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Business Segment Information (Tables)
9 Months Ended
Sep. 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)
 
Midstream Services
 
All Other (3)
 
Consolidated Total
Three Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Revenues
$
165,134

 
$
14,754

 
$
20,812

 
$
1,608

 
$
202,308

Inter-segment revenue

 
(10,182
)
 
(11,974
)
 

 
(22,156
)
Total revenues
$
165,134

 
$
4,572

 
$
8,838

 
$
1,608

 
$
180,152

Loss from operations
$
(988,903
)
 
$
(27,723
)
 
$
(2,090
)
 
$
(41,017
)
 
$
(1,059,733
)
Interest expense
(3
)
 

 

 
(76,997
)
 
(77,000
)
Gain on extinguishment of debt

 

 

 
340,699

 
340,699

Other (expense) income, net
(109
)
 
3

 
20

 
(340
)
 
(426
)
(Loss) income before income taxes
$
(989,015
)
 
$
(27,720
)
 
$
(2,070
)
 
$
222,345

 
$
(796,460
)
Capital expenditures(4)
$
106,013

 
$
259

 
$
3,719

 
$
3,306

 
$
113,297

Depreciation, depletion, amortization and accretion
$
67,652

 
$
3,966

 
$
2,984

 
$
4,410

 
$
79,012

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Revenues
$
359,613

 
$
51,082

 
$
31,132

 
$
1,224

 
$
443,051

Inter-segment revenue

 
(29,734
)
 
(19,210
)
 

 
(48,944
)
Total revenues
$
359,613

 
$
21,348

 
$
11,922

 
$
1,224

 
$
394,107

Income (loss) from operations
$
275,191

 
$
(1,155
)
 
$
(3,218
)
 
$
(14,327
)
 
$
256,491

Interest expense

 

 

 
(59,783
)
 
(59,783
)
Other (expense) income, net
(38
)
 
(89
)
 
5

 
(151
)
 
(273
)
Income (loss) before income taxes
$
275,153

 
$
(1,244
)
 
$
(3,213
)
 
$
(74,261
)
 
$
196,435

Capital expenditures(4)
$
435,758

 
$
3,603

 
$
14,045

 
$
14,422

 
$
467,828

Depreciation, depletion, amortization and accretion
$
113,711

 
$
6,884

 
$
2,530

 
$
4,977

 
$
128,102

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2015
 
 
 
 
 
 
 
 
 
Revenues
$
575,411

 
$
56,545

 
$
63,123

 
$
3,802

 
$
698,881

Inter-segment revenue
(12
)
 
(36,887
)
 
(36,915
)
 

 
(73,814
)
Total revenues
$
575,399

 
$
19,658

 
$
26,208

 
$
3,802

 
$
625,067

Loss from operations
$
(3,554,661
)
 
$
(39,248
)
 
$
(9,118
)
 
$
(80,245
)
 
$
(3,683,272
)
Interest expense, net
(42
)
 

 

 
(213,527
)
 
(213,569
)
Gain on extinguishment of debt

 

 

 
358,633

 
358,633

Other income, net
1,067

 
3

 
33

 
105

 
1,208

(Loss) income before income taxes
$
(3,553,636
)
 
$
(39,245
)
 
$
(9,085
)
 
$
64,966

 
$
(3,537,000
)
Capital expenditures(4)
$
559,515

 
$
2,732

 
$
20,400

 
$
18,405

 
$
601,052

Depreciation, depletion, amortization and accretion
$
270,292

 
$
14,726

 
$
8,457

 
$
13,988

 
$
307,463

At September 30, 2015
 
 
 
 
 
 
 
 
 
Total assets
$
2,635,656

 
$
60,740

 
$
217,784

 
$
1,188,902

 
$
4,103,082

 
Exploration and Production(1)
 
Drilling and Oil Field Services(2)
 
Midstream Services
 
All Other (3)
 
Consolidated Total
Nine Months Ended September 30, 2014
 
 
 
 
 
 
 
 
 
Revenues
$
1,106,883

 
$
150,054

 
$
115,846

 
$
3,299

 
$
1,376,082

Inter-segment revenue
(26
)
 
(92,774
)
 
(71,405
)
 

 
(164,205
)
Total revenues
$
1,106,857

 
$
57,280

 
$
44,441

 
$
3,299

 
$
1,211,877

Income (loss) from operations
$
288,497

 
$
(6,605
)
 
$
(6,973
)
 
$
(58,679
)
 
$
216,240

Interest income (expense), net
138

 

 

 
(183,827
)
 
(183,689
)
Other (expense) income, net
(272
)
 
(561
)
 
5

 
3,987

 
3,159

Income (loss) before income taxes
$
288,363

 
$
(7,166
)
 
$
(6,968
)
 
$
(238,519
)
 
$
35,710

Capital expenditures(4)
$
1,056,568

 
$
10,877

 
$
25,810

 
$
27,282

 
$
1,120,537

Depreciation, depletion, amortization and accretion
$
333,109

 
$
22,256

 
$
7,480

 
$
15,453

 
$
378,298

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 $1.0 billion and $3.6 billion for the three and nine-month periods ended September 30, 2015, respectively, and $164.8 million for the nine-month period ended September 30, 2014.
(2)
(Loss) income from operations includes an impairment of $19.8 million on certain drilling assets for the three and nine-month periods ended September 30, 2015 and $3.1 million for certain drilling assets held for sale for the nine-month period ended September 30, 2014.
(3)
(Loss) income from operations for the three and nine-month periods ended September 30, 2015 includes an impairment of $15.4 million on property located in downtown Oklahoma City, Oklahoma. See Note 5.
(4)
On an accrual basis and exclusive of acquisitions.