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Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues:        
Crude oil and natural gas sales $ 626,548 $ 525,711 $ 1,260,398 $ 929,302
Gain (loss) on crude oil and natural gas derivatives, net 28,022 (82,257) 74,880 (40,145)
Crude oil and natural gas service operations 6,916 7,757 11,636 15,227
Total revenues 661,486 451,211 1,346,914 904,384
Operating costs and expenses:        
Production expenses 82,474 74,083 155,328 152,724
Production taxes 41,965 39,141 83,198 69,634
Exploration expenses 3,204 1,674 8,202 4,739
Crude oil and natural gas service operations 4,478 3,576 7,315 6,618
Depreciation, depletion, amortization and accretion 395,770 441,761 777,926 905,752
Property impairments 123,316 66,112 174,689 145,039
General and administrative expenses 39,186 36,246 86,407 68,654
Net (gain) loss on sale of assets and other 134 (100,835) 5,669 (99,127)
Total operating costs and expenses 690,527 561,758 1,298,734 1,254,033
Income (loss) from operations (29,041) (110,547) 48,180 (349,649)
Other income (expense):        
Interest expense (72,744) (81,922) (143,916) (162,875)
Other 373 435 815 819
Total other income (expense) (72,371) (81,487) (143,101) (162,056)
Loss before income taxes (101,412) (192,034) (94,921) (511,705)
Benefit for income taxes 37,855 72,632 31,833 193,978
Net loss (63,557) (119,402) (63,088) (317,727)
Foreign currency translation adjustments 189 25 327 451
Total other comprehensive income, net of tax 189 25 327 451
Comprehensive loss $ (63,368) $ (119,377) $ (62,761) $ (317,276)
Basic net income (loss) per share (in dollars per share) $ (0.17) $ (0.32) $ (0.17) $ (0.86)
Diluted net income (loss) per share (in dollars per share) $ (0.17) $ (0.32) $ (0.17) $ (0.86)