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Consolidated Statement of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Natural gas sales $ 969,850us-gaap_NaturalGasProductionRevenue $ 824,266us-gaap_NaturalGasProductionRevenue $ 695,733us-gaap_NaturalGasProductionRevenue
Oil sales 260,170us-gaap_OilAndCondensateRevenue 109,138us-gaap_OilAndCondensateRevenue 114,241us-gaap_OilAndCondensateRevenue
Total operating revenues 1,230,020us-gaap_OilAndGasRevenue 933,404us-gaap_OilAndGasRevenue 809,974us-gaap_OilAndGasRevenue
Expenses:      
Lease operating expenses 96,496upl_LeaseOperatingExpenses 68,106upl_LeaseOperatingExpenses 63,823upl_LeaseOperatingExpenses
Liquids gathering system operating lease expense 20,306us-gaap_SaleLeasebackTransactionRentExpense 20,000us-gaap_SaleLeasebackTransactionRentExpense 645us-gaap_SaleLeasebackTransactionRentExpense
Production taxes 103,898upl_ProductionTaxes 72,398upl_ProductionTaxes 60,757upl_ProductionTaxes
Gathering fees 59,931upl_GatheringFees 52,074upl_GatheringFees 59,004upl_GatheringFees
Transportation charges 77,780upl_TransportationCharges 82,797upl_TransportationCharges 84,470upl_TransportationCharges
Depletion and depreciation 292,951us-gaap_DepletionOfOilAndGasProperties 243,390us-gaap_DepletionOfOilAndGasProperties 388,985us-gaap_DepletionOfOilAndGasProperties
Ceiling test and other impairments 0us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges 2,972,464us-gaap_AssetImpairmentCharges
General and Administrative Expense 19,069us-gaap_GeneralAndAdministrativeExpense 22,373us-gaap_GeneralAndAdministrativeExpense 25,104us-gaap_GeneralAndAdministrativeExpense
Total operating expenses 670,431us-gaap_CostsAndExpenses 561,138us-gaap_CostsAndExpenses 3,655,252us-gaap_CostsAndExpenses
Operating income (loss) 559,589us-gaap_OperatingIncomeLoss 372,266us-gaap_OperatingIncomeLoss (2,845,278)us-gaap_OperatingIncomeLoss
Other income (expense), net:      
Interest expense (126,157)us-gaap_InterestExpenseDebt (101,486)us-gaap_InterestExpenseDebt (88,180)us-gaap_InterestExpenseDebt
Gain (loss) on commodity derivatives 82,402us-gaap_GainLossOnSaleOfDerivatives (46,754)us-gaap_GainLossOnSaleOfDerivatives 73,581us-gaap_GainLossOnSaleOfDerivatives
Deferred gain on sale of liquids gathering system 10,553us-gaap_SaleLeasebackTransactionCurrentPeriodGainRecognized 10,553us-gaap_SaleLeasebackTransactionCurrentPeriodGainRecognized 0us-gaap_SaleLeasebackTransactionCurrentPeriodGainRecognized
Contract Cancellation Fees 0upl_ContractCancellationFees 0upl_ContractCancellationFees (15,469)upl_ContractCancellationFees
Gain on sale of property 8,022us-gaap_GainLossOnDispositionOfAssets1 0us-gaap_GainLossOnDispositionOfAssets1 0us-gaap_GainLossOnDispositionOfAssets1
Other income (expense) net 2,618upl_InterestExpenseIncomeNet (357)upl_InterestExpenseIncomeNet (1,765)upl_InterestExpenseIncomeNet
Total other income (expense), net (22,562)us-gaap_OtherNonoperatingIncomeExpense (138,044)us-gaap_OtherNonoperatingIncomeExpense (31,833)us-gaap_OtherNonoperatingIncomeExpense
Income (loss) before income tax (benefit) 537,027us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 234,222us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (2,877,111)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax (benefit) (5,824)us-gaap_IncomeTaxExpenseBenefit (3,616)us-gaap_IncomeTaxExpenseBenefit (700,213)us-gaap_IncomeTaxExpenseBenefit
Net income (loss) $ 542,851us-gaap_NetIncomeLoss $ 237,838us-gaap_NetIncomeLoss $ (2,176,898)us-gaap_NetIncomeLoss
Basic Earnings (Loss) per Share:      
Earnings Per Share, Basic $ 3.54us-gaap_EarningsPerShareBasic $ 1.55us-gaap_EarningsPerShareBasic $ (14.24)us-gaap_EarningsPerShareBasic
Fully Diluted Earnings (Loss) per Share:      
Earnings Per Share, Diluted $ 3.51us-gaap_EarningsPerShareDiluted $ 1.54us-gaap_EarningsPerShareDiluted $ (14.24)us-gaap_EarningsPerShareDiluted
Weighted average common shares outstanding - basic 153,136,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 152,963,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 152,845,000us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted average common shares outstanding - fully diluted 154,694,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 154,426,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 152,845,000us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding