XML 188 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9

Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consists of the following (in thousands):

	December 31,
	2014				2013
Oil and natural gas properties
Proved(1)	$	11,707,147			$	10,972,816
Unproved	290,596				531,606
Total oil and natural gas properties	11,997,743				11,504,422
Less accumulated depreciation, depletion and impairment	(6,359,149		)		(5,762,969		)
Net oil and natural gas properties capitalized costs	5,638,594				5,741,453
Land	16,300				18,423
Non-oil and natural gas equipment(2)	602,392				600,603
Buildings and structures(3)	263,191				233,405
Total	881,883				852,431
Less accumulated depreciation and amortization	(305,420		)		(286,209		)
Other property, plant and equipment, net	576,463				566,222
Total property, plant and equipment, net	$	6,215,057			$	6,307,675

____________________

(1) Includes cumulative capitalized interest of approximately $38.1 million and $23.4 million at December 31, 2014 and 2013, respectively.

(2) Includes cumulative capitalized interest of approximately $4.3 million at both December 31, 2014 and 2013.

(3) Includes cumulative capitalized interest of approximately $17.1 million and $12.0 million at December 31, 2014 and 2013, respectively.

Capitalized Costs of Unproved Properties Excluded from Amortization

The following table summarizes the costs, by year incurred, related to unproved properties and pipe inventory, which were excluded from oil and natural gas properties subject to amortization at December 31, 2014 (in thousands):

					Year Cost Incurred
	Total				2014				2013				2012				2011 and Prior
Property acquisition	$	247,485			$	64,776			$	21,723			$	98,530			$	62,456
Exploration(1)	96,752				48,614				36,938				4,302				6,898
Total costs incurred	$	344,237			$	113,390			$	58,661			$	102,832			$	69,354

____________________

(1) Includes $53.6 million of pipe inventory costs incurred ($21.3 million in 2014, $30.7 million in 2013 and $1.6 million in 2012 and prior years).

X

- Details

Name:	us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 360

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.13)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 02

-Paragraph 13

-Subparagraph b

-Article 5

+ Details

Name:	us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the capitalized costs of unproved properties and major development projects that are excluded from capitalized costs being amortized. This includes the total costs excluded and, at a minimum, these categories of costs: acquisition costs, exploration costs, development costs in the case of significant development projects, and capitalized interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 932

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.4-10.(c)(7)(ii))

-URI http://asc.fasb.org/extlink&oid=27015464&loc=d3e511914-122862



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 10

-Paragraph c

-Subparagraph 3(ii)(A)

-Article 4

+ Details

Name:	us-gaap_ScheduleOfCapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration