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Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues        
Crude oil and natural gas sales $ 525,711 $ 790,102 $ 929,302 $ 1,371,294
Crude oil and natural gas sales to affiliates 0 0 0 1,400
Gain (loss) on crude oil and natural gas derivatives, net (82,257) (4,737) (40,145) 28,018
Crude oil and natural gas service operations 7,757 11,009 15,227 21,306
Total revenues 451,211 796,374 904,384 1,422,018
Operating costs and expenses        
Production expenses 74,083 91,667 152,724 183,021
Production expenses to affiliates 0 68 0 1,654
Production Tax Expense 39,141 61,545 69,634 109,908
Exploration expenses 1,674 109 4,739 14,449
Crude oil and natural gas service operations 3,576 7,092 6,618 10,986
Depreciation, depletion, amortization and accretion 441,761 452,957 905,752 839,469
Property impairments 66,112 76,872 145,039 224,432
General and administrative expenses 36,246 44,190 68,654 89,571
Net gain on sale of assets and other (100,835) (20,573) (99,127) (22,643)
Total operating costs and expenses 561,758 713,927 1,254,033 1,450,847
Income (loss) from operations (110,547) 82,447 (349,649) (28,829)
Other income (expense):        
Interest expense (81,922) (78,442) (162,875) (153,505)
Other 435 540 819 886
Total other income (expense) (81,487) (77,902) (162,056) (152,619)
Income (loss) before income taxes (192,034) 4,545 (511,705) (181,448)
Provision (benefit) for income taxes (72,632) 4,142 (193,978) (49,880)
Net income (loss) (119,402) 403 (317,727) (131,568)
Foreign Currency Transaction and Translation Loss Arising During Period, Net of Tax 25 625 451 (2,480)
Other Comprehensive Income (Loss), Net of Tax (unaudited) 25 625 451 (2,480)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $ (119,377) $ 1,028 $ (317,276) $ (134,048)
Basic net income (loss) per share (in dollars per share) $ (0.32) $ 0.00 $ (0.86) $ (0.36)
Diluted net income (loss) per share (in dollars per share) $ (0.32) $ 0.00 $ (0.86) $ (0.36)