-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Sum1sPK7Efs9hibXlW6O275zsBD9bfP6QexULqot06/HOIh4XiSWmKEl7RyPC35j 4qJBGm2DF0ZibFq0hotraA== 0001193125-09-172858.txt : 20090812 0001193125-09-172858.hdr.sgml : 20090812 20090812150357 ACCESSION NUMBER: 0001193125-09-172858 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 20 CONFORMED PERIOD OF REPORT: 20090630 FILED AS OF DATE: 20090812 DATE AS OF CHANGE: 20090812 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PIONEER NATURAL RESOURCES CO CENTRAL INDEX KEY: 0001038357 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 752702753 STATE OF INCORPORATION: DE FISCAL YEAR END: 1206 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-13245 FILM NUMBER: 091006526 BUSINESS ADDRESS: STREET 1: 200 WILLIAMS SQUARE WEST STREET 2: 5205 N OCONNOR BLVD CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9724449001 MAIL ADDRESS: STREET 1: 200 WILLIAMS SQUARE WEST STREET 2: 5205 N OCONNOR BLVD CITY: IRVING STATE: TX ZIP: 75039 10-Q/A 1 d10qa.htm AMENDMENT NO. 1 TO FORM 10-Q Amendment No. 1 to Form 10-Q

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 10-Q/A

Amendment No. 1

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2009

or

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from              to             

Commission File Number: 1-13245

PIONEER NATURAL RESOURCES COMPANY

(Exact name of Registrant as specified in its charter)

 

Delaware   75-2702753

(State or other jurisdiction of

incorporation or organization)

 

(I.R.S. Employer

Identification No.)

5205 N. O’Connor Blvd., Suite 200, Irving, Texas   75039
(Address of principal executive offices)   (Zip Code)

 

(972) 444-9001

(Registrant’s telephone number, including area code)
Not applicable
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes x No ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

Yes x No ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

 

Large accelerated filer

   x          Accelerated filer       ¨

Non-accelerated filer

   ¨    (Do not check if a smaller reporting company)    Smaller reporting company    ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ¨ No x

Number of shares of Common Stock outstanding as of August 6, 2009                          115,064,128

 

 

 


PIONEER NATURAL RESOURCES COMPANY

 

Explanatory Note

Pioneer Natural Resources Company (the “Company”) is amending its Quarterly Report on Form 10-Q for the quarter ended June 30, 2009, filed on August 10, 2009 (the “original filing date”) to provide Exhibit 101 in accordance with Rule 405 (a)(2) of Regulation S-T.

No other changes have been made to the Form 10-Q. This Form 10-Q/A speaks as of the original filing date of the Form 10-Q, does not reflect events that may have occurred subsequent to the original filing date, and does not modify or update in any way disclosures made in the Form 10-Q.

Pursuant to Rule 406T of Regulation S-T, the interactive data files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.


PIONEER NATURAL RESOURCES COMPANY

 

Item 6. Exhibits

Exhibits

 

Exhibit

Number

          

Description

10.1     —      Second Amendment to the Pioneer Natural Resources Company 2006 Long Term Incentive Plan effective May 28, 2009 (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K, File No. 1-13245, filed with the SEC on May 28, 2009).
10.2     —      Third Amendment to the Pioneer Natural Resources Company 2006 Long Term Incentive Plan effective January 1, 2009 (incorporated by reference to Exhibit 10.1 to the Company’s Current Report on Form 8-K, File No. 1-13245, filed with the SEC on June 18, 2009).
10.3     —      Fourth Amendment to the Pioneer Natural Resources Company 2006 Long Term Incentive Plan effective January 1, 2009 (incorporated by reference to Exhibit 10.2 to the Company’s Current Report on Form 8-K, File No. 1-13245, filed with the SEC on June 18, 2009).
10.4   (a)   —      Amendment No. 1 to the Company’s Amended and Restated Executive Deferred Compensation Plan, effective January 1, 2009.
10.5   (a)   —      First Amendment to the Pioneer USA 401(k) and Matching Plan, effective January 1, 2009.
31.1   (a)   —      Chief Executive Officer certification under Section 302 of Sarbanes-Oxley Act of 2002.
31.2   (a)   —      Chief Financial Officer certification under Section 302 of Sarbanes-Oxley Act of 2002.
32.1   (b)   —      Chief Executive Officer certification under Section 906 of Sarbanes-Oxley Act of 2002.
32.2   (b)   —      Chief Financial Officer certification under Section 906 of Sarbanes-Oxley Act of 2002.
101.INS   (c)   —      XBRL Instance Document.
101.SCH   (c)   —      XBRL Taxonomy Extension Schema
101.CAL   (c)   —      XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF   (c)   —      XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB   (c)   —      XBRL Taxonomy Extension Label Linkbase Document.
101.PRE   (c)   —      XBRL Taxonomy Extension Presentation Linkbase Document.

 

(a)

Previously filed.

(b)

Previously furnished.

(c)

Furnished herewith.


PIONEER NATURAL RESOURCES COMPANY

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.

 

    PIONEER NATURAL RESOURCES COMPANY

Date: August 12, 2009

   

By:

 

/s/ Richard P. Dealy

       

Richard P. Dealy

       

Executive Vice President and Chief

       

Financial Officer

Date: August 12, 2009

   

By:

 

/s/ Frank W. Hall

       

Frank W. Hall

       

Vice President and Chief

       

