership agreement) will be distributed to holders of the Class C Preferred Units to redeem a number of Class C Preferred Units to be determined based on the amount of Adjusted Available Cash. As of June 30, 2022, no Class C Preferred Units have been redeemed. During the six months ended June 30, 2022 and 2021, we recorded non-cash interest expense related to the Class C Preferred Units of approximately $28.8 million and $49.9 million, respectively, which are recorded in interest expense on the income statement. The Class C Preferred Units are accounted for as a current liability on our condensed consolidated balance sheet consisting of the following (in thousands): June 30, December 31, Class C Preferred Units, beginning balance $ 397,387 $ 345,205 Accretion of discount — 52,182 Class C Preferred Units, ending balance $ 397,387 $ 397,387 On November 16, 2020, the Partnership and Stonepeak entered into the Stonepeak Letter Agreement wherein the parties agreed that the distribution on the Class C Preferred Units for the three months ended September 30, 2020 would be paid in common units instead of Class C Preferred PIK Units, cash or a combination thereof. The Stonepeak Letter Agreement also provides that Stonepeak will be able to elect to receive distributions on the Class C Preferred Units in common units for any quarter following the third quarter of 2020 by providing written notice to the Partnership no later than the last day of the calendar month following the end of such quarter. The table below reflects distributions on Class C Preferred Units which were elected to be paid in common units related to the periods indicated. Three Months Ended Class C Preferred Date of September 30, 2020 22,274,869 February 1, 2021 December 31, 2020 12,445,491 February 25, 2021 March 31, 2021 13,763,249 May 20, 2021 June 30, 2021 8,012,850 August 20, 2021 September 30, 2021 10,832,186 November 22, 2021 December 31, 2021 24,502,356 February 22, 2022 March 31, 2022 24,721,910 May 20, 2022 Stonepeak Warrant On August 2, 2019, in connection with the Exchange, the Partnership issued to Stonepeak the Original Warrant, which entitles the holder to receive junior securities of the Partnership representing ten percent of junior securities deemed outstanding when exercised. The Stonepeak Warrant expires on the later of August 2, 2026 or 30 days following the full redemption of the Class C Preferred Units. There is no strike price associated with the exercise of the Stonepeak Warrant. The Stonepeak Warrant is accounted for as a liability in accordance with ASC 480 and is presented within other liabilities on the condensed consolidated balance sheet. Changes in the fair value of the Stonepeak Warrant are charged to interest expense in our condensed consolidated statements of operations. During the six months ended June 30, 2022 and 2021, we recorded an expense related to the Stonepeak Warrant of approximately $0.2 million and $6.3 million, respectively. Earnings per Unit Net income (loss) per common unit for the period is based on any distributions that are made to the unitholders (common units) plus an allocation of undistributed net income (loss) based on provisions of our partnership agreement, divided by the weighted average number of common units outstanding. Unit-based awards granted but unvested are eligible to receive distributions. The underlying unvested restricted unit awards are considered participating securities for purposes of determining net income (loss) per unit. Undistributed income is allocated to participating securities based on the proportional relationship of the weighted average number of common units and unit-based awards outstanding. Undistributed losses (including those resulting from distributions in excess of net income) are allocated to common units based on provisions of our partnership agreement. Undistributed losses are not allocated to unvested restricted unit awards as they do not participate in net losses. Distributions declared and paid in the period are treated as distributed earnings in the computation of earnings per common unit even though cash distributions are not necessarily derived from current or prior period earnings. The Partnership’s general partner does not have an economic interest in the Partnership and, therefore, does not participate in the Partnership’s net income.

