XML 43 R29.htm IDEA: XBRL DOCUMENT v3.5.0.2
Oil And Natural Gas Properties (Tables)
6 Months Ended
Jun. 30, 2016
Oil And Natural Gas Properties [Abstract]  
Oil and Natural Gas Properties

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

June 30, 

 

December 31, 

 

 

    

2016

    

2015

 

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

 

 

 

 

 

 

 

Property costs

 

 

 

 

 

 

 

Proved property

 

$

731,435

 

$

731,548

 

Unproved property

 

 

41

 

 

39

 

Land

 

 

501

 

 

501

 

Total property costs

 

 

731,977

 

 

732,088

 

Materials and supplies

 

 

1,056

 

 

1,056

 

Total

 

 

733,033

 

 

733,144

 

Less: Accumulated depreciation, depletion, amortization and impairments

 

 

(657,259)

 

 

(652,167)

 

Oil and natural gas properties and equipment, net

 

$

75,774

 

$

80,977

 

 

Gathering and Transportation Assets

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

 

 

 

 

 

 

 

 

 

    

June 30, 

 

December 31, 

 

 

    

2016

    

2015

 

Gathering and transportation assets

 

 

 

 

 

 

 

Catarina midstream assets

 

$

147,695

 

$

147,479

 

Less: Accumulated depreciation, depletion, amortization

 

 

(4,840)

 

 

(1,402)

 

Total gathering and transportation assets

 

$

142,855

 

$

146,077

 

 

Depreciation, Depletion, Amortization and Impairments

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

June 30, 

 

June 30, 

 

    

2016

    

2015

 

2016

    

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

DD&A of oil and natural gas-related assets

 

$

942

 

$

3,079

 

$

2,962

 

$

6,199

DD&A of gathering and transportation related assets

 

 

1,729

 

 

 —

 

 

3,438

 

 

 —

Total DD&A

 

 

2,671

 

 

3,079

 

 

6,400

 

 

6,199

Asset impairments

 

 

 —

 

 

862

 

 

1,309

 

 

83,727

Total

 

$

2,671

 

$

3,941

 

$

7,709

 

$

89,926