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RELATED PARTY TRANSACTIONS
12 Months Ended
Dec. 31, 2015
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

11. RELATED PARTY TRANSACTIONS

Helmerich & Payne, Inc. (H&P) provides contract drilling services to Cimarex. Drilling costs of approximately $7.9 million were incurred by Cimarex related to such services for 2015. During 2014 and 2013, such costs were $18.4 million and $17.0 million, respectively. Hans Helmerich, a director of Cimarex, is Chairman of the Board of Directors of H&P.

Lisa Stewart joined our Board of Directors in October, 2015.  Ms. Stewart is Chairman and Chief Investment Officer of Sheridan Production Partners, a privately-owned oil and gas operating company she founded in 2007.  During 2015, Cimarex paid certain affiliates of Sheridan Production Partners oil and gas revenues of $224.2 thousand and received $81.5 thousand for joint interest billings.  In addition, Cimarex paid the Sheridan affiliates joint interest billings of $10.4 thousand and received $4.1 thousand of oil and gas revenues.

Jerry Box, a director of Cimarex whose term expired May 2015, was the non-executive Chairman of the Board of Newpark through May 2014.  Certain subsidiaries of Newpark Resources, Inc. provided various drilling services to Cimarex. Costs of such services were $0.6 million through May 2014.  During 2013, such costs were $3.5 million.