Variable Interest Entities

Variable Interest Entities	6 Months Ended
	Jun. 30, 2022
Variable Interest Entities
Variable Interest Entities	VARIABLE INTEREST ENTITIES The Partnership’s investment in the Carnero JV represents a variable interest entity (“VIE”) that could expose the Partnership to losses. The amount of losses the Partnership could be exposed to from the Carnero JV is limited to the capital investment of approximately $16.0 million. As of June 30, 2022, the Partnership had invested approximately $124.4 million in the Carnero JV and no debt has been incurred by the Carnero JV. We have included this VIE in equity investments on our condensed consolidated balance sheet. Below is a tabular comparison of the carrying amounts of the assets and liabilities of the VIE and the Partnership’s maximum exposure to loss as of June 30, 2022 and December 31, 2021 (in thousands): June 30, December 31, Acquisitions, earnout and capital investments $ 128,483 $ 128,483 Earnings in equity investments (18,307) (23,618) Distributions received (94,145) (84,667) Maximum exposure to loss $ 16,031 $ 20,198

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	LEASES On November 9, 2021, the Partnership entered into a Gas Compression Agreement with Kodiak to lease gas compression units from Kodiak (the “Gas Compression Agreement”). All leased units have a 36 month primary term commencing on the startup date. Following the primary term of the leased units, the Gas Compression Agreement calls for continuation of the term on a month-to-month basis until terminated with 30 days written notice.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS On July 29, 2022, the Partnership received written notice of Stonepeak’s election to receive distributions on the Class C Preferred Units for the quarter ended June 30, 2022 in common units. The aggregate distribution of 27,442,638 common units will be made to Stonepeak Catarina on August 22, 2022, following the satisfaction of certain issuance conditions.

Basis Of Presentation and Sum_2

Basis Of Presentation and Summary Of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Accounting policies used by us conform to accounting principles generally accepted in the United States of America (“GAAP”). The accompanying financial statements include the accounts of us and our wholly owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. These unaudited condensed consolidated financial statements have been prepared pursuant to the rules and regulations of the SEC. Certain information and footnote disclosures, normally included in annual financial statements prepared in accordance with GAAP, have been condensed or omitted pursuant to those rules and regulations. We believe that the disclosures made are adequate to make the information presented not misleading. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, necessary to fairly state the financial position, results of operations and cash flows with respect to the interim condensed consolidated financial statements have been included. The results of operations for the interim periods are not necessarily indicative of the results for the entire year.
Recent Accounting Pronouncements	Recent Accounting Pronouncements From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (“FASB”), which are adopted by us as of the specified effective date. Unless otherwise discussed, management believes that the impact of recently issued standards, which are not effective, will not have a material impact on our consolidated financial statements upon adoption. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU modifies the impairment model to utilize an expected loss methodology in place of the currently used incurred loss methodology, which will result in more timely recognition of losses. Additionally, in November 2019, the FASB issued ASU 2019-10, “Financial Instruments – Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates,” which changed the effective date for certain issuers to annual and interim periods in fiscal years beginning after December 15, 2022, and earlier adoption is permitted. We are currently in the process of evaluating the impact of adoption of this guidance on our condensed consolidated financial statements.
Use of Estimates	Use of Estimates The condensed consolidated financial statements are prepared in conformity with GAAP, which requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities and reported amounts of revenues and expenses. The estimates that are particularly significant to our financial statements include estimates of our depreciation, depletion and amortization; asset retirement obligations; certain revenues and operating expenses; and fair values of assets and liabilities. As fair value is a market-based measurement, it is determined based on the assumptions that market participants would use. These estimates and assumptions are based on management’s best judgment using the data available. Management evaluates its estimates and assumptions on an on-going basis using historical experience and other factors, including the current economic environment, which management believes to be reasonable under the circumstances. Such estimates and assumptions are adjusted when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ from the estimates. Any changes in estimates resulting from continuing changes in the economic environment will be reflected in the financial statements in future periods.

Divestitures and Discontinued_2

Divestitures and Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Schedule of discontinued operations	The following table presents the results of operations and the gain on disposal which has been included in discontinued operations (in thousands): Three Months Ended Six Months Ended 2021 2021 Revenues Natural gas sales $ 180 $ 255 Oil sales 930 3,236 Natural gas liquid sales 47 182 Total revenues 1,157 3,673 Expenses Operating expenses Lease operating expenses 294 1,776 Production taxes 54 160 Gain on sale of assets (334) (334) Depreciation, depletion and amortization 122 439 Accretion expense 18 73 Total operating expenses 154 2,114 Income before income taxes 1,003 1,559 Income tax expense 446 454 Income from discontinued operations $ 557 $ 1,105