Accounting Officer

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TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Short Put</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">44.70</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">41.47</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">43.31</font></td> </tr> <tr> <td height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">2010 &#8211; Swap Contracts</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Volume (Bbl)</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; 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TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">2010 &#8211; Collar Contracts with Short Puts</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Volume (Bbl)</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">24,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">24,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">24,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">24,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">24,000</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Price per Bbl:</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Ceiling</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">83.46</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">83.46</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">83.46</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">83.46</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">83.46</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Floor</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">66.08</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">66.08</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">66.08</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">66.08</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">66.08</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Short</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">53.42</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">53.42</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">53.42</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">53.42</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">53.42</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">2011 &#8211; Collar Contracts</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Volume (Bbl)</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Price per Bbl:</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Ceiling</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">170.00</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">170.00</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">170.00</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">170.00</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">170.00</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 7em; 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The effective portions of the discontinued deferred hedges as of January&#160;31, 2009 are included in accumulated other comprehensive income &#8211; deferred hedge gains, net of tax (&#8220;AOCI &#8211; Hedging&#8221;), in the stockholders&#8217; equity section of the accompanying consolidated balance sheets, and are being reclassified to earnings during the same periods in which the hedged transactions are recognized in the Company&#8217;s earnings. 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The Company recorded a net loss attributable to the noncontrolling interests (principally related to Pioneer Southwest) for the three months ended June&#160;30, 2009 of $522 thousand, net income of $3.3 million for the six months ended June&#160;30, 2009, and net income of $6.2 million and $7.0 million for the three and six months ended June&#160;30, 2008, respectively. 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As of December&#160;31, 2008, the Company&#8217;s commodities inventories were net of $159 thousand of valuation allowances.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size= "2"><b><i>Derivatives and hedging.</i></b> Prior to December 2008, the Company had elected to designate the majority of its commodity derivative instruments as cash flow hedges. During December 2008, the Company began entering into commodity derivative contracts that were not designated as hedges under SFAS No.&#160;133, &#8220;Accounting for Derivative Instruments and Hedging Activities&#8221; (&#8220;SFAS 133&#8221;). Changes in the fair values of non-hedge derivative instruments are recognized as gains or losses in the earnings of the period in which they occur. Effective February&#160;1, 2009, the Company discontinued hedge accounting on all existing hedge contracts. The effective portions of the discontinued deferred hedges as of January&#160;31, 2009 are included in accumulated other comprehensive income &#8211; deferred hedge gains, net of tax (&#8220;AOCI &#8211; Hedging&#8221;), in the stockholders&#8217; equity section of the accompanying consolidated balance sheets, and are being reclassified to earnings during the same periods in which the hedged transactions are recognized in the Company&#8217;s earnings. For the period from February&#160;1, 2009 through June&#160;30, 2009, the Company recognized, and in the future will recognize, all changes in the fair values of its derivative contracts as gains or losses in the earnings of the period in which they occur.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size="2">In accordance with Financial Accounting Standards Board (&#8220;FASB&#8221;) Interpretation No.&#160;39, &#8220;Offsetting of Amounts Related to Certain Contracts&#8221; (&#8220;FIN 39&#8221;), the Company classifies the fair value amounts of derivative assets and liabilities executed under master netting arrangements as net derivative assets or net derivative liabilities by commodity, whichever the case may be. Net derivative asset values are determined, in part, by utilization of the derivative counterparties&#8217; credit-adjusted risk-free rate curves and net derivative liabilities are determined, in part, by utilization of the Company&#8217;s credit-adjusted risk-free rate curve. The credit-adjusted risk-free rates are based on an independent market-quoted credit default swap rate curve for the Company&#8217;s or the counterparties&#8217; debt plus the United States Treasury Bill yield curve as of June&#160;30, 2009.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size= "2"><b><i>Goodwill.</i></b> In accordance with SFAS No.&#160;142, &#8220;Goodwill and Other Intangible Assets,&#8221; goodwill is assessed for impairment whenever events or circumstances indicate that impairment of the carrying value of goodwill is likely, but no less often than annually. 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This compensation will be recognized over the remaining vesting periods of the awards, which on a weighted average basis is a period of less than three years.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size="2"><b><i>New accounting pronouncements.</i></b> In September 2006, the Financial Accounting Standards Board (&#8220;FASB&#8221;) issued SFAS No.&#160;157, &#8220;Fair Value Measures&#8221; (&#8220;SFAS 157&#8221;). SFAS 157 defines fair value, establishes a framework for measuring fair value and enhances disclosures about fair value measures required under other accounting pronouncements, but does not change existing guidance as to whether or not an instrument is carried at fair value. During February 2008, the FASB issued FASB Staff Position No.&#160;157-2, &#8220;FSP FAS 157-2&#8221; (&#8220;FSP FAS 157-2&#8221;). FSP FAS 157-2 delayed the effective date of SFAS 157 for nonfinancial assets and nonfinancial liabilities until fiscal years beginning after November&#160;15, 2008, except for items that are recognized or disclosed at fair value in the financial statements on a recurring basis at least annually. On January&#160;1, 2009, the Company adopted the remaining provisions of SFAS 157, for which delayed adoption was provided under FSP FAS 157-2.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size="2">In December 2007, the FASB issued SFAS No.&#160;141(R), &#8220;Business Combinations&#8221; (&#8220;SFAS 141(R)&#8221;). SFAS 141(R) replaces SFAS 141 and provides greater consistency in the accounting and financial reporting of business</font> <font face= "Times New Roman" size="2">combinations. SFAS 141(R) requires the acquiring entity in a business combination to recognize all assets acquired and liabilities assumed in the transaction and any noncontrolling interest in the acquired entity at the acquisition date, measured at their fair values as of the date that the acquirer achieves control over the business acquired. This includes the measurement of the acquirer&#8217;s shares issued in consideration for a business combination, the recognition of contingent consideration, the recognition of pre-acquisition contractual and certain non-contractual gain and loss contingencies, the recognition of capitalized research and development costs and the recognition of changes in the acquirer&#8217;s income tax valuation allowance and deferred taxes. The provisions of SFAS 141(R) also require that restructuring costs resulting from the business combination that the acquirer expects but is not required to incur and costs incurred to effect the acquisition be recognized separate from the business combination. SFAS 141(R) is effective for fiscal years and interim periods within those fiscal years, beginning on or after December&#160;15, 2008, and is to be applied prospectively as of the beginning of the fiscal year in which the statement is applied. The Company became subject to the provisions of SFAS 141(R) on January&#160;1, 2009.