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Costs Incurred for Property Acquisition, Exploration and Development
 9 Months Ended
Sep. 30, 2015
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

(18) Costs Incurred for Property Acquisition, Exploration and Development (a)

 

 

Nine Months
Ended
September 30,

2015

 

 

Year Ended
December 31, 2014

 

 

 

(in thousands)

 

Acquisitions

 

$

—

 

 

$

404,252

(b)

Acreage purchases

 

 

45,416

 

 

 

226,475

 

Development

 

 

634,347

 

 

 

1,119,896

 

Exploration:

 

 

 

 

 

 

 

 

Drilling

 

 

78,059

 

 

 

180,925

 

Expense

 

 

14,975

 

 

 

58,979

 

Stock-based compensation expense

 

 

2,171

 

 

 

4,569

 

Gas gathering facilities:

 

 

 

 

 

 

 

 

Development

 

 

10,914

 

 

 

13,137

 

Subtotal

 

 

785,882

 

 

 

2,008,233

 

Asset retirement obligations

 

 

19,862

 

 

 

56,822

 

Total costs incurred

 

$

805,744

 

 

$

2,065,055

 

(a)

Includes costs incurred whether capitalized or expensed.

(b)

The year ended December 31, 2014 represents the EQT assets in Virginia we received as part of the Conger Exchange transaction.  The transaction was recorded at fair value and we also received $145.0 million in cash, before closing adjustments.