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Exploratory Costs (Tables)
9 Months Ended
Sep. 30, 2016
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)
2016
2015
2016
2015
Capitalized exploratory well costs at beginning of period
$
37,438

$
99,926

$
103,588

$
119,439

Additions pending determination of proved reserves
88,879

113,734

250,782

533,255

Reclassifications due to determination of proved reserves
(44,564
)
(82,325
)
(272,617
)
(521,359
)
Capitalized exploratory well costs at end of period
$
81,753

$
131,335

$
81,753

$
131,335


The following table sets forth capitalized exploratory well costs:

(in thousands)
September 30, 2016
December 31, 2015
Exploratory wells in progress (drilling rig not released)
$
33,818

$
1,760

Capitalized exploratory well costs capitalized for a period of one year or less
41,048

101,828

Capitalized exploratory well cost for a period greater than one year
6,887


Total capitalized exploratory well costs
$
81,753

$
103,588