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Acquisitions and Divestitures (Tables)
3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Schedule of Consideration Paid to Acquire Net Assets and Estimated Values of Net Assets

The following table summarizes the consideration paid to acquire the properties and the estimated fair values of the assets acquired and liabilities assumed (in thousands):

 

Purchase price

 

$

4,066

 

Estimated fair value of assets acquired:

 

 

 

 

Proved oil and natural gas properties

 

$

588

 

Unproved oil and natural gas properties

 

 

3,496

 

Total assets acquired

 

$

4,084

 

Estimated fair value of liabilities assumed:

 

 

 

 

Asset retirement obligations

 

$

13

 

Other liabilities

 

 

5

 

Total liabilities assumed

 

$

18

 

Consideration paid

 

$

4,066