XML 70 R45.htm IDEA: XBRL DOCUMENT v3.3.1.900
Acquisitions and Divestitures (Details)
$ in Thousands, $ / site in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2015
Jan. 31, 2016
Nov. 30, 2015
Oct. 31, 2015
Mar. 31, 2015
USD ($)
item
Aug. 31, 2014
$ / site
Jun. 30, 2014
USD ($)
Mar. 31, 2014
USD ($)
agreement
item
$ / site
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Acquisitions and Divestitures                    
Gain on sale of assets                 $ 24,651 $ 23,769
Farm-in agreement | Camarao, Ameijoa, Mexilhao and Ostra blocks                    
Acquisitions and Divestitures                    
Participating interests (as a percent)         31.00%          
Farm-in agreement | Block 11                    
Acquisitions and Divestitures                    
Participation interest acquired (as a percent)       85.00%            
Farm-in agreement | Block 5                    
Acquisitions and Divestitures                    
Participation interest acquired (as a percent)   65.00%                
Farm-in agreement | Block 6                    
Acquisitions and Divestitures                    
Participation interest acquired (as a percent)     45.00%              
Farm-out agreements | Block C8                    
Acquisitions and Divestitures                    
Participating interests (as a percent) 90.00%                  
Farm-out agreements | Block C12                    
Acquisitions and Divestitures                    
Participating interests (as a percent) 90.00%                  
Farm-out agreements | Block C13                    
Acquisitions and Divestitures                    
Participating interests (as a percent) 90.00%                  
Farm-out agreements | Essaouira Offshore Block                    
Acquisitions and Divestitures                    
Participating interests (as a percent)                 30.00%  
Farm-out agreements | Foum Assaka Offshore Block                    
Acquisitions and Divestitures                    
Participating interests (as a percent)                 29.90%  
Farm-out agreements | Tarhazoute Offshore Block                    
Acquisitions and Divestitures                    
Participating interests (as a percent)                 30.00%  
Farm-out agreements | Cap Boujdour Offshore block                    
Acquisitions and Divestitures                    
Participating interests (as a percent)                 55.00%  
Timis Corporation Limited | Farm-in agreement | Cayar Offshore Profond And Saint Louis Offshore Profond Blocks                    
Acquisitions and Divestitures                    
Participation interest acquired (as a percent)           60.00%        
Maximum cost per contingent exploration well | $ / site           120.0        
Participating interest for carrying the full cost of third contingent exploration or appraisal well (as a percent)           65.00%        
Chevron | Farm-out agreements | Block C8, Block 12 and Block 13                    
Acquisitions and Divestitures                    
Participation interest acquired (as a percent)         30.00%          
Number of exploration wells for which a third party will pay a disproportionate amount | item         1          
Proceeds on sale of assets         $ 28,700          
Gain on sale of assets         $ 24,700          
Agencia Nacional Do Petroleo De Sao Tome E Principe | Farm-in agreement | Block 11                    
Acquisitions and Divestitures                    
Carried interest held by National Petroleum Agency       15.00%            
BP | Farm-out agreements | Essaouira Offshore, Foum Assaka Offshore and Tarhazoute Offshore blocks                    
Acquisitions and Divestitures                    
Number of farm-out agreements | agreement               3    
Number of blocks covered by farm-out agreements | item               3    
Proceeds on sale of assets               $ 56,900    
Gain on sale of assets                   $ 23,800
Number of exploration wells in each block for which our share of costs will be paid for by a third party | item               1    
Percentage of third party's share of drilling costs to be paid in the event of drilling a second exploration well in each block               150.00%    
BP | Farm-out agreements | Essaouira Offshore, Foum Assaka Offshore and Tarhazoute Offshore blocks | Maximum                    
Acquisitions and Divestitures                    
Spending per well by third party for first exploration well (in dollars per well) | $ / site               120.0    
Spending per well by third party in the event of drilling a second exploration well (in dollars per well) | $ / site               120.0    
Cairn | Farm-out agreements | Cap Boujdour Offshore block                    
Acquisitions and Divestitures                    
Reimbursement of shared costs previously incurred             $ 1,500      
Participation interest acquired (as a percent)               20.00%    
Percentage of third party's share of seismic and drilling costs               150.00%    
Amount of our future costs paid for by third party               $ 12,300    
Cairn | Farm-out agreements | Cap Boujdour Offshore block | Maximum                    
Acquisitions and Divestitures                    
Spending by third party for seismic costs               25,000    
Spending by third party for an exploration well               $ 100,000