Properties and Equipment, Net

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Properties and equipment, net are comprised of the following:



(In thousands)	March 31, 2015			December 31, 2014
Proved oil and gas properties	$	8,291,686		$	7,984,979
Unproved oil and gas properties	486,562			492,208
Gathering and pipeline systems	241,458			241,272
Land, building and other equipment	111,090			109,758
	9,130,796			8,828,217
Accumulated depreciation, depletion and amortization	(4,071,992		)	(3,902,506		)
	$	5,058,804		$	4,925,711

At March 31, 2015, the Company did not have any projects that had exploratory well costs that were capitalized for a period of greater than one year after drilling.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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