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Condensed Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Contract drilling $ 133,420 $ 128,927 $ 421,198 $ 342,098
Oil and natural gas 131,420 134,897 397,745 376,393
Gas gathering and processing 52,935 60,688 159,977 144,820
Other (15) (667) 1,160 (566)
Total revenues 317,760 323,845 980,080 862,745
Contract drilling:        
Operating costs 72,988 73,004 223,980 190,086
Depreciation 20,094 20,818 62,660 57,333
Oil and natural gas:        
Operating costs 36,147 29,598 105,035 93,796
Depreciation, depletion and amortization 44,489 47,195 153,839 132,013
Impairment of oil and gas properties (Note 2) 0 0 115,874 0
Gas gathering and processing:        
Operating costs 46,267 53,299 136,243 119,143
Depreciation and amortization 5,884 4,017 16,330 11,627
General and administrative 8,434 7,800 23,814 22,188
Interest, net 7,087 1,351 11,455 2,078
Total operating expenses 241,390 237,082 849,230 628,264
Income before income taxes 76,370 86,763 130,850 234,481
Income tax expense (benefit):        
Current 2,516 (3,949) 450 (3,949)
Deferred 27,268 37,352 50,677 94,224
Total income taxes 29,784 33,403 51,127 90,275
Net income $ 46,586 $ 53,360 $ 79,723 $ 144,206
Net income per common share:        
Basic $ 0.97 $ 1.12 $ 1.66 $ 3.03
Diluted $ 0.97 $ 1.11 $ 1.66 $ 3.01