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Costs Incurred for Property Acquisition, Exploration and Development
6 Months Ended
Jun. 30, 2017
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

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

 

 

Six Months
Ended
June 30,

2017

 

 

Year

Ended
December 31, 2016

 

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

 

 

 

Acreage purchases

 

$

34,015

 

 

$

33,142

 

Oil and gas properties

 

 

6,875

 

 

 

3,098,772

 

Asset retirement obligations

 

 

 

 

 

21,908

 

Development

 

 

505,739

 

 

 

497,795

 

Exploration:

 

 

 

 

 

 

 

 

Drilling

 

 

706

 

 

 

37,680

 

Expense

 

 

21,968

 

 

 

30,027

 

Stock-based compensation expense

 

 

1,035

 

 

 

2,298

 

Gas gathering facilities:

 

 

 

 

 

 

 

 

Development

 

 

2,839

 

 

 

3,595

 

Subtotal

 

 

573,177

 

 

 

3,725,217

 

Asset retirement obligations

 

 

3,855

 

 

 

(24,064

)

Total costs incurred

 

$

577,032

 

 

$

3,701,153

 

 

(a)

Includes costs incurred whether capitalized or expensed.