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Debt and Credit Agreements
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Debt and Credit Agreements
Debt and Credit Agreements
The Company’s debt and credit agreements consisted of the following:
(In thousands)
 
September 30,
2018
 
December 31,
2017
Total debt
 
 
 
 
6.51% weighted-average senior notes (1)
 
$
124,000

 
$
361,000

9.78% senior notes (2)
 
67,000

 
67,000

5.58% weighted-average senior notes
 
175,000

 
175,000

3.65% weighted-average senior notes
 
925,000

 
925,000

Revolving credit facility
 

 

Unamortized debt issuance costs
 
(5,152
)
 
(6,109
)
 
 
$
1,285,848

 
$
1,521,891

_______________________________________________________________________________
(1)
Includes $237.0 million of current portion of long-term debt at December 31, 2017, which the Company paid in July 2018.
(2)
Includes $67.0 million of current portion of long-term debt at September 30, 2018 and December 31, 2017, respectively.
The borrowing base under the terms of the Company's revolving credit facility is redetermined annually in April. In addition, either the Company or the banks may request an interim redetermination twice a year or in connection with certain acquisitions or divestitures of oil and gas properties. Effective April 18, 2018, the borrowing base and available commitments were reaffirmed at $3.2 billion and $1.7 billion, respectively. At September 30, 2018, the Company had no borrowings outstanding under its revolving credit facility and had unused commitments of $1.8 billion.
At September 30, 2018, the Company was in compliance with all restrictive financial covenants for both its revolving credit facility and senior notes.