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Oil and Gas Properties
9 Months Ended
Sep. 30, 2011
Oil and Gas Properties  
Oil and Gas Properties

 

10.                   Oil and Gas Properties

 

The following sets forth the net capitalized costs for oil and gas properties as of September 30, 2011 and December 31, 2010.

 

 

 

September 30,

 

December 31,

 

 

 

2011

 

2010

 

 

 

(In thousands)

 

Proved properties

 

$

1,934,392

 

$

1,655,217

 

Unproved properties

 

66,962

 

52,035

 

Total capitalized costs

 

2,001,354

 

1,707,252

 

Accumulated depreciation, depletion and amortization

 

(1,065,378

)

(983,119

)

Net capitalized costs

 

$

935,976

 

$

724,133