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size="2">In December 2007, the FASB issued SFAS 160. SFAS 160 amends Accounting Research Bulletin (&#8220;ARB&#8221;) No.&#160;51, &#8220;Consolidated Financial Statements,&#8221; to establish accounting and reporting standards for the noncontrolling interest in a subsidiary and for the deconsolidation of a subsidiary. SFAS 160 clarifies that a noncontrolling interest in a subsidiary, which is sometimes referred to as minority interest, is an ownership interest in the consolidated entity that should be reported as a component of equity in the consolidated financial statements. Among other requirements, SFAS&#160;160 requires consolidated earnings to be reported at amounts that include the amounts attributable to both the parent and the noncontrolling interest. 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See Note G for disclosures about the Company&#8217;s derivative instruments and hedging activities.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size="2">In May 2008, the FASB issued FASB Staff Position No. APB 14-1, &#8220;Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement)&#8221; (&#8220;FSP APB 14-1&#8221;). FSP APB 14-1 specifies that issuers of such instruments should separately account for the liability and equity components in a manner that will reflect the entity&#8217;s nonconvertible debt borrowing rate when interest cost is recognized in subsequent periods. The Company adopted the provisions of FSP APB 14-1 on January&#160;1, 2009. The adoption of FSP APB 14-1 increases the annual interest expense that the Company recognizes on its $480 million of 2.875% convertible senior notes due 2038 (&#8220;2.875% Convertible Senior Notes&#8221;) from an annual yield of 2.875 percent to 6.75 percent, the annual yield equivalent to a nonconvertible debt borrowing at the time of issuance. The adoption of FSP APB 14-1 also resulted in the reclassification of the estimated issuance date fair value of the 2.875% Convertible Senior Notes conversion privilege from long-term debt to shareholders&#8217; equity in the accompanying consolidated balance sheets. See &#8220;Reclassifications and retrospective adjustments&#8221; and Note F for additional information regarding the Company&#8217;s adoption of FSP APB 14-1.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size="2">In June 2008, the FASB issued FASB Staff Position No. EITF 03-6-1, &#8220;Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities&#8221; (&#8220;FSP EITF 03-6-1&#8221;), which addresses whether instruments granted in share-based payment transactions are participating securities prior to vesting and, therefore, need to be included in the net income (loss) allocation in computing basic and diluted earnings per share under the two class method prescribed under SFAS 128, &#8220;Earnings per Share&#8221;. 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During 2007, the Company drilled the Hansen #1A L1 well, a lateral sidetrack from an existing wellbore, to appraise the resource potential of the unit. The initial unstimulated production test results were encouraging. As a result, the Company began permitting and facilities planning during 2008 to further evaluate the unit&#8217;s resource potential. During 2009, the Company plans to continue with permitting, progress engineering studies and develop plans for a second well to be drilled in 2010 to further delineate the extent of the unit&#8217;s resource potential.</font></p> <p style="MARGIN-TOP: 12px; MARGIN-BOTTOM: 0px; TEXT-INDENT: 4%" align="justify"><font face="Times New Roman" size="2"><b>Tunisia &#8211; Cherouq.</b> The Company has $17.6 million and $5.0 million of suspended well costs recorded for the Hayaat #1 and Hilal #1 wells, respectively, in the Company&#8217;s Cherouq production concession area, which is operated by the Company. 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TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Volume (Bbl)</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">5,500</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">10,500</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">8,000</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Price per Bbl</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">74.72</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">62.99</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">67.02</font></td> </tr> <tr> <td height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">2009 &#8211; Collar Contracts</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Volume (Bbl)</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Price per Bbl:</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Ceiling</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">70.38</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">70.38</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">70.38</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Floor</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">52.00</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">52.00</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">52.00</font></td> </tr> <tr> <td height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">2009 &#8211; Collar Contracts with Short Puts</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Volume (Bbl)</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">20,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">15,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">17,500</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Price per Bbl:</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Ceiling</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">62.38</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">69.72</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">65.52</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Floor</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">51.40</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">51.47</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">51.43</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 7em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Short Put</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">44.70</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">41.47</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">$</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">43.31</font></td> </tr> <tr> <td height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> <td colspan="3" height="8"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">2010 &#8211; Swap Contracts</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 5em; TEXT-INDENT: -1em"><font face= "Times New Roman" size="2">Volume (Bbl)</font></p> </td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> <td valign="bottom"><font size="1">&#160;&#160;</font></td> <td valign="bottom"><font face="Times New Roman" size= "2">&#160;</font></td> <td valign="bottom" align="right"><font face="Times New Roman" size="2">2,000</font></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 5em; 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The Company uses derivative contracts to mitigate gas price volatility and reduce basis risk between NYMEX prices and actual index prices upon which the gas is sold. 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No authoritative reference available. true 31 3 us-gaap_EarningsPerShareBasicAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 32 4 us-gaap_IncomeLossFromContinuingOperationsPerBasicShare us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true -0.82 -0.82 false false 2 true true 1.24 1.24 [1] false false 3 true true -0.95 -0.95 false false 4 true true 2.26 2.26 [1] false false No definition available. No authoritative reference available. false 33 4 us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true 0.02 0.02 false false 2 true true 0.06 0.06 [1] false false 3 true true 0.02 0.02 false false 4 true true 0.12 0.12 [1] false false No definition available. No authoritative reference available. false 34 4 us-gaap_EarningsPerShareBasic us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true -0.80 -0.80 false false 2 true true 1.30 1.30 [1] false false 3 true true -0.93 -0.93 false false 4 true true 2.38 2.38 [1] false false No definition available. No authoritative reference available. true 35 3 us-gaap_EarningsPerShareDilutedAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 36 4 us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true -0.82 -0.82 false false 2 true true 1.23 1.23 [1] false false 3 true true -0.95 -0.95 false false 4 true true 2.25 2.25 [1] false false No definition available. No authoritative reference available. false 37 4 us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true 0.02 0.02 false false 2 true true 0.06 0.06 [1] false false 3 true true 0.02 0.02 false false 4 true true 0.12 0.12 [1] false false No definition available. No authoritative reference available. false 38 4 