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Condensed Consolidated Statement of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating revenue:    
Oil production $ 201,758 $ 151,995
Gas production 28,857 41,160
Natural gas liquids production 13,452 5,999
Other operational income 890 885
Total operating revenue 244,957 200,039
Operating expenses:    
Lease operating expenses 44,480 38,287
Transportation, processing and gathering expenses 3,657 1,820
Other operational expenses 42 662
Production taxes 3,378 2,535
Depreciation, depletion and amortization 84,575 67,669
Accretion expense 8,266 7,717
Salaries, general and administrative expenses 13,705 11,733
Incentive compensation expense 1,442 2,684
Derivative expense, net 485 2,180
Total operating expenses 160,030 135,287
Income from operations 84,927 64,752
Other (income) expenses:    
Interest expense 5,731 3,111
Interest income (31) (94)
Other income (420) (564)
Other expense   124
Total other expenses 5,280 2,577
Net income before income taxes 79,647 62,175
Provision for income taxes:    
Current 1,234  
Deferred 27,439 22,383
Total income taxes 28,673 22,383
Net income $ 50,974 $ 39,792
Basic earnings per share $ 1.03 $ 0.81
Diluted earnings per share $ 1.03 $ 0.81
Average shares outstanding 48,254 47,898
Average shares outstanding assuming dilution 48,299 47,939