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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 325,756 $ 1,425,815
Joint interest and other receivables 71,687 61,592
Prepaid expenses and other current assets 30,141 23,941
Inventory 62,768 65,286
Short-term restricted funds 90,449 90,440
Short-term investments 1,287,298 789,668
Total current assets 1,868,099 2,456,742
Property, plant, and equipment:    
Oil and gas properties, successful efforts method of accounting, net of accumulated depletion of $-0- 1,124,770 1,094,464
Other property and equipment, net of accumulated depreciation and amortization of $2,992 and $2,533, as of March 31, 2013 and December 31, 2012, respectively 4,944 5,292
Total property, plant, and equipment, net 1,129,714 1,099,756
Long-term restricted funds 305,208 395,652
Long-term investments 512,754 36,267
Other assets 25,538 23,042
Total assets 3,841,313 4,011,459
Current liabilities:    
Trade and other accounts payable 6,625 67,876
Accrued liabilities 88,881 44,061
Short-term contractual obligations 49,019 49,019
Total current liabilities 144,525 160,956
Long-term debt 1,002,055 991,191
Long-term contractual obligations 125,383 168,238
Other long-term liabilities 1,862 1,856
Total long-term liabilities 1,129,300 1,161,285
Stockholders' Equity:    
Common stock, $0.01 par value per share; 2,000,000,000 shares authorized, 406,707,716 and 406,596,884 issued and outstanding as of March 31, 2013 and December 31, 2012, respectively 4,067 4,066
Additional paid-in capital 3,619,343 3,612,987
Accumulated deficit during the development stage (1,055,922) (927,835)
Total stockholders' equity 2,567,488 2,689,218
Total liabilities and stockholders' equity $ 3,841,313 $ 4,011,459