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Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Oil and natural gas $ 96,619 $ 188,471 $ 309,944 $ 575,176
Contract drilling 65,022 120,652 215,114 341,530
Gas gathering and processing 50,752 91,851 156,881 277,687
Total revenues 212,393 400,974 681,939 1,194,393
Oil and natural gas:        
Operating costs 38,688 48,841 129,871 133,979
Depreciation, depletion, and amortization 57,159 70,033 202,378 200,958
Impairment of oil and natural gas properties (Note 2) 329,924 0 1,141,053 0
Contract drilling:        
Operating costs 35,486 66,727 123,717 197,025
Depreciation 14,255 22,560 42,533 61,194
Impairment of contract drilling equipment (Note 3) 0 0 8,314 0
Gas gathering and processing:        
Operating costs 40,314 78,558 125,081 238,166
Depreciation and amortization 10,976 10,272 32,518 29,972
General and administrative 7,643 10,172 26,637 30,409
(Gain) loss on disposition of assets 7,230 529 6,270 (9,092)
Total operating expenses 541,675 307,692 1,838,372 882,611
Income (loss) from operations (329,282) 93,282 (1,156,433) 311,782
Other income (expense):        
Interest, net (8,286) (4,280) (23,482) (12,201)
Gain (loss) on derivatives not designated as hedges (Note 10) 8,250 19,841 12,917 (9,234)
Other 16 (68) 38 3
Total other expense (20) 15,493 (10,527) (21,432)
Income (loss) before income taxes (329,302) 108,775 (1,166,960) 290,350
Income tax expense (benefit):        
Current (2,584) 5,451 (1,716) 23,721
Deferred (121,437) 35,802 (437,220) 87,802
Total income taxes (124,021) 41,253 (438,936) 111,523
Net income (loss) $ (205,281) $ 67,522 $ (728,024) $ 178,827
Net income (loss) per common share:        
Basic $ (4.18) $ 1.39 $ (14.83) $ 3.68
Diluted $ (4.18) $ 1.37 $ (14.83) $ 3.65