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Exploratory Costs (Tables)
9 Months Ended
Sep. 30, 2014
Extractive Industries [Abstract]  
Schedule of Capitalized Exploratory Wells
The following table sets forth capitalized exploratory well costs and includes additions pending determination of proved reserves, reclassifications to proved reserves and costs charged to expense:

 
Three months ended
September 30,
Nine months ended
September 30,
(in thousands)
2014
2013
2014
2013
Capitalized exploratory well costs at beginning of period
$
166,458

$
72,172

$
57,600

$
79,791

Additions pending determination of proved reserves
258,724

99,428

623,913

319,008

Reclassifications due to determination of proved reserves
(258,123
)
(112,821
)
(513,263
)
(340,020
)
Exploratory well costs charged to expense
(1,217
)

(2,408
)

Capitalized exploratory well costs at end of period
$
165,842

$
58,779

$
165,842

$
58,779


The following table sets forth capitalized exploratory wells costs and includes amounts capitalized for a period greater than one year:

(in thousands)
September 30, 2014
December 31, 2013
Exploratory wells in progress
$
29,059

$
14,794

Capitalized exploratory well costs capitalized for a period of one year or less
136,783

42,481

Capitalized exploratory well costs for a period greater than one year

1,206

Total capitalized exploratory well costs
$
165,842

$
58,481