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Costs Incurred for Property Acquisition, Exploration and Development
6 Months Ended
Jun. 30, 2013
Costs Incurred for Property Acquisition, Exploration and Development

(17) Costs Incurred for Property Acquisition, Exploration and Development (a)

 

 

Six
Months Ended
June 30,
2013

 

 

Year
Ended
December 31,
2012

 

 

(in thousands)

 

Acreage purchases

$

  31,049

 

  

$

  188,843

 

Development

 

  500,534

 

  

 

  1,049,129

 

Exploration:

 

 

 

  

 

 

 

Drilling

 

  141,838

 

  

 

  309,816

 

Expense

 

  27,818

 

  

 

  65,758

 

Stock-based compensation expense

 

  2,030

 

  

 

  4,049

 

Gas gathering facilities:

 

 

 

  

 

 

 

Development

 

  21,081

 

  

 

  41,035

 

Subtotal

 

  724,350

 

  

 

  1,658,630

 

Asset retirement obligations

 

(2,385

)

  

 

  57,982

 

Total costs incurred

$

  721,965

 

  

$

  1,716,612

 

(a)              Includes cost incurred whether capitalized or expensed.