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of fair value of assets and liabilities on a recurring basis	The following table summarizes the fair value of our assets and liabilities that were accounted for at fair value on a recurring basis as of June 30, 2022 (in thousands): Fair Value Measurements at June 30, 2022 Active Markets for Observable Unobservable Inputs Fair Value Fair value of warrants Nuvve Holding Warrants $ — $ — $ — $ — Other liabilities Stonepeak Warrant — (7,421) — (7,421) Total $ — $ (7,421) $ — $ (7,421) The following table summarizes the fair value of our assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2021 (in thousands): Fair Value Measurements at December 31, 2021 Active Markets for Observable Unobservable Inputs Fair Value Fair value of warrants Nuvve Holding Warrants $ — $ 664 $ — $ 664 Other liabilities Stonepeak Warrant — (7,197) — (7,197) Total $ — $ (6,533) $ — $ (6,533)

Derivative and Financial Inst_2

Derivative and Financial Instruments (Tables)	6 Months Ended
	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Reconciliation of changes in fair value of derivatives	The following table sets forth a reconciliation of the changes in fair value of the Partnership’s Nuvve Holding Warrants for the periods indicated (in thousands): Six Months Ended Year Ended Beginning fair value of warrants $ 664 $ — Net gain (loss) on warrants (664) 664 Ending fair value of warrants $ — $ 664

Gathering and Transportation _2

Gathering and Transportation Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Extractive Industries [Abstract]
Schedule of gathering and transportation assets	Gathering and transportation assets consisted of the following (in thousands): June 30, December 31, Gathering and transportation assets Midstream assets $ 181,413 $ 188,952 Less: Accumulated depreciation and impairment (91,292) (90,717) Total gathering and transportation assets, net $ 90,121 $ 98,235
Schedule of depreciation, depletion, and amortization	Depreciation and amortization consisted of the following (in thousands): Three Months Ended Six Months Ended 2022 2021 2022 2021 Depreciation and amortization of gathering and transportation related assets $ 1,758 $ 1,778 $ 3,532 $ 3,559 Amortization of intangible assets 2,737 3,365 6,102 6,728 Total depreciation and amortization $ 4,495 $ 5,143 $ 9,634 $ 10,287

Asset Retirement Obligation (Ta

Asset Retirement Obligation (Tables)	6 Months Ended
	Jun. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Reconciliation of changes in asset retirement obligation	The following table is a reconciliation of changes in ARO for the six months ended June 30, 2022 and the year ended December 31, 2021 (in thousands): Six Months Ended Year Ended Asset retirement obligation, beginning balance $ 4,700 $ 4,313 Accretion expense 206 387 Asset retirement obligation, ending balance $ 4,906 $ 4,700

Intangible Assets (Tables)

Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets	The following table is a reconciliation of changes in intangible assets (in thousands): June 30, December 31, Beginning balance $ 118,329 $ 131,786 Amortization (6,102) (13,457) Ending balance $ 112,227 $ 118,329

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2022
Equity Method Investments and Joint Ventures [Abstract]
Summarized financial information of unconsolidated entities	Summarized financial information of unconsolidated entities is as follows (in thousands): Six Months Ended June 30, 2022 2021 Sales $ 68,831 $ 43,668 Total expenses 58,293 38,906 Net income $ 10,538 $ 4,762

Partners' Deficit (Tables)

Partners' Deficit (Tables)	6 Months Ended
	Jun. 30, 2022
Equity [Abstract]
Schedule of Class C preferred units	The Class C Preferred Units are accounted for as a current liability on our condensed consolidated balance sheet consisting of the following (in thousands): June 30, December 31, Class C Preferred Units, beginning balance $ 397,387 $ 345,205 Accretion of discount — 52,182 Class C Preferred Units, ending balance $ 397,387 $ 397,387
Schedule of distributions	The table below reflects distributions on Class C Preferred Units which were elected to be paid in common units related to the periods indicated. Three Months Ended Class C Preferred Date of September 30, 2020 22,274,869 February 1, 2021 December 31, 2020 12,445,491 February 25, 2021 March 31, 2021 13,763,249 May 20, 2021 June 30, 2021 8,012,850 August 20, 2021 September 30, 2021 10,832,186 November 22, 2021 December 31, 2021 24,502,356 February 22, 2022 March 31, 2022 24,721,910 May 20, 2022

