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Exploratory Costs (Tables)
6 Months Ended
Jun. 30, 2017
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
June 30,
(in thousands)
2017
2016
Capitalized exploratory well costs at beginning of period
$
168,265

$
105,591

Additions pending determination of proved reserves
170,737

78,457

Reclassifications due to determination of proved reserves
(197,601
)
(146,610
)
Capitalized exploratory well costs at end of period
$
141,401

$
37,438


 
Six months ended
June 30,
(in thousands)
2017
2016
Capitalized exploratory well costs at beginning of period
$
164,996

$
103,588

Additions pending determination of proved reserves
335,703

161,903

Reclassifications due to determination of proved reserves
(359,298
)
(228,053
)
Capitalized exploratory well costs at end of period
$
141,401

$
37,438


The following table sets forth capitalized exploratory well costs:

(in thousands)
June 30, 2017
December 31, 2016
Exploratory wells in progress (drilling rig not released)
$
15,224

$
14,531

Capitalized exploratory well costs capitalized for a period of one year or less
126,177

143,602

Capitalized exploratory well costs for a period greater than one year

6,863

Total capitalized exploratory well costs
$
141,401

$
164,996