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Oil And Natural Gas Properties (Tables)
12 Months Ended
Dec. 31, 2015
Oil And Natural Gas Properties [Abstract]  
Oil and Natural Gas Properties

Oil and natural gas properties consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

December 31, 

 

 

    

2015

    

2014

 

Oil and natural gas properties and related equipment (successful efforts method)

 

 

 

 

 

 

 

Property costs

 

 

 

 

 

 

 

Proved property

 

$

731,548

 

$

649,432

 

Unproved property

 

 

39

 

 

1,560

 

Land

 

 

501

 

 

501

 

Total property costs

 

 

732,088

 

 

651,493

 

Materials and supplies

 

 

1,056

 

 

1,056

 

Total

 

 

733,144

 

 

652,549

 

Less: Accumulated depreciation, depletion, amortization and impairments

 

 

(652,167)

 

 

(517,239)

 

Oil and natural gas properties and equipment, net

 

$

80,977

 

$

135,310

 

 

Gathering and Transportation Assets

Gathering and transportation assets consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

December 31, 

 

 

 

2015

    

2014

 

Gathering and transportation assets

 

 

 

 

 

 

 

Catarina midstream assets

 

$

147,479

 

$

 —

 

Less: Accumulated depreciation, depletion, amortization

 

 

(1,402)

 

 

 —

 

Total gathering and transportation assets

 

$

146,077

 

$

 —

 

 

Depreciation, Depletion, Amortization and Impairments

Depreciation, depletion, amortization and impairments consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

 

    

2015

    

2014

 

 

 

 

 

 

 

 

 

DD&A of oil and natural gas-related assets

 

$

10,330

 

$

17,533

 

DD&A of gathering and transportation related assets

 

 

4,206

 

 

 —

 

Total DD&A

 

 

14,536

 

 

17,533

 

Asset impairments

 

 

123,860

 

 

5,424

 

Total

 

$

138,396

 

$

22,957