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Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues        
Crude oil and natural gas sales $ 790,102 $ 1,112,998 $ 1,371,294 $ 2,085,145
Crude oil and natural gas sales to affiliates 0 25,087 1,400 55,273
Gain (loss) on derivative instruments, net (4,737) (262,524) 28,018 (302,198)
Crude oil and natural gas service operations 11,009 10,534 21,306 20,370
Total revenues 796,374 886,095 1,422,018 1,858,590
Operating costs and expenses        
Production expenses 91,667 84,236 183,021 160,211
Production expenses to affiliates 68 285 1,654 1,196
Production taxes and other expenses 61,545 97,025 109,908 175,327
Exploration expenses 109 11,205 14,449 16,018
Crude oil and natural gas service operations 7,092 5,979 10,986 14,053
Depreciation, depletion, amortization and accretion 452,957 326,871 839,469 599,732
Property impairments 76,872 79,316 224,432 137,524
General and administrative expenses 44,190 46,919 89,571 90,455
(Gain) loss on sale of assets, net (20,573) (2,135) (22,643) 6,363
Total operating costs and expenses 713,927 649,701 1,450,847 1,200,879
Income (loss) from operations 82,447 236,394 (28,829) 657,711
Other income (expense):        
Interest expense (78,442) (72,841) (153,505) (135,816)
Other 540 793 886 1,552
Total other income (expense) (77,902) (72,048) (152,619) (134,264)
Income (loss) before income taxes 4,545 164,346 (181,448) 523,447
Provision (benefit) for income taxes 4,142 60,808 (49,880) 193,675
Net income (loss) 403 103,538 (131,568) 329,772
Foreign Currency Transaction and Translation Gain (Loss) Arising During Period, Net of Tax 625 0 (2,480) 0
Other Comprehensive Income (Loss), Net of Tax (unaudited) 625 0 (2,480) 0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ 1,028 $ 103,538 $ (134,048) $ 329,772
Basic net income (loss) per share (in dollars per share) $ 0.00 $ 0.28 $ (0.36) $ 0.89
Diluted net income (loss) per share (in dollars per share) $ 0.00 $ 0.28 $ (0.36) $ 0.89