Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of estimated future minimum commitments

The estimated future minimum commitments under this contract as of June 30, 2013, are:

	Payments Due By Year(1)
	Total	2013(2)	2014	2015	2016	2017	Thereafter
	(In thousands)
Drilling rig contract (3)	651,525	—	90,440	217,175	217,770	126,140	—

(1) Does not include purchase commitments for jointly owned fields and facilities where we are not the operator, excludes commitments for development activities under our petroleum contracts where we are not the operator and excludes commitments for exploration activities, including well commitments, in our petroleum contracts and farm-in agreements.

(2) Represents payments for the period from July 1, 2013 through December 31, 2013.

(3) Commitments calculated using a day rate of $595,000 and an estimated rig delivery date of August 1, 2014.