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Costs Incurred for Property Acquisition, Exploration and Development
9 Months Ended
Sep. 30, 2016
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

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

 

 

Nine Months
Ended
September 30,

2016

 

 

Year

Ended
December 31, 2015

 

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

 

 

 

Acreage purchases

 

$

16,282

 

 

$

73,025

 

Oil and gas properties

 

 

3,086,635

 

 

 

¾

 

Asset retirement obligations

 

 

16,609

 

 

 

¾

 

Development

 

 

302,518

 

 

 

708,268

 

Exploration:

 

 

 

 

 

 

 

 

Drilling

 

 

37,528

 

 

 

87,505

 

Expense

 

 

16,972

 

 

 

18,421

 

Stock-based compensation expense

 

 

1,669

 

 

 

2,985

 

Gas gathering facilities:

 

 

 

 

 

 

 

 

Development

 

 

1,345

 

 

 

13,337

 

Subtotal

 

 

3,479,558

 

 

 

903,541

 

Asset retirement obligations

 

 

4,655

 

 

 

22,184

 

Total costs incurred

 

$

3,484,213

 

 

$

925,725

 

(a)

Includes costs incurred whether capitalized or expensed.