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Segment Information
 3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
We have two reportable operating segments, which are (1) oil and gas exploration and production and (2) contract drilling services.
 
The following tables present selected financial information regarding our operating segments for the three months ended March 31, 2014 and 2013:

For the Three Months Ended
 
 
 
 
 
 
 
 
March 31, 2014
 
 
 
 
 
 
 
 
(Unaudited)
 
 
 
Contract
 
Intercompany
 
Consolidated
(In thousands)
 
Oil and Gas
 
Drilling
 
Eliminations
 
Total
Revenues
 
$
117,720

 
$
13,420

 
$
(6,535
)
 
$
124,605

Depreciation, depletion and amortization (a)
 
37,382

 
3,168

 
(889
)
 
39,661

Other operating expenses (b)
 
45,447

 
9,914

 
(4,996
)
 
50,365

Interest expense
 
12,521

 
—

 
—

 
12,521

Other (income) expense
 
4,201

 
—

 
—

 
4,201

Income (loss) before income taxes
 
18,169

 
338

 
(650
)
 
17,857

Income tax (expense) benefit
 
(6,347
)
 
(118
)
 
—

 
(6,465
)
Net income (loss)
 
$
11,822

 
$
220

 
$
(650
)
 
$
11,392

Total assets
 
$
1,332,223

 
$
58,245

 
$
(27,638
)
 
$
1,362,830

Additions to property and equipment
 
$
85,193

 
$
7,657

 
$
(651
)
 
$
92,199


For the Three Months Ended
 
 
 
 
 
 
 
 
March 31, 2013
 
 
 
 
 
 
 
 
(Unaudited)
 
 
 
Contract
 
Intercompany
 
Consolidated
(In thousands)
 
Oil and Gas
 
Drilling
 
Eliminations
 
Total
Revenues
 
$
101,550

 
$
10,712

 
$
(5,395
)
 
$
106,867

Depreciation, depletion and amortization (a)
 
105,540

 
3,748

 
(688
)
 
108,600

Other operating expenses (b)
 
44,019

 
10,326

 
(5,195
)
 
49,150

Interest expense
 
10,571

 
—

 
—

 
10,571

Other (income) expense
 
4,586

 
—

 
—

 
4,586

Income (loss) before income taxes
 
(63,166
)
 
(3,362
)
 
488

 
(66,040
)
Income tax (expense) benefit
 
23,654

 
1,177

 
—

 
24,831

Net income (loss)
 
$
(39,512
)
 
$
(2,185
)
 
$
488

 
$
(41,209
)
Total assets
 
$
1,499,796

 
$
58,548

 
$
(25,479
)
 
$
1,532,865

Additions to property and equipment
 
$
68,592

 
$
260

 
$
488

 
$
69,340

_______
(a)
Includes impairment of property and equipment.
(b)
Includes the following expenses: production, exploration, midstream services, drilling rig services, accretion of asset retirement obligations, general and administrative and other operating expenses.