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	6 Months Ended
	Jun. 30, 2022
Variable Interest Entities
Schedule of carrying amounts of assets and liabilities of variable interest entity	Below is a tabular comparison of the carrying amounts of the assets and liabilities of the VIE and the Partnership’s maximum exposure to loss as of June 30, 2022 and December 31, 2021 (in thousands): June 30, December 31, Acquisitions, earnout and capital investments $ 128,483 $ 128,483 Earnings in equity investments (18,307) (23,618) Distributions received (94,145) (84,667) Maximum exposure to loss $ 16,031 $ 20,198

Divestitures and Discontinued_3

Divestitures and Discontinued Operations (Narrative) (Details) - USD ($) $ in Thousands					6 Months Ended
	May 09, 2022	Mar. 11, 2022	Aug. 13, 2021	Apr. 30, 2021	Jun. 30, 2022
Divestiture of (The "Kodiak 1 Assets") | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture		$ 250
Divestiture gain (loss)		$ (2,200)
Divestiture of (The "Kodiak 2 Assets") | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture	$ 250
Divestiture gain (loss)	$ (2,200)
Divestiture of (The "Palmetto Assets")
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture				$ 11,500
Divestiture gain (loss)				300
Divestiture of (The "Maverick 1 Assets")
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture				2,800
Divestiture of (The "Maverick 2 Assets")
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture				1,400
Closing adjustment				$ 31
Divestiture of (The "Maverick 3 Assets")
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture			$ 31
Divestitures of (The "Maverick Assets")
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Divestiture gain (loss)					$ (300)

Divestitures and Discontinued_4

Divestitures and Discontinued Operations (Income Statement) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenues	$ 1,157		$ 3,673
Lease operating expenses	294		1,776
Production taxes	54		160
Gain on sale of assets	(334)	$ 4,408	(334)
Depreciation, depletion and amortization	122		439
Accretion expense	18		73
Total operating expenses	154		2,114
Income before income taxes	1,003		1,559
Income tax expense	446		454
Income from discontinued operations	557		1,105
Natural gas sales
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenues	180		255
Oil sales
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenues	930		3,236
Natural gas liquid sales
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total revenues	$ 47		$ 182

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($) $ in Millions		3 Months Ended	6 Months Ended
	Mar. 31, 2022	Jun. 30, 2022	Jun. 30, 2022	Apr. 01, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue		$ 7.3	$ 22.4
Receivables		2.4	2.4		$ 19.1
A&R Gathering Agreement
Disaggregation of Revenue [Line Items]
Disputed receivable balance	$ 26.7
Disputed receivable balance paid in cash	$ 15.1
Amortization		$ 0.1	$ 0.1
Other Noncurrent Assets | A&R Gathering Agreement
Disaggregation of Revenue [Line Items]
Related party receivables				$ 11.6

Fair Value Measurements (Recurr

Fair Value Measurements (Recurring) (Details) - Recurring - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nuvve Holding Warrants	$ 0	$ 664
Stonepeak Warrant	(7,421)	(7,197)
Total	(7,421)	(6,533)
Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nuvve Holding Warrants	0	0
Stonepeak Warrant	0	0
Total	0	0
Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nuvve Holding Warrants	0	664
Stonepeak Warrant	(7,421)	(7,197)
Total	(7,421)	(6,533)
Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Nuvve Holding Warrants	0	0
Stonepeak Warrant	0	0
Total	$ 0	$ 0

Fair Value Measurements (Non-Re

Fair Value Measurements (Non-Recurring) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Warrants
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 0	$ 664	$ 0

