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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Summarized Financial Information Concerning Segments
Summarized financial information concerning the Company’s segments is shown in the following table (in thousands):
 
Exploration and Production(1)
 
Drilling and Oil Field Services(2)(3)
 
Midstream Services
 
All Other
 
Consolidated Total
Three Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
Revenues
$
214,534

 
$
17,161

 
$
20,782

 
$
1,228

 
$
253,705

Inter-segment revenue
(2
)
 
(11,920
)
 
(12,176
)
 

 
(24,098
)
Total revenues
$
214,532

 
$
5,241

 
$
8,606

 
$
1,228

 
$
229,607

Loss from operations
$
(1,511,600
)
 
$
(3,754
)
 
$
(3,154
)
 
$
(16,575
)
 
$
(1,535,083
)
Interest expense
(23
)
 

 

 
(73,704
)
 
(73,727
)
Gain on extinguishment of debt

 

 

 
17,934

 
17,934

Other income, net
1,630

 
4

 
9

 
527

 
2,170

Loss before income taxes
$
(1,509,993
)
 
$
(3,750
)
 
$
(3,145
)
 
$
(71,818
)
 
$
(1,588,706
)
Capital expenditures(4)
$
151,440

 
$
598

 
$
8,249

 
$
7,279

 
$
167,566

Depreciation, depletion, amortization and accretion
$
95,430

 
$
5,000

 
$
2,793

 
$
4,694

 
$
107,917

 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
Revenues
$
339,906

 
$
51,891

 
$
38,420

 
$
1,105

 
$
431,322

Inter-segment revenue

 
(33,062
)
 
(23,546
)
 

 
(56,608
)
Total revenues
$
339,906

 
$
18,829

 
$
14,874

 
$
1,105

 
$
374,714

Income (loss) from operations
$
69,782

 
$
(2,347
)
 
$
(2,345
)
 
$
(23,011
)
 
$
42,079

Interest expense
(4
)
 

 

 
(61,859
)
 
(61,863
)
Other (expense) income, net
(49
)
 
(75
)
 

 
1,462

 
1,338

Income (loss) before income taxes
$
69,729

 
$
(2,422
)
 
$
(2,345
)
 
$
(83,408
)
 
$
(18,446
)
Capital expenditures(4)
$
356,568

 
$
6,654

 
$
5,808

 
$
7,907

 
$
376,937

Depreciation, depletion, amortization and accretion
$
98,357

 
$
7,661

 
$
2,509

 
$
5,216

 
$
113,743

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
Revenues
$
410,277

 
$
41,790

 
$
42,312

 
$
2,195

 
$
496,574

Inter-segment revenue
(13
)
 
(26,704
)
 
(24,942
)
 

 
(51,659
)
Total revenues
$
410,264

 
$
15,086

 
$
17,370

 
$
2,195

 
$
444,915

Loss from operations
$
(2,565,759
)
 
$
(11,526
)
 
$
(7,027
)
 
$
(39,227
)
 
$
(2,623,539
)
Interest expense, net
(40
)
 

 

 
(136,529
)
 
(136,569
)
Gain on extinguishment of debt

 

 

 
17,934

 
17,934

Other income, net
1,176

 

 
13

 
445

 
1,634

Loss before income taxes
$
(2,564,623
)
 
$
(11,526
)
 
$
(7,014
)
 
$
(157,377
)
 
$
(2,740,540
)
Capital expenditures(4)
$
453,503

 
$
2,472

 
$
16,681

 
$
15,100

 
$
487,756

Depreciation, depletion, amortization and accretion
$
202,640

 
$
10,760

 
$
5,473

 
$
9,578

 
$
228,451

At June 30, 2015
 
 
 
 
 
 
 
 
 
Total assets
$
3,708,676

 
$
91,905

 
$
221,064

 
$
1,413,403

 
$
5,435,048

 
Exploration and Production(1)
 
Drilling and Oil Field Services(2)(3)
 
Midstream Services
 
All Other
 
Consolidated Total
Six Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
Revenues
$
747,244

 
$
98,971

 
$
84,715

 
$
2,075

 
$
933,005

Inter-segment revenue

 
(63,039
)
 
(52,196
)
 

 
(115,235
)
Total revenues
$
747,244

 
$
35,932

 
$
32,519

 
$
2,075

 
$
817,770

Income (loss) from operations
$
13,306

 
$
(5,449
)
 
$
(3,756
)
 
$
(44,352
)
 
$
(40,251
)
Interest income (expense), net
139

 

 

 
(124,045
)
 
(123,906
)
Other (expense) income, net
(234
)
 
(473
)
 

 
4,139

 
3,432

Income (loss) before income taxes
$
13,211

 
$
(5,922
)
 
$
(3,756
)
 
$
(164,258
)
 
$
(160,725
)
Capital expenditures(4)
$
620,809

 
$
7,275

 
$
11,766

 
$
12,860

 
$
652,710

Depreciation, depletion, amortization and accretion
$
219,398

 
$
15,372

 
$
4,950

 
$
10,476

 
$
250,196

At December 31, 2014
 
 
 
 
 
 
 
 
 
Total assets
$
6,273,802

 
$
115,083

 
$
219,691

 
$
650,649

 
$
7,259,225

____________________
(1)
(Loss) income from operations includes full cost ceiling limitation impairments of $1.5 billion and $2.6 billion for the three and six-month periods ended June 30, 2015, respectively, and $164.8 million for the six-month period ended June 30, 2014.
(2)
(Loss) income from operations includes an impairment of $3.1 million on certain drilling assets held for sale for the three and six-month periods ended June 30, 2014.
(3)
Drilling and oilfield services assets with a net book value of approximately $20.0 million were reclassified as assets held for sale during the three-month period ended June 30, 2015.
(4)
On an accrual basis and exclusive of acquisitions.