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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 25,458 $ 24,381
Receivables:    
Crude oil and natural gas sales 545,860 552,476
Affiliated parties 96 13,360
Joint interest and other, net 450,534 567,476
Derivative assets 50,214 52,423
Inventories 100,173 102,179
Deferred and prepaid taxes 13,283 63,266
Prepaid expenses and other 14,695 14,040
Total current assets 1,200,313 1,389,601
Net property and equipment, based on successful efforts method of accounting 14,169,202 13,635,852
Other noncurrent assets 22,015 31,992
Other noncurrent assets 18,321 18,588
Total assets 15,409,851 15,076,033
Current liabilities:    
Accounts payable trade 776,966 1,263,724
Revenues and royalties payable 255,166 272,755
Payables to affiliated parties 757 7,305
Accrued liabilities and other 280,231 404,506
Derivative liabilities 339 1,645
Current portion of long-term debt 2,110 2,078
Total current liabilities 1,315,569 1,952,013
Long-term debt, net of current portion 6,988,046 5,926,800
Other noncurrent liabilities:    
Deferred income tax liabilities 2,156,268 2,141,447
Asset retirement obligations, net of current portion 82,069 75,462
Noncurrent derivative liabilities 828 3,109
Other noncurrent liabilities 11,044 9,358
Total other noncurrent liabilities 2,250,209 $ 2,229,376
Commitments and contingencies (Note 7)    
Shareholders’ equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding 0 $ 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 373,074,092 shares issued and outstanding at June 30, 2015; 372,005,502 shares issued and outstanding at December 31, 2014 3,731 3,720
Additional paid-in capital 1,310,161 1,287,941
Accumulated Other Comprehensive Income (Loss), Net of Tax (2,865) (385)
Retained earnings 3,545,000 3,676,568
Total shareholders’ equity 4,856,027 4,967,844
Total liabilities and shareholders’ equity $ 15,409,851 $ 15,076,033