Derivative and Financial Inst_3

Derivative and Financial Instruments (Narrative) (Details) - Levo Mobility LLC Joint Venture - Nuvve Holding Corp $ / shares in Units, $ in Millions	May 17, 2021 USD ($) $ / shares shares
Derivative [Line Items]
Warrants term	10 years
Series B Warrants
Derivative [Line Items]
Number of shares called by warrants (in shares) | shares	200,000
Warrants exercise price (in dollars per share) | $ / shares	$ 10
Series C Warrants
Derivative [Line Items]
Number of shares called by warrants (in shares) | shares	100,000
Warrants exercise price (in dollars per share) | $ / shares	$ 15
Aggregate capital expenditures threshold for warrants vesting | $	$ 125
Series C Warrants | Vested upon issuance
Derivative [Line Items]
Warrants vesting percentage	50%
Series C Warrants | Vested upon Levo entry into threshold amount of contracts with third parties
Derivative [Line Items]
Warrants vesting percentage	50%
Series D Warrants
Derivative [Line Items]
Number of shares called by warrants (in shares) | shares	100,000
Warrants exercise price (in dollars per share) | $ / shares	$ 20
Aggregate capital expenditures threshold for warrants vesting | $	$ 250
Series D Warrants | Vested upon issuance
Derivative [Line Items]
Warrants vesting percentage	50%
Series D Warrants | Vested upon Levo entry into threshold amount of contracts with third parties
Derivative [Line Items]
Warrants vesting percentage	50%
Series E Warrants
Derivative [Line Items]
Number of shares called by warrants (in shares) | shares	100,000
Warrants exercise price (in dollars per share) | $ / shares	$ 30
Aggregate capital expenditures threshold for warrants vesting | $	$ 375
Series E Warrants | Vested upon issuance
Derivative [Line Items]
Warrants vesting percentage	50%
Series E Warrants | Vested upon Levo entry into threshold amount of contracts with third parties
Derivative [Line Items]
Warrants vesting percentage	50%
Series F Warrants
Derivative [Line Items]
Number of shares called by warrants (in shares) | shares	100,000
Warrants exercise price (in dollars per share) | $ / shares	$ 40
Aggregate capital expenditures threshold for warrants vesting | $	$ 500
Series F Warrants | Vested upon issuance
Derivative [Line Items]
Warrants vesting percentage	50%
Series F Warrants | Vested upon Levo entry into threshold amount of contracts with third parties
Derivative [Line Items]
Warrants vesting percentage	50%

Derivative and Financial Inst_4

Derivative and Financial Instruments (Changes In Fair Value) (Details) - Warrants - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Derivative, Fair Value [Roll Forward]
Beginning fair value	$ 664	$ 0
Net gain (loss) on warrants	(664)	664
Ending fair value	$ 0	$ 664

Debt (Details)

Debt (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Aug. 20, 2021 USD ($)
Line of Credit Facility [Line Items]
Credit agreement, outstanding	$ 25,200		$ 25,200
Credit agreement available	5,000		5,000
Letters of credit outstanding	0		0
Unamortized debt issue costs	700		700		$ 600
Amortization of debt issuance costs	$ 100	$ 300	$ 249	$ 491
Credit Agreement
Line of Credit Facility [Line Items]
Maximum borrowing capacity						$ 65,000
Commitment fee on unutilized borrowing base			0.50%
Current assets to current liabilities ratio			1
Debt to adjusted EBITDA ratio	3.25		3.25
Credit Agreement | Scenario One
Line of Credit Facility [Line Items]
Periodic payments			$ 3,000
Credit Agreement | Scenario Two
Line of Credit Facility [Line Items]
Periodic payments			2,000
Revolving Credit Facility
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 5,000		5,000			$ 5,000
Letter of Credit
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 2,500		$ 2,500
Minimum | Credit Agreement
Line of Credit Facility [Line Items]
Ownership percentage by subsidiary			0.50
Minimum | Credit Agreement | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Variable interest rate			2.75%
Minimum | Credit Agreement | ABR
Line of Credit Facility [Line Items]
Variable interest rate			1.75%
Maximum | Credit Agreement | London Interbank Offered Rate (LIBOR)
Line of Credit Facility [Line Items]
Variable interest rate			3.50%
Maximum | Credit Agreement | ABR
Line of Credit Facility [Line Items]
Variable interest rate			2.50%

Gathering and Transportation _3

Gathering and Transportation Assets (Gathering and Transportation Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Midstream assets	$ 90,121	$ 98,235
Midstream
Property, Plant and Equipment [Line Items]
Midstream assets	181,413	188,952
Less: Accumulated depreciation and impairment	(91,292)	(90,717)
Total gathering and transportation assets, net	$ 90,121	$ 98,235

