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Derivatives And Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2013
Credit Risk Derivatives, at Fair Value, Net [Abstract]  
Estimated Fair Value Of Derivative Instruments Under Input Levels
 
Asset Derivatives
 
Liability Derivatives
  
September 30, 2013
 
December 31, 2012
 
September 30, 2013
 
December 31, 2012
 
 
 
 
 
 
 
 
 
(in thousands)
 
(in thousands)
Level 2 inputs
$
146,864

 
$
207,042

 
$
(390
)
 
$
959

Level 3 inputs
14,467

 
11,595

 
3,562

 
16,526

Total
$
161,331

 
$
218,637

 
$
3,172

 
$
17,485

Changes In Level 3 Fair Values
 
For the Three Months Ended
September 30,
 
2013
 
2012
 
 
 
 
 
(In thousands)
Balance at beginning of period
$
(9,873
)
 
$
45,345

Total gains (losses) for the period:
 
 
 
Unrealized gain (loss) on derivatives
24,080

 
(51,685
)
Settlements in production revenue

 
(825
)
Settlements in net derivative gains (losses)
(3,302
)
 
(6,870
)
Unrealized gains reported in OCI

 
409

Balance at end of period
$
10,905

 
$
(13,626
)
 
 
 
 
Total gains included in net derivative gains attributable to the change in unrealized gains related to assets still held at the reporting date
$
24,026

 
$
(51,685
)
 
 
 
 
 
 
For the Nine Months Ended
September 30,
 
2013
 
2012
 
 
 
 
 
(In thousands)
Balance at beginning of period
$
(4,931
)
 
$
150,989

Total gains (losses) for the period:
 
 
 
Unrealized gain (loss) on derivatives
24,618

 
(16,160
)
Transfers out of Level 3

 
(153,418
)
Settlements in production revenue

 
(5,600
)
Settlements in net derivative gains (losses)
(8,782
)
 
(22,743
)
Unrealized gains reported in OCI

 
33,306

Balance at end of period
$
10,905

 
$
(13,626
)
 
 
 
 
Total gains included in net derivative gains attributable to the change in unrealized gains related to assets still held at the reporting date
$
26,788

 
$
(16,160
)
Price Collars And Swaps For Anticipated Natural Gas And NGL Production
Production
Year
 
Daily Production
Volume
 
 
Natural Gas
 
NGL
 
 
MMcfd
 
MBbld
Remainder of 2013
 
200
 
6
 2014 (1)
 
170
 
4
2015
 
150
 
2016-2021
 
40
 
Net Deferred Hedge Gain in AOCI to be Released into Earnings in a Future Period
 
(In thousands)
Remainder of 2013
$
15,254

2014
37,084

2015
33,191

2016
13,476

2017
12,531

2018 and thereafter
41,443

 
$
152,979

Reduction Of Interest Expense Over The Life Of The Debt Instruments
 
(In thousands)
Remainder of 2013
$
492

2014
2,039

2015
2,194

2016
569

 
$
5,294

Estimated Fair Value Of Derivative Instruments
 
Asset Derivatives
 
 
Liability Derivatives
 
September 30, 2013
 
December 31, 2012
 
 
September 30, 2013
 
December 31, 2012
 
 
 
 
 
 
 
 
 
 
(In thousands)
 
 
(In thousands)
Derivatives not designated as hedges:
 
 
 
 
 
 
 
 
Commodity contracts reported in:
 
 
 
 
 
 
 
 
Current derivative assets
$
86,003

 
$
113,367

 
 
$

 
$

Noncurrent derivative assets
75,403

 
107,542

 
 
75

 
2,272

Current derivative liabilities

 

 
 

 

Noncurrent derivative liabilities
448

 
92

 
 
3,620

 
17,577

Total derivatives not designated as hedges
$
161,854

 
$
221,001

 
 
$
3,695

 
$
19,849

Carrying Value Of Derivatives
 
For the Three Months Ended
September 30,
 
2012
 
Commodity Hedges
 
 
 
(In thousands)
Derivative fair value at beginning of period
$
176,726

Settlements in production revenue
(45,681
)
Ineffectiveness reported in net derivative gains
(547
)
Unrealized gains (losses) reported in OCI
(15,543
)
Derivative fair value at end of period
$
114,955

 
 
 
For the Nine Months Ended
September 30,
 
2012
  
Commodity Hedges
 
 
 
(In thousands)
Derivative fair value at beginning of period
$
342,799

Settlements in production revenue
(137,417
)
Settlements in net derivative gains
(3,820
)
Ineffectiveness reported in net derivative gains
1,022

Unrealized gains reported in OCI
93,103

Derecognition of hedge
(180,732
)
Derivative fair value at end of period
$
114,955