XML 33 R22.htm IDEA: XBRL DOCUMENT v3.4.0.3
Properties and Equipment (Tables)
3 Months Ended
Mar. 31, 2016
Oil and Gas Property [Abstract]  
Property, Plant and Equipment
The following table presents the components of properties and equipment, net of accumulated depreciation, depletion and amortization ("DD&A"):

 
March 31, 2016
 
December 31, 2015
 
(in thousands)
Properties and equipment, net:
 
 
 
Crude oil and natural gas properties
 
 
 
Proved
$
2,954,843

 
$
2,881,189

Unproved
60,806

 
60,498

Total crude oil and natural gas properties
3,015,649

 
2,941,687

Equipment and other
31,222

 
30,098

Land and buildings
12,111

 
9,015

Construction in progress
135,396

 
113,115

Properties and equipment, at cost
3,194,378

 
3,093,915

Accumulated DD&A
(1,251,880
)
 
(1,156,237
)
Properties and equipment, net
$
1,942,498

 
$
1,937,678

 
 
 
 
Impairment of natural gas and crude oil properties
The following table presents impairment charges recorded for crude oil and natural gas properties:

 
Three Months Ended March 31,
 
2016
 
2015
 
(in thousands)

 
 
 
Impairment of proved properties
$
969

 
$
293

Amortization of individually insignificant unproved properties
32

 
2,479

Impairment of crude oil and natural gas properties
$
1,001

 
$
2,772