Gathering and Transportation _4

Gathering and Transportation Assets (Narrative) (Details)	6 Months Ended
	Jun. 30, 2022
Minimum | Furniture and Equipment
Property, Plant and Equipment [Line Items]
Useful life	3 years
Maximum | Furniture and Equipment
Property, Plant and Equipment [Line Items]
Useful life	15 years
Maximum | Gathering Facilities
Property, Plant and Equipment [Line Items]
Useful life	36 years
Maximum | Transportation assets
Property, Plant and Equipment [Line Items]
Useful life	40 years

Gathering and Transportation _5

Gathering and Transportation Assets (DDA and Impairments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Line Items]
Amortization of intangible assets	$ 2,737	$ 3,365	$ 6,102	$ 6,728
Depreciation, depletion and amortization			3,531	3,998
Gathering and Transportation Related Assets
Property, Plant and Equipment [Line Items]
Depreciation, depletion and amortization	1,758	1,778	3,532	3,559
Oil and Natural Gas-Related Assets and Gathering and Transportation-Related Assets
Property, Plant and Equipment [Line Items]
Depreciation, depletion and amortization	$ 4,495	$ 5,143	$ 9,634	$ 10,287

Asset Retirement Obligation (De

Asset Retirement Obligation (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Asset retirement obligation, beginning balance			$ 4,700,000	$ 4,313,000	$ 4,313,000
Accretion expense	$ 104,000	$ 96,000	206,000	$ 189,000	387,000
Asset retirement obligation, ending balance	4,906,000		4,906,000		4,700,000
Legally restricted assets	$ 0		$ 0		$ 0

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Amortization	$ 6,102	$ 6,700	$ 13,457
Finite-lived Intangible Assets [Roll Forward]
Beginning balance	118,329	131,786	131,786
Amortization	(6,102)	$ (6,700)	(13,457)
Ending balance	$ 112,227		$ 118,329
Customer Contracts
Finite-Lived Intangible Assets [Line Items]
Agreement term (in years)	15 years
Useful life	15 years

Investments (Narrative) (Detail

Investments (Narrative) (Details) $ in Thousands	1 Months Ended				3 Months Ended		6 Months Ended
	May 31, 2018 a MMcf	Apr. 30, 2018 MMcf	Nov. 30, 2016 USD ($)	Jul. 31, 2016 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Schedule of Equity Method Investments [Line Items]
Amortization of intangible assets					$ 2,737	$ 3,365	$ 6,102	$ 6,728
Earnings (loss) from equity investments					1,920	$ (271)	5,311	328
Distributions received							9,478	$ 11,946
Carnero Gathering, Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership interest (as a percent)				50%
Payments to acquire joint venture				$ 37,000			124,400
Assumption of capital commitments in joint venture				7,400
Daily processing capacity | MMcf	400
Carnero Gathering, Joint Venture | Customer Relationships
Schedule of Equity Method Investments [Line Items]
Intangible asset, fair value				$ 13,000
Agreement term (in years)				15 years
Carnero Processing, Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership interest (as a percent)			50%
Payments to acquire joint venture			$ 55,500
Assumption of capital commitments in joint venture			$ 24,500
Carnero Gathering and Carnero Processing
Schedule of Equity Method Investments [Line Items]
Ownership interest (as a percent)	50%
Carnero G&P, Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership interest (as a percent)	50%
Payments to acquire joint venture							124,400
Daily processing capacity | MMcf	460	260
Earnings (loss) from equity investments					2,200		5,900
Distributions received							9,500
Carnero G&P, Joint Venture | Customer Relationships
Schedule of Equity Method Investments [Line Items]
Amortization of intangible assets					$ 300		$ 600
Mesquite Energy, Inc. | Carnero Gathering, Joint Venture | Western Eagle Ford
Schedule of Equity Method Investments [Line Items]
Acres dedicated for gathering | a	315,000
Targa | Carnero Gathering, Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership interest (as a percent)				50%
Targa | Carnero Processing, Joint Venture
Schedule of Equity Method Investments [Line Items]
Ownership interest (as a percent)			50%
Targa | SIlver Oak II [Member]
Schedule of Equity Method Investments [Line Items]
Ownership interest (as a percent)	100%

