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Commitments and Contingencies (Tables)
 3 Months Ended
Mar. 31, 2016
Commitments and Contingencies  
Schedule of estimated future minimum commitments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payments Due By Year(1)

 

 

    

Total

    

2016(2)

    

2017

    

2018

    

2019

    

2020

    

Thereafter

 

 

 

(In thousands)

 

Operating leases(3)

 

$
12,141

 

$
2,401

 

$
3,286

 

$
3,323

 

$
3,131

 

$

 —

 

$

 —

 

Atwood Achiever drilling rig contract(4)

 

 
473,765

 

 
136,282

 

 
180,883

 

 
156,600

 

 

 —

 

 

 —

 

 

 —

 

(1)

Does not include purchase commitments for jointly owned fields and facilities where we are not the operator and excludes commitments for exploration activities, including well commitments, in our petroleum contracts.

 

(2)

Represents payments for the period from April 1, 2016 through December 31, 2016.

 

(3)

Primarily relates to corporate office and foreign office leases.

 

(4)

Commitments calculated using the amended day rate of $0.5 million effective October 1, 2015, excluding applicable taxes.