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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Dec. 31, 2016
Operating Activities            
Net income $ 45,518 $ (17,571) [1] $ 213,771 $ 40,893 [1]    
Adjustments to reconcile net income to net cash provided by continuing operations activities:            
Loss (Income) from discontinued operations 398 217 [1] 835 (752) [1]    
Depreciation, depletion and amortization 237,997 234,992 [1] 468,730 471,146 [1]    
Dry hole costs (credits)     (11) 1,904    
Amortization of undeveloped leases     22,774 20,306    
Accretion of asset retirement obligations 11,028 10,428 [1] 20,942 20,984 [1]    
Deferred income tax (benefit) charge     (156,489) 33,130    
Pretax (gain) loss from disposition of assets (220) 1,333 118 (130,648)    
Net decrease in noncash operating working capital     85,440 42,581    
Other operating activities, net     (31,564) 91,918    
Net cash provided by continuing operations activities     624,546 591,462    
Investing Activities            
Property additions and dry hole costs     (615,144) (431,654)    
Proceeds from sales of property, plant and equipment     623 64,303    
Purchases of investment securities [2]       (212,661)    
Proceeds from maturity of investment securities [2]       284,193    
Net cash required by investing activities     (614,521) (295,819)    
Financing Activities            
Capital lease obligation payments     (4,648) (11,983)    
Withholding tax on stock-based incentive awards     (6,922) (7,081)    
Cash dividends paid     (86,517) (86,278)    
Net cash provided by financing activities     (98,087) (105,342)    
Effect of exchange rate changes on cash and cash equivalents     24,382 (4,611)    
Net increase (decrease) in cash and cash equivalents         $ (63,680) $ 185,690
Cash and cash equivalents at beginning of period     964,988 872,797 872,797  
Cash and cash equivalents at end of period $ 901,308 $ 1,058,487 $ 901,308 $ 1,058,487 $ 964,988 $ 872,797
[1] Reclassified to conform to current presentation (see Notes A and B).
[2] Investments are Canadian government securities with maturities greater than 90 days at the date of acquisition.