Suspended Well Costs

12 Months Ended

Dec. 31, 2019

Suspended Well Costs [Abstract]

Suspended Well Costs [Text Block]

Note 15 – Suspended Well Costs

The following table reflects the net changes in capitalized exploratory well costs during 2019, 2018, and 2017. 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,
	2019			2018			2017
	(in thousands)
Beginning balance	$	11,197		$	49,446		$	19,846
Additions to capitalized exploratory well costs pending the determination of proved reserves	11,925			11,197			49,446
Divestitures	—			(109		)	—
Reclassifications to wells, facilities, and equipment based on the determination of proved reserves	(11,197		)	(49,337		)	(19,846		)
Capitalized exploratory well costs charged to expense	—			—			—
Ending balance	$	11,925		$	11,197		$	49,446

As of December 31, 2019, there were no exploratory well costs that were capitalized for more than one year.