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Concentrations
12 Months Ended
Dec. 31, 2013
Concentrations [Abstract]  
Concentrations

(8) Concentrations

Significant Customers

We had oil and natural gas sales to three customers accounting for 63%, 24% and 6%, respectively, of total oil and natural gas revenues, excluding the effects of hedging activities, for the year ended December 31, 2013.  We had oil and natural gas sales to three customers accounting for 45%, 31% and 11%, respectively, of total oil and natural gas revenues, excluding the effects of hedging activities, for the year ended December 31, 2012. We had oil and natural gas sales to three customers accounting for 51%, 17% and 12%, respectively, of total oil and natural gas revenues, excluding the effects of hedging activities, for the year ended December 31, 2011.

Geographic Concentration

Virtually all of our current operations and proved reserves are concentrated in the Gulf of Mexico region.  Therefore, we are exposed to operational, regulatory and other risks associated with the Gulf of Mexico, including the risk of adverse weather conditions.  We maintain insurance coverage against some, but not all, of the operating risks to which our business is exposed.