us-gaap_EarningsPerShareDiluted us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true -0.80 -0.80 false false 2 true true 1.29 1.29 [1] false false 3 true true -0.93 -0.93 false false 4 true true 2.37 2.37 [1] false false No definition available. No authoritative reference available. true 39 3 us-gaap_SharesUsedInComputationOfEarningsLossPerShareAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 40 4 us-gaap_WeightedAverageNumberOfSharesOutstandingBasic us-gaap true na duration shares No definition available. false false false false false false false false false 1 false true 113979000 113979 false false 2 false true 118363000 118363 [1] false false 3 false true 114116000 114116 false false 4 false true 118149000 118149 [1] false false No definition available. No authoritative reference available. false 41 4 us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding us-gaap true na duration shares No definition available. false false false false false false false false false 1 false true 113979000 113979 false false 2 false true 119370000 119370 [1] false false 3 false true 114116000 114116 false false 4 false true 118816000 118816 [1] false false No definition available. No authoritative reference available. false 42 3 us-gaap_CommonStockDividendsPerShareDeclared us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true 0.00 0.00 false false 2 true true 0.00 0.00 [1] false false 3 true true 0.04 0.04 false false 4 true true 0.14 0.14 [1] false false No definition available. No authoritative reference available. false 43 3 pxd_IncomeAmountsAttributableToReportingEntityDisclosuresAbstract pxd false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 44 4 us-gaap_IncomeLossFromContinuingOperations us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -94323000 -94323 false false 2 false true 149343000 149343 [1] false false 3 false true -107958000 -107958 false false 4 false true 270262000 270262 [1] false false No definition available. No authoritative reference available. false 45 4 pxd_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity pxd false credit duration monetary No definition available. false false false false false false false false false 1 false true 2731000 2731 false false 2 false true 7351000 7351 [1] false false 3 false true 1761000 1761 false false 4 false true 14391000 14391 [1] false false No definition available. No authoritative reference available. false 46 4 us-gaap_NetIncomeLoss us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 true true -91592000 -91592 false false 2 true true 156694000 156694 [1] false false 3 true true -106197000 -106197 false false 4 true true 284653000 284653 [1] false false No definition available. No authoritative reference available. false 1 Retrospectively adjusted as described in Note B. false 4 42 false Thousands Thousands Hundreds false true XML 11 R4.xml IDEA: Statement Of Shareholders Equity And Other Comprehensive Income 1.0.0.3 true Statement Of Shareholders Equity And Other Comprehensive Income (USD $) In Thousands false 1 $ true false false false Shares Outstanding us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi pxd_CommonStockSharesMember us-gaap_StatementEquityComponentsAxis explicitMember Shares Standard http://www.xbrl.org/2003/instance shares 0 false 2 $ true false false false Common Stock us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_CommonStockMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 3 $ true false false false Additional Paid-in Capital us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_AdditionalPaidInCapitalMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 4 $ true false false false Treasury Stock us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_TreasuryStockMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 5 $ true false false false Retained Earnings us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_RetainedEarningsMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 false 6 $ true false false false Accumulated Other Comprehensive Income [Member] us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_AccumulatedOtherComprehensiveIncomeMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 7 $ true false false false Noncontrolling Interest us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi pxd_NoncontrollingInterestMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 false 8 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 6 3 pxd_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest pxd false credit instant monetary No definition available. false false false true false false true false false 1 false false 0 0 true false 2 true true 1246000 1246 [1] true false 3 true true 2909735000 2909735 [1] true false 4 true true -411659000 -411659 [1] true false 5 true true 988786000 988786 [1] true false 6 true true 88788000 88788 [1] true false 7 true true 103963000 103963 [1] true false 8 true true 3680859000 3680859 [1] false false No definition available. No authoritative reference available. false 5 3 pxd_SharesOutstanding pxd false na instant shares No definition available. false false false true false false true false false 1 false true 114546000 114546 [1] true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 false false No definition available. No authoritative reference available. false 7 3 us-gaap_CashDividends us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false true -4696000 -4696 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true -4696000 -4696 false false No definition available. No authoritative reference available. false 8 3 us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised us-gaap true na duration shares No definition available. false false false false false false false false false 1 false true 132000 132 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 false false No definition available. No authoritative reference available. false 9 3 us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false true 5202000 5202 true false 5 false true -2667000 -2667 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true 2535000 2535 false false No definition available. No authoritative reference available. false 10 3 us-gaap_TreasuryStockSharesAcquired us-gaap true na duration shares No definition available. false false false false false false false false false 1 false true -1225000 -1225 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 false false No definition available. No authoritative reference available. false 11 3 us-gaap_TreasuryStockValueAcquiredCostMethod us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false true -20141000 -20141 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false true -258000 -258 true false 8 false true -20399000 -20399 false false No definition available. No authoritative reference available. false 12 3 us-gaap_AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false true -3918000 -3918 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true -3918000 -3918 false false No definition available. No authoritative reference available. false 13 3 us-gaap_ShareBasedCompensationAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 false false No definition available. false 14 4 pxd_StockIssuedOrVestedDuringPeriodSharesStockAwards pxd false na duration shares No definition available. false false false false false false false false false 1 false true 569000 569 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 false false No definition available. No authoritative reference available. false 15 4 pxd_StockIssuedOrVestedDuringPeriodValueStockAwards pxd false credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false true 5000 5 true false 3 false true -5000 -5 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false true 0 0 false false No definition available. No authoritative reference available. false 16 4 us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationCost us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false true 19127000 19127 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false true 96000 96 true false 8 false true 19223000 19223 false false No definition available. No authoritative reference available. false 17 3 pxd_ContributionsFromNoncontrollingInterests pxd false credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false true 150000 150 true false 8 false true 150000 150 false false No definition available. No authoritative reference available. false 18 3 us-gaap_MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false true -10050000 -10050 true false 8 false true -10050000 -10050 false false No definition available. No authoritative reference available. false 19 3 pxd_ProfitLoss pxd false credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false true -106197000 -106197 true false 6 false false 0 0 true false 7 false true 3271000 3271 true false 8 false true -102926000 -102926 false false No definition available. No authoritative reference available. false 21 4 us-gaap_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecreaseAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 false false No definition available. false 22 5 us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false true 10477000 10477 true false 7 false true 3692000 3692 true false 8 false true 14169000 14169 false false No definition available. No authoritative reference available. false 23 5 us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false false 