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Industry Segment Information (Tables)
3 Months Ended
Mar. 31, 2012
Industry Segment Information [Abstract]  
Revenue From Different Segments
     Three Months
Ended March 31,
 
     2012     2011  
     (In thousands)  

Revenues:

    

Contract drilling

   $ 152,459      $ 112,508   

Elimination of inter-segment revenue

     (11,553     (14,520
  

 

 

   

 

 

 

Contract drilling net of inter-segment revenue

     140,906        97,988   
  

 

 

   

 

 

 

Oil and natural gas

     133,772        109,834   
  

 

 

   

 

 

 

Gas gathering and processing

     74,255        57,008   

Elimination of inter-segment revenue

     (16,960     (17,244
  

 

 

   

 

 

 

Gas gathering and processing net of inter-segment revenue

     57,295        39,764   
  

 

 

   

 

 

 

Other

     455        (181
  

 

 

   

 

 

 

Total revenues

   $ 332,428      $ 247,405   
  

 

 

   

 

 

 

Operating income:

    

Contract drilling

   $ 43,405      $ 27,847   

Oil and natural gas

     45,966        38,785   

Gas gathering and processing

     4,548        6,936   
  

 

 

   

 

 

 

Total operating income (1)

     93,919        73,568   

General and administrative expense

     (7,004     (6,892

Interest expense, net

     (1,826     (54

Other

     455        (181
  

 

 

   

 

 

 

Income before income taxes

   $ 85,544      $ 66,441