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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2015
Commitments And Contingencies Disclosure [Abstract]  
Schedule of Company Drilling and Derivative Commitments

The following table summarizes the Company’s drilling commitments as of December 31, 2015:

 

Payments Due by Period

 

(in thousands)

2016

 

2017

 

2018

 

2019

 

2020

 

Thereafter

 

Total

 

Drilling commitments

$

21,735

 

$

8,449

 

$

 

$

 

$

 

$

 

$

30,184

 

 

Derivative Obligations 

The future deferred premium payments related to derivative agreements as of December 31, 2015 was as follows (in thousands):  

 

 

Payments Due by Period

 

(in thousands)

2016

 

2017

 

2018

 

2019

 

2020

 

Thereafter

 

Total

 

Derivative obligations

$

11,675

 

$

4,950

 

$

 

$

 

$

 

$

 

$

16,625

 

 

Schedule of Future Minimum Lease Payments under Long Term Operating Lease Agreements

The estimated future minimum lease payments under long-term operating lease agreements as of December 31, 2015 was as follows (in thousands):  

 

 

For the years ended December 31,

 

 

2016

 

2017

 

2018

 

2019

 

2020

 

Thereafter

 

Total

 

 

 

 

Office Leases

$

4,786

 

$

5,158

 

$

5,276

 

$

5,398

 

$

5,395

 

$

21,102

 

$

47,115

 

Vehicle Operating Leases

 

6,625

 

 

 

 

 

 

 

 

 

 

 

 

6,625

 

Office Equipment

 

160

 

 

106

 

 

38

 

 

 

 

 

 

 

 

304

 

Total

$

11,571

 

$

5,264

 

$

5,314

 

$

5,398

 

$

5,395

 

$

21,102

 

$

54,044