Property And Equipment, Net

3 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

4. Property and Equipment, Net

At March 31, 2014 and December 31, 2013, total property and equipment, net consisted of the following:



	March 31, 2014		December 31, 2013
	(In thousands)
Proved properties	$2,368,532		$2,182,226
Accumulated depreciation, depletion and amortization	(837,586	)	(773,742	)
Proved properties, net	1,530,946		1,408,484
Unproved properties, not being amortized
Unevaluated leasehold and seismic costs	326,703		302,232
Exploratory wells in progress	21,169		30,196
Capitalized interest	51,294		45,009
Total unproved properties, not being amortized	399,166		377,437
Other property and equipment	15,486		15,260
Accumulated depreciation	(7,405	)	(6,966	)
Other property and equipment, net	8,081		8,294
Total property and equipment, net	$1,938,193		$1,794,215

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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