0 0 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false true -22628000 -22628 true false 7 false true -11233000 -11233 true false 8 false true -33861000 -33861 false false No definition available. No authoritative reference available. false 24 3 pxd_SharesOutstanding pxd false na instant shares No definition available. false false false true false false false true false 1 false true 114022000 114022 true false 2 false false 0 0 true false 3 false false 0 0 true false 4 false false 0 0 true false 5 false false 0 0 true false 6 false false 0 0 true false 7 false false 0 0 true false 8 false false 0 0 false false No definition available. No authoritative reference available. false 25 3 pxd_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest pxd false credit instant monetary No definition available. false false false true false false false true false 1 false false 0 0 true false 2 true true 1251000 1251 true false 3 true true 2924939000 2924939 true false 4 true true -426598000 -426598 true false 5 true true 875226000 875226 true false 6 true true 76637000 76637 true false 7 true true 89631000 89631 true false 8 true true 3541086000 3541086 false false No definition available. No authoritative reference available. false 1 Retrospectively adjusted as described in Note B. false 8 20 false Thousands Thousands UnKnown false true XML 12 R9.xml IDEA: Document Information 1.0.0.3 false Document Information false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 2 0 dei_DocumentInformationTextBlock dei false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false No definition available. false 3 1 dei_DocumentType dei false na duration normalizedstring No definition available. false false false false false false false false false 1 false false 0 0 10-Q 10-Q false false No definition available. No authoritative reference available. false 4 1 dei_AmendmentFlag dei false na duration na No definition available. false false false false false false false false false 1 false false 0 0 false false false false No definition available. No authoritative reference available. false 5 1 dei_AmendmentDescription dei false na duration string No definition available. false false false false false false false false false 1 false false 0 0 N.A. N.A. false false No definition available. No authoritative reference available. false 6 1 dei_DocumentPeriodEndDate dei false na duration date No definition available. false false false false false false false false false 1 false false 0 0 2009-06-30 2009-06-30 false false No definition available. No authoritative reference available. false false 1 5 false UnKnown UnKnown UnKnown false true XML 13 R6.xml IDEA: Statement Of Cash Flows Indirect 1.0.0.3 false Statement Of Cash Flows Indirect (USD $) In Thousands false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 false 2 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 false 3 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 false 4 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 5 3 us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 6 4 pxd_ProfitLoss pxd false credit duration monetary No definition available. false false false false false false false false false 1 true true -92114000 -92114 false false 2 true true 162921000 162921 [1] false false 3 true true -102926000 -102926 false false 4 true true 291618000 291618 [1] false false No definition available. No authoritative reference available. false 7 4 pxd_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract pxd false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 8 5 pxd_DepreciationDepletionAndAmortization pxd false debit duration monetary No definition available. false false false false false false false false false 1 false true 165943000 165943 false false 2 false true 112251000 112251 [1] false false 3 false true 354087000 354087 false false 4 false true 216888000 216888 [1] false false No definition available. No authoritative reference available. false 9 5 us-gaap_ImpairmentOfOilAndGasProperties us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 0 0 false false 2 false true 0 0 [1] false false 3 false true 21091000 21091 false false 4 false true 0 0 [1] false false No definition available. No authoritative reference available. false 10 5 pxd_DryHoleExpense pxd false debit duration monetary No definition available. false false false false false false false false false 1 false true 9705000 9705 false false 2 false true 1034000 1034 [1] false false 3 false true 27954000 27954 false false 4 false true 4582000 4582 [1] false false No definition available. No authoritative reference available. false 11 5 us-gaap_StormDamageProvision us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 15000000 15000 false false 2 false true 0 0 [1] false false 3 false true 15000000 15000 false false 4 false true 0 0 [1] false false No definition available. No authoritative reference available. false 12 5 us-gaap_DeferredIncomeTaxExpenseBenefit us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -41761000 -41761 false false 2 false true 108937000 108937 [1] false false 3 false true -52793000 -52793 false false 4 false true 171310000 171310 [1] false false No definition available. No authoritative reference available. false 13 5 us-gaap_GainLossOnSaleOfOtherAssets us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -53000 -53 false false 2 false true -3901000 -3901 [1] false false 3 false true 62000 62 false false 4 false true -4578000 -4578 [1] false false No definition available. No authoritative reference available. false 14 5 us-gaap_AssetRetirementObligationAccretionExpense us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 2753000 2753 false false 2 false true 1961000 1961 [1] false false 3 false true 5505000 5505 false false 4 false true 3904000 3904 [1] false false No definition available. No authoritative reference available. false 15 5 pxd_AdjustmentIncomeLossFromDiscontinuedOperationsNetOfTax pxd false credit duration monetary No definition available. false false false false false false false false false 1 false true 312000 312 false false 2 false true 6181000 6181 [1] false false 3 false true 5208000 5208 false false 4 false true 14464000 14464 [1] false false No definition available. No authoritative reference available. false 16 5 us-gaap_AmortizationOfFinancingCostsAndDiscounts us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 6921000 6921 false false 2 false true 7797000 7797 [1] false false 3 false true 13529000 13529 false false 4 false true 14094000 14094 [1] false false No definition available. No authoritative reference available. false 17 5 pxd_UnrealizedGainLossOnDerivativeInstruments pxd false credit duration monetary No definition available. false false false false false false false false false 1 false true 159520000 159520 false false 2 false true 7851000 7851 [1] false false 3 false true 48235000 48235 false false 4 false true 15516000 15516 [1] false false No definition available. No authoritative reference available. false 18 5 pxd_AmortizationStockBasedCompensation pxd false debit duration monetary No definition available. false false false false false false false false false 1 false true 9926000 9926 false false 2 false true 8268000 8268 [1] false false 3 false true 19223000 19223 false false 4 false true 17248000 17248 [1] false false No definition available. No authoritative reference available. false 19 5 pxd_DeferredRevenueAmortization pxd false debit duration monetary No definition available. false false false false false false false false false 1 false true -36975000 -36975 false false 2 false true -39457000 -39457 [1] false false 3 false true -73695000 -73695 false false 4 false true -78936000 -78936 [1] false false No definition available. No authoritative reference available. false 20 5 us-gaap_OtherAdjustmentsForNoncashItemsIncludedInIncomeLossFromContinuingOperations us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 14146000 14146 false false 2 false true 8427000 8427 [1] false false 3 false true 24840000 24840 false false 4 false true 3788000 3788 [1] false false No definition available. No authoritative reference available. false 21 4 us-gaap_IncreaseDecreaseInOperatingCapitalAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 22 5 us-gaap_IncreaseDecreaseInAccountsReceivable us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 11720000 11720 false false 2 false true -84474000 -84474 [1] false false 3 false true 53941000 53941 false false 4 false true -98535000 -98535 [1] false false No definition available. No authoritative reference available. false 23 5 us-gaap_IncreaseDecreaseInIncomeTaxesReceivable us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -13140000 -13140 false false 2 false true -9326000 -9326 [1] false false 3 false true 31796000 31796 false false 4 false true -9402000 -9402 [1] false false No definition available. No authoritative reference available. false 24 5 us-gaap_IncreaseDecreaseInInventories us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -23219000 -23219 false false 2 false true -14471000 -14471 [1] false false 3 false true -57689000 -57689 false false 4 false true -40643000 -40643 [1] false false No definition available. No authoritative reference available. false 25 5 us-gaap_IncreaseDecreaseInPrepaidExpense us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -16147000 -16147 false false 2 false true 166000 166 [1] false false 3 false true -14187000 -14187 false false 4 false true 1103000 1103 [1] false false No definition available. No authoritative reference available. false 26 5 pxd_IncreaseDecreaseOtherCurrentAssets pxd false credit duration monetary No definition available. false false false false false false false false false 1 false true 40863000 40863 false false 2 false true 5191000 5191 [1] false false 3 false true 66920000 66920 false false 4 false true 7186000 7186 [1] false false No definition available. No authoritative reference available. false 27 5 us-gaap_IncreaseDecreaseInAccountsPayable us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 4062000 4062 false false 2 false true 32744000 32744 [1] false false 3 false true -107388000 -107388 false false 4 false true -1169000 -1169 [1] false false No definition available. No authoritative reference available. false 28 5 us-gaap_IncreaseDecreaseInInterestPayableNet us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 15677000 15677 false false 2 false true 16489000 16489 [1] false false 3 false true 101000 101 false false 4 false true 3154000 3154 [1] false false No definition available. No authoritative reference available. false 29 5 us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 5554000 5554 false false 2 false true 18922000 18922 [1] false false 3 false true 14095000 14095 false false 4 false true 28112000 28112 [1] false false No definition available. No authoritative reference available. false 30 5 pxd_IncreaseDecreaseOtherCurrentLiabilities pxd false debit duration monetary No definition available. false false false false false false false false false 1 false true -14786000 -14786 false false 2 false true -14461000 -14461 [1] false false 3 false true -44581000 -44581 false false 4 false true -48972000 -48972 [1] false false No definition available. No authoritative reference available. false 31 4 us-gaap_NetCashProvidedByUsedInOperatingActivities us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true 223907000 223907 false false 2 false true 333050000 333050 [1] false false 3 false true 248328000 248328 false false 4 false true 510732000 510732 [1] false false No definition available. No authoritative reference available. true 32 3 us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 33 4 us-gaap_ProceedsFromSaleOfProductiveAssets us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 3542000 3542 false false 2 false true 13640000 13640 [1] false false 3 false true 3742000 3742 false false 4 false true 145773000 145773 [1] false false No definition available. No authoritative reference available. false 34 4 us-gaap_PaymentsToAcquireOilAndGasProperty us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -77623000 -77623 false false 2 false true -319341000 -319341 [1] false false 3 false true -242150000 -242150 false false 4 false true -616608000 -616608 [1] false false No definition available. No authoritative reference available. false 35 4 us-gaap_PaymentsToAcquireOtherProductiveAssets us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -14663000 -14663 false false 2 false true -8240000 -8240 [1] false false 3 false true -21399000 -21399 false false 4 false true -20646000 -20646 [1] false false No definition available. No authoritative reference available. false 36 4 us-gaap_NetCashProvidedByUsedInInvestingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -88744000 -88744 false false 2 false true -313941000 -313941 [1] false false 3 false true -259807000 -259807 false false 4 false true -491481000 -491481 [1] false false No definition available. No authoritative reference available. true 37 3 us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 38 4 us-gaap_ProceedsFromIssuanceOfLongTermDebt us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 0 0 false false 2 false true 23998000 23998 [1] false false 3 false true 172000000 172000 false false 4 false true 615998000 615998 [1] false false No definition available. No authoritative reference available. false 39 4 us-gaap_RepaymentsOfLongTermDebt us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -102000000 -102000 false false 2 false true -186998000 -186998 [1] false false 3 false true -103000000 -103000 false false 4 false true -732775000 -732775 [1] false false No definition available. No authoritative reference available. false 40 4 us-gaap_PaymentsOfDistributionsToAffiliates us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -5060000 -5060 false false 2 false true 0 0 [1] false false 3 false true -9900000 -9900 false false 4 false true 0 0 [1] false false No definition available. No authoritative reference available. false 41 4 us-gaap_ProceedsFromIssuanceOfCommonLimitedPartnersUnits us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 0 0 false false 2 false true 165978000 165978 [1] false false 3 false true 0 0 false false 4 false true 165978000 165978 [1] false false No definition available. No authoritative reference available. false 42 4 us-gaap_ProceedsFromRepaymentsOfOtherDebt us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -364000 -364 false false 2 false true 19145000 19145 [1] false false 3 false true -699000 -699 false false 4 false true 13255000 13255 [1] false false No definition available. No authoritative reference available. false 43 4 us-gaap_ProceedsFromStockOptionsExercised us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true 1581000 1581 false false 2 false true 4905000 4905 [1] false false 3 false true 2535000 2535 false false 4 false true 5782000 5782 [1] false false No definition available. No authoritative reference available. false 44 4 us-gaap_PaymentsForRepurchaseOfCommonStock us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -280000 -280 false false 2 false true -562000 -562 [1] false false 3 false true -20399000 -20399 false false 4 false true -27512000 -27512 [1] false false No definition available. No authoritative reference available. false 45 4 us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -39000 -39 false false 2 false true -1741000 -1741 [1] false false 3 false true -3918000 -3918 false false 4 false true 404000 404 [1] false false No definition available. No authoritative reference available. false 46 4 us-gaap_PaymentsOfFinancingCosts us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -4475000 -4475 false false 2 false true -1031000 -1031 [1] false false 3 false true -4475000 -4475 false false 4 false true -12377000 -12377 [1] false false No definition available. No authoritative reference available. false 47 4 us-gaap_PaymentsOfDividends us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true -4679000 -4679 false false 2 false true -16841000 -16841 [1] false false 3 false true -4679000 -4679 false false 4 false true -16893000 -16893 [1] false false No definition available. No authoritative reference available. false 48 4 us-gaap_NetCashProvidedByUsedInFinancingActivities us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -115316000 -115316 false false 2 false true 6853000 6853 [1] false false 3 false true 27465000 27465 false false 4 false true 11860000 11860 [1] false false No definition available. No authoritative reference available. true 49 3 us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true 19847000 19847 false false 2 false true 25962000 25962 [1] false false 3 false true 15986000 15986 false false 4 false true 31111000 31111 [1] false false No definition available. No authoritative reference available. true 50 3 us-gaap_CashAndCashEquivalentsAtCarryingValue us-gaap true debit instant monetary No definition available. false false false false false false true false false 1 false true 44476000 44476 false false 2 false true 17320000 17320 [1] false false 3 false true 48337000 48337 [1] false false 4 false true 12171000 12171 [1] false false No definition available. No authoritative reference available. false 51 3 us-gaap_CashAndCashEquivalentsAtCarryingValue us-gaap true debit instant monetary No definition available. false false false false false false false true false 1 true true 64323000 64323 false false 2 true true 43282000 43282 [1] false false 3 true true 64323000 64323 false false 4 true true 43282000 43282 [1] false false No definition available. No authoritative reference available. false 1 Retrospectively adjusted as described in Note B. false 4 47 false Thousands UnKnown UnKnown false true XML 14 R5.xml IDEA: Statement Of Shareholders Equity And Other Comprehensive Income (Parenthetical) 1.0.0.3 true Statement Of Shareholders Equity And Other Comprehensive Income (Parenthetical) (USD $) false 1 $ true false false false Retained Earnings us-gaap_StatementEquityComponentsAxis xbrldi http://xbrl.org/2006/xbrldi us-gaap_RetainedEarningsMember us-gaap_StatementEquityComponentsAxis explicitMember USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 false 2 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 5 3 us-gaap_CommonStockDividendsPerShareDeclared us-gaap true na duration decimal No definition available. false false false false false false false false true 1 true true 0.04 0.04 true false 2 true true 0.04 0.04 false false No definition available. No authoritative reference available. false false 2 1 false UnKnown UnKnown Hundreds false true XML 15 defnref.xml IDEA: XBRL DOCUMENT No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. 