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Inventory
6 Months Ended
Jun. 30, 2012
Inventory [Abstract]  
Inventory

(4) INVENTORY

 

Inventory recorded in current assets includes $5.4 million at June 30, 2012 and $7.8 million at December 31, 2011, for natural gas in underground storage owned by the Company’s E&P segment, and $29.2 million at June 30, 2012 and $38.4 million at December 31, 2011, for tubular and other equipment used in the E&P segment.

 

Other Assets include $15.6 million at June 30, 2012 and $19.5 million December 31, 2011, respectively, for inventory held by the Midstream Services segment consisting primarily of pipe that will be used to construct gathering systems for the Fayetteville Shale play.