Suspended Well Costs

12 Months Ended

Dec. 31, 2018

Suspended Well Costs [Abstract]

Suspended Well Costs [Text Block]

Note 12 – Suspended Well Costs

The following table reflects the net changes in capitalized exploratory well costs during 2018, 2017, and 2016. The table does not include amounts that were capitalized and either subsequently expensed or reclassified to producing well costs in the same year:

	For the Years Ended December 31,
	2018			2017			2016
	(in thousands)
Beginning balance	$	49,446		$	19,846		$	11,952
Additions to capitalized exploratory well costs pending the determination of proved reserves	11,197			49,446			19,846
Divestitures	(109		)	—			—
Reclassifications to wells, facilities, and equipment based on the determination of proved reserves	(49,337		)	(19,846		)	(11,952		)
Capitalized exploratory well costs charged to expense	—			—			—
Ending balance	$	11,197		$	49,446		$	19,846

As of December 31, 2018, there were no exploratory well costs that were capitalized for more than one year.