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Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Major Components of Property and Equipment

The major components of property and equipment, at cost, are as follows:



	Estimated Useful Life	December 31,
	Estimated Useful Life	2012		2013
	Years	(In thousands)
Oil and gas properties	—	$	565,406	$	564,755
Equipment and other	3-39	19,052		17,237
Drilling rig	15	18,781		21,722
		$	603,239	$	603,714

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details