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OIL AND NATURAL GAS SALES (Tables)
 12 Months Ended
Dec. 31, 2015
OIL AND NATURAL GAS SALES  
Tabular disclosure of revenue from oil and natural gas sales during the period

                                                                                                                                                                                    

($ thousands)

 

 
2015

 

 

 

 
2014

 

 
2013

 

 

 

Oil and natural gas sales

 

$
1,052,382

 

 

 

$
1,849,312

 

$
1,616,798

 

 

Royalties(1)

 

 
(167,990

)

 

 

 
(323,118

)

 
(264,326

)

 

 

Oil and natural gas sales, net of royalties

 

$
884,392

 

 

 

$
1,526,194

 

$
1,352,472

 

 

 

 

(1)          

Royalties above do not include production taxes which are reported separately on the Consolidated Statements of Income/(Loss).