Investments (Unconsolidated Ent

Investments (Unconsolidated Entities) (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022	Jun. 30, 2021
Schedule of Equity Method Investments [Line Items]
Revenue	$ 7,300	$ 22,400
Net income		(26,302)	$ (62,601)
Unconsolidated entities
Schedule of Equity Method Investments [Line Items]
Revenue		68,831	43,668
Total expenses		58,293	38,906
Net income		$ 10,538	$ 4,762

Commitments and Contingencies (

Commitments and Contingencies (Details)	6 Months Ended
	Jun. 30, 2022 USD ($)
Carnero Gathering, Joint Venture
Variable Interest Entity [Line Items]
Earnout derivative liability	$ 0
Mesquite Energy, Inc.
Variable Interest Entity [Line Items]
Earnout payments	$ 0

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
SP Holdings
Related Party Transaction [Line Items]
Indirect costs	$ (1.6)	$ 2.6

Unit-Based Compensation (Detail

Unit-Based Compensation (Details) - LTIP - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Units available for issuance (in units)	16,232,050
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unvested restricted units outstanding (in units)	4,254,082	4,254,082
Weighted average grant date fair value (in dollars per share)	$ 1.24	$ 1.24

Partners' Deficit (Narratives)

Partners' Deficit (Narratives) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Limited Partners' Capital Account [Line Items]
Units, outstanding (in units)	173,672,912		173,672,912		124,448,646
Long term accrued liabilities - related entities	$ 8,622		$ 8,622		$ 10,215
Interest expense, net	$ 14,572	$ 27,938	30,083	$ 58,385
Stonepeak Warrant
Limited Partners' Capital Account [Line Items]
Interest expense, net			$ 200	6,300
Restricted Stock Units (RSUs) | LTIP
Limited Partners' Capital Account [Line Items]
Unvested restricted units outstanding (in units)	4,254,082		4,254,082		4,254,082
Class C preferred units
Limited Partners' Capital Account [Line Items]
Preferred units outstanding (in units)	36,474,436		36,474,436
Distributions (as a percent)			14%
Interest expense, net			$ 28,800	$ 49,900
Warrant exercise period			30 days
Class C preferred units | Settlement Agreement with Stonepeak Catarina Holdings LLC
Limited Partners' Capital Account [Line Items]
Units to be issued under agreement (in units)			17,094,800

Partners' Deficit (Preferred Un

Partners' Deficit (Preferred Units) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Preferred Units [Roll Forward]
Class C Preferred Units, beginning balance	$ 397,387	$ 345,205
Accretion of discount	0	52,182
Class C Preferred Units, ending balance	$ 397,387	$ 397,387

Partners' Deficit (Distribution

Partners' Deficit (Distributions) (Details) - shares	3 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Sep. 30, 2020
Common Units
Distribution Made to Limited Partner [Line Items]
Units distribution (in units)	24,721,910	24,502,356	10,832,186	8,012,850	13,763,249	12,445,491	22,274,869

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($)	1 Months Ended	6 Months Ended	12 Months Ended
	Jul. 31, 2016	Jun. 30, 2022	Dec. 31, 2021
Variable Interest Entity [Line Items]
Maximum exposure to loss		$ 16,031,000	$ 20,198,000
Acquisitions, earnout and capital investments		128,483,000	128,483,000
Earnings in equity investments		(18,307,000)	(23,618,000)
Distributions received		(94,145,000)	$ (84,667,000)
Carnero Gathering, Joint Venture
Variable Interest Entity [Line Items]
Maximum exposure to loss		16,000,000
Payments to acquire joint venture	$ 37,000,000	124,400,000
Debt incurred		$ 0

Leases (Details)

Leases (Details)	Nov. 09, 2021
Leases [Abstract]
Primary term	36 months
Termination notice period	30 days

Subsequent Events (Details)

Subsequent Events (Details)	Aug. 22, 2022 shares
Forecast
Subsequent Event [Line Items]
Units distribution (in units)	27,442,638