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XML 16 R1.xml IDEA: Statement Of Financial Position Classified 1.0.0.3 false Statement Of Financial Position Classified (USD $) In Thousands false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 false 2 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 6 4 us-gaap_AssetsCurrentAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 7 5 us-gaap_CashAndCashEquivalentsAtCarryingValue us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 true true 64323000 64323 false false 2 true true 48337000 48337 [1] false false No definition available. No authoritative reference available. false 8 5 us-gaap_AccountsReceivableNetCurrentAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 9 6 us-gaap_AccountsReceivableNetCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 152231000 152231 false false 2 false true 206794000 206794 [1] false false No definition available. No authoritative reference available. false 10 6 us-gaap_DueFromAffiliateCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 700000 700 false false 2 false true 759000 759 [1] false false No definition available. No authoritative reference available. false 11 5 us-gaap_IncomeTaxesReceivable us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 28777000 28777 false false 2 false true 60573000 60573 [1] false false No definition available. No authoritative reference available. false 12 5 us-gaap_InventoryNet us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 119077000 119077 false false 2 false true 76901000 76901 [1] false false No definition available. No authoritative reference available. false 13 5 us-gaap_PrepaidExpenseCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 19870000 19870 false false 2 false true 12464000 12464 [1] false false No definition available. No authoritative reference available. false 14 5 us-gaap_DeferredTaxAssetsNetCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 9239000 9239 false false 2 false true 6510000 6510 [1] false false No definition available. No authoritative reference available. false 15 5 us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 16874000 16874 false false 2 false true 0 0 [1] false false No definition available. No authoritative reference available. false 16 5 pxd_TotalOtherAssetsAbstract pxd false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 17 6 us-gaap_DerivativeAssetsCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 63830000 63830 false false 2 false true 59622000 59622 [1] false false No definition available. No authoritative reference available. false 18 6 us-gaap_OtherAssetsCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 6929000 6929 false false 2 false true 14951000 14951 [1] false false No definition available. No authoritative reference available. false 19 5 us-gaap_AssetsCurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 481850000 481850 false false 2 false true 486911000 486911 [1] false false No definition available. No authoritative reference available. true 21 5 us-gaap_OilAndGasPropertySuccessfulEffortMethodNetAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 22 6 us-gaap_ProvedOilAndGasPropertySuccessfulEffortMethod us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 10105381000 10105381 false false 2 false true 10167220000 10167220 [1] false false No definition available. No authoritative reference available. false 23 6 us-gaap_UnprovedOilAndGasPropertySuccessfulEffortMethod us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 197986000 197986 false false 2 false true 204183000 204183 [1] false false No definition available. No authoritative reference available. false 24 5 us-gaap_OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true -2671508000 -2671508 false false 2 false true -2511401000 -2511401 [1] false false No definition available. No authoritative reference available. false 25 5 us-gaap_OilAndGasPropertySuccessfulEffortMethodNet us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 7631859000 7631859 false false 2 false true 7860002000 7860002 [1] false false No definition available. No authoritative reference available. true 26 4 us-gaap_DeferredTaxAssetsNetNoncurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 1134000 1134 false false 2 false true 553000 553 [1] false false No definition available. No authoritative reference available. false 27 4 us-gaap_Goodwill us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 310551000 310551 false false 2 false true 310563000 310563 [1] false false No definition available. No authoritative reference available. false 28 4 us-gaap_PropertyPlantAndEquipmentOther us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 158775000 158775 false false 2 false true 161266000 161266 [1] false false No definition available. No authoritative reference available. false 29 4 pxd_TotalOtherAssetsNoncurrentAbstract pxd false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 30 5 us-gaap_DerivativeAssetsNoncurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 40337000 40337 false false 2 false true 72594000 72594 [1] false false No definition available. No authoritative reference available. false 31 5 us-gaap_OtherAssetsNoncurrent us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 248336000 248336 false false 2 false true 269896000 269896 [1] false false No definition available. No authoritative reference available. false 32 4 us-gaap_Assets us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true 8872842000 8872842 false false 2 false true 9161785000 9161785 [1] false false No definition available. No authoritative reference available. true 35 5 us-gaap_AccountsPayableAbstract us-gaap true na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 36 6 us-gaap_AccountsPayableTrade us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 192542000 192542 false false 2 false true 322688000 322688 [1] false false No definition available. No authoritative reference available. false 37 6 us-gaap_DueToAffiliate us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 13262000 13262 false false 2 false true 34284000 34284 [1] false false No definition available. No authoritative reference available. false 38 5 us-gaap_InterestPayable us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 43348000 43348 false false 2 false true 43247000 43247 [1] false false No definition available. No authoritative reference available. false 39 5 us-gaap_AccruedIncomeTaxesPayable us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 17713000 17713 false false 2 false true 3618000 3618 [1] false false No definition available. No authoritative reference available. false 40 5 us-gaap_DeferredTaxLiabilitiesCurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 370000 370 false false 2 false true 0 0 [1] false false No definition available. No authoritative reference available. false 41 5 us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 16706000 16706 false false 2 false true 0 0 [1] false false No definition available. No authoritative reference available. false 42 5 pxd_DeferredCreditsAndOtherLiabilitiesAbstract pxd false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 43 6 us-gaap_DerivativeLiabilitiesCurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 108360000 108360 false false 2 false true 49561000 49561 [1] false false No definition available. No authoritative reference available. false 44 6 us-gaap_DeferredRevenueCurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 119281000 119281 false false 2 false true 147905000 147905 [1] false false No definition available. No authoritative reference available. false 45 6 us-gaap_OtherLiabilitiesCurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 68177000 68177 false false 2 false true 93694000 93694 [1] false false No definition available. No authoritative reference available. false 46 5 us-gaap_LiabilitiesCurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 579759000 579759 false false 2 false true 694997000 694997 [1] false false No definition available. No authoritative reference available. true 47 4 us-gaap_LongTermDebtNoncurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 2978819000 2978819 false false 2 false true 2899241000 2899241 [1] false false No definition available. No authoritative reference available. false 48 4 us-gaap_DerivativeLiabilitiesNoncurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 47645000 47645 false false 2 false true 20584000 20584 [1] false false No definition available. No authoritative reference available. false 49 4 us-gaap_DeferredTaxLiabilitiesNoncurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 1424769000 1424769 false false 2 false true 1501459000 1501459 [1] false false No definition available. No authoritative reference available. false 50 4 us-gaap_DeferredRevenueNoncurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 132166000 132166 false false 2 false true 177236000 177236 [1] false false No definition available. No authoritative reference available. false 51 4 us-gaap_OtherLiabilitiesNoncurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 168598000 168598 false false 2 false true 187409000 187409 [1] false false No definition available. No authoritative reference available. false 52 4 pxd_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAbstract pxd false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false No definition available. false 53 5 us-gaap_CommonStockValue us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 1251000 1251 false false 2 false true 1246000 1246 [1] false false No definition available. No authoritative reference