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Costs Incurred for Property Acquisition, Exploration and Development
3 Months Ended
Mar. 31, 2017
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

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

 

 

Three Months
Ended
March 31,

2017

 

 

Year

Ended
December 31, 2016

 

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

 

 

 

Acreage purchases

 

$

25,425

 

 

$

33,142

 

Oil and gas properties

 

 

 

 

 

3,098,772

 

Asset retirement obligations

 

 

 

 

 

21,908

 

Development

 

 

227,177

 

 

 

497,795

 

Exploration:

 

 

 

 

 

 

 

 

Drilling

 

 

500

 

 

 

37,680

 

Expense

 

 

7,997

 

 

 

30,027

 

Stock-based compensation expense

 

 

507

 

 

 

2,298

 

Gas gathering facilities:

 

 

 

 

 

 

 

 

Development

 

 

1,455

 

 

 

3,595

 

Subtotal

 

 

263,061

 

 

 

3,725,217

 

Asset retirement obligations

 

 

1,715

 

 

 

(24,064

)

Total costs incurred

 

$

264,776

 

 

$

3,701,153

 

 

(a)

Includes costs incurred whether capitalized or expensed.