ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2016

Receivables [Abstract]

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE:

In our capacity as operator for our co-venturers, we incur drilling and other costs that we bill to the respective parties based on their working interests. We also receive payments for these billings and, in some cases, for billings in advance of incurring costs. Our accounts receivable are comprised of the following amounts:

	As of December 31,
	2016		2015
Other co-venturers	$	3,532	$	4,639
Trade	42,944		26,224
Unbilled accounts receivable	591		1,736
Other	1,397		15,432
Total accounts receivable	$	48,464	$	48,031