available. false 54 5 us-gaap_AdditionalPaidInCapital us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 2924939000 2924939 false false 2 false true 2909735000 2909735 [1] false false No definition available. No authoritative reference available. false 55 5 us-gaap_TreasuryStockValue us-gaap true debit instant monetary No definition available. false false false false false false false false false 1 false true -426598000 -426598 false false 2 false true -411659000 -411659 [1] false false No definition available. No authoritative reference available. false 56 5 us-gaap_RetainedEarningsAccumulatedDeficit us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 875226000 875226 false false 2 false true 988786000 988786 [1] false false No definition available. No authoritative reference available. false 57 5 us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 76637000 76637 false false 2 false true 88788000 88788 [1] false false No definition available. No authoritative reference available. false 58 5 us-gaap_StockholdersEquity us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 3451455000 3451455 false false 2 false true 3576896000 3576896 [1] false false No definition available. No authoritative reference available. true 59 5 us-gaap_MinorityInterest us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 89631000 89631 false false 2 false true 103963000 103963 [1] false false No definition available. No authoritative reference available. false 60 5 pxd_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest pxd false credit instant monetary No definition available. false false false false false false false false false 1 false true 3541086000 3541086 false false 2 false true 3680859000 3680859 [1] false false No definition available. No authoritative reference available. true 61 4 us-gaap_CommitmentsAndContingencies us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 false true 0 0 false false 2 false true 0 0 [1] false false No definition available. No authoritative reference available. false 62 4 us-gaap_LiabilitiesAndStockholdersEquity us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 true true 8872842000 8872842 false false 2 true true 9161785000 9161785 [1] false false No definition available. No authoritative reference available. true 1 Retrospectively adjusted as described in Note B. false 2 54 false Thousands UnKnown UnKnown false true XML 17 R2.xml IDEA: Statement Of Financial Position Classified (Parenthetical) 1.0.0.3 false Statement Of Financial Position Classified (Parenthetical) (USD $) In Thousands, except Share data false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 false 2 $ false false Shares Standard http://www.xbrl.org/2003/instance shares 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDperShareItemType Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares 0 5 3 us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 true true 1472000 1472 false false 2 true true 22464000 22464 [1] false false No definition available. No authoritative reference available. false 6 3 pxd_AllowanceForDoubtfulOtherReceivableCurrent pxd false credit instant monetary No definition available. false false false false false false false false false 1 false true 5566000 5566 false false 2 false true 5491000 5491 [1] false false No definition available. No authoritative reference available. false 7 3 us-gaap_AllowanceForDoubtfulAccountsReceivableNoncurrent us-gaap true credit instant monetary No definition available. false false false false false false false false false 1 true true 5167000 5167 false false 2 true true 4410000 4410 [1] false false No definition available. No authoritative reference available. false 8 3 us-gaap_CommonStockParOrStatedValuePerShare us-gaap true na instant decimal No definition available. false false false false false false false false true 1 true true 0.01 0.01 false false 2 true true 0.01 0.01 [1] false false No definition available. No authoritative reference available. false 9 3 us-gaap_CommonStockSharesAuthorized us-gaap true na instant shares No definition available. false false false false false false false false false 1 false true 500000000 500000000.00 false false 2 false true 500000000 500000000.00 [1] false false No definition available. No authoritative reference available. false 10 3 us-gaap_CommonStockSharesIssued us-gaap true na instant shares No definition available. false false false false false false false false false 1 false true 125135994 125135994.00 false false 2 false true 124566963 124566963.00 [1] false false No definition available. No authoritative reference available. false 11 3 us-gaap_TreasuryStockShares us-gaap true na instant shares No definition available. false false false false false false false false false 1 false true 11113561 11113561.00 false false 2 false true 10020502 10020502.00 [1] false false No definition available. No authoritative reference available. false 1 Retrospectively adjusted as described in Note B. false 2 7 false Thousands NoRounding Hundreds false true XML 18 FilingSummary.xml IDEA: XBRL DOCUMENT 1.0.0.3 true Sheet 11 - Statement - Statement Of Financial Position Classified Statement Of Financial Position Classified R1.xml false Sheet 12 - Statement - Statement Of Financial Position Classified (Parenthetical) Statement Of Financial Position Classified (Parenthetical) R2.xml false Sheet 13 - Statement - Statement Of Income Alternative Statement Of Income Alternative R3.xml false Sheet 14 - Statement - Statement Of Shareholders Equity And Other Comprehensive Income Statement Of Shareholders Equity And Other Comprehensive Income R4.xml false Sheet 15 - Statement - Statement Of Shareholders Equity And Other Comprehensive Income (Parenthetical) Statement Of Shareholders Equity And Other Comprehensive Income (Parenthetical) R5.xml false Sheet 16 - Statement - Statement Of Cash Flows Indirect Statement Of Cash Flows Indirect R6.xml false Sheet 17 - Statement - Statement Of Other Comprehensive Income Statement Of Other Comprehensive Income R7.xml false Notes 18 - Disclosure - Notes to Financial Statements Notes to Financial Statements R8.xml false Sheet 19 - Disclosure - Document Information Document Information R9.xml false Sheet 20 - Disclosure - Entity Information Entity Information R10.xml false Book All Reports All Reports 1 32 7 0 3 175 true false eol_PE6248----0910-Q0003_STD_Inst_20090630_0_225091x393113 1 eol_PE6248----0910-Q0003_STD_p6m_20090630_0_225091x393113 7 eol_PE6248----0910-Q0003_STD_Inst_20090630_0_225091x225591 1 eol_PE6248----0910-Q0003_STD_p6m_20090630_0_225091x223969 4 eol_PE6248----0910-Q0003_STD_Inst_20081231_0_225091x215846 1 eol_PE6248----0910-Q0003_STD_Inst_20090630_0 53 eol_PE6248----0910-Q0003_STD_Inst_20080331_0 1 eol_PE6248----0910-Q0003_STD_p6m_20080630_0 77 eol_PE6248----0910-Q0003_STD_p6m_20090630_0_225091x214895 1 eol_PE6248----0910-Q0003_STD_Inst_20090331_0 1 eol_PE6248----0910-Q0003_STD_Inst_20081231_0_225091x393113 1 eol_PE6248----0910-Q0003_STD_p6m_20090630_0_225091x225591 2 eol_PE6248----0910-Q0003_STD_Inst_20071231_0 1 eol_PE6248----0910-Q0003_STD_Inst_20081231_0_225091x215219 1 eol_PE6248----0910-Q0003_STD_Inst_20081231_0_225091x223969 1 eol_PE6248----0910-Q0003_STD_Inst_20081231_0_225091x225591 1 eol_PE6248----0910-Q0003_STD_Inst_20090630_0_225091x214895 1 eol_PE6248----0910-Q0003_STD_Inst_20090806_0 1 eol_PE6248----0910-Q0003_STD_p3m_20080630_0 77 eol_PE6248----0910-Q0003_STD_p6m_20090630_0_225091x392573 3 eol_PE6248----0910-Q0003_STD_p3m_20090630_0 77 eol_PE6248----0910-Q0003_STD_p6m_20090630_0_225091x215846 3 eol_PE6248----0910-Q0003_STD_Inst_20081231_0 53 eol_PE6248----0910-Q0003_STD_p6m_20090630_0_225091x215219 2 eol_PE6248----0910-Q0003_STD_Inst_20090630_0_225091x215219 1 eol_PE6248----0910-Q0003_STD_Inst_20090630_0_225091x223969 1 eol_PE6248----0910-Q0003_STD_Inst_20081231_0_225091x392573 1 eol_PE6248----0910-Q0003_STD_Inst_20090630_0_225091x392573 1 eol_PE6248----0910-Q0003_STD_p6m_20090630_0 116 eol_PE6248----0910-Q0003_STD_Inst_20080630_0 2 eol_PE6248----0910-Q0003_STD_Inst_20081231_0_225091x214895 1 eol_PE6248----0910-Q0003_STD_Inst_20090630_0_225091x215846 1 true true EXCEL 19 Financial_Report.xls IDEA: XBRL DOCUMENT begin 644 Financial_Report.xls MT,\1X*&Q&N$`````````````````````/@`#`/[_"0`&```````````````# M`````0``````````$```%@$```$```#^____```````````"`````P```/__ M____________________________________________________________ M____________________________________________________________ M____________________________________________________________ M____________________________________________________________ M____________________________________________________________ M____________________________________________________________ M____________________________________________________________ M____________________________________________________________ M____________________________________________________________ M_______________________]_____O____W____]____!0````8````'```` M"`````D````*````"P````P````-````#@````\````0````$0```!(````3 M````%````!4````6````%P```!@````9````&@```!L````<````'0```!X` M```?````(````"$````B````(P```"0````E````)@```"<````H````*0`` M`"H````K````+````"T````N````+P```#`````Q````,@```#,````T```` M-0```#8````W````.````#D````Z````.P```#P````]````/@```#\```!` M````00```$(```!#````1````$4```!&````1P```$@```!)````2@```$L` M``!,````30```$X```!/````4````%$```!2````4P```%0```!5````5@`` M`%<```!8````60```%H```!;````7````%T```!>````7P```&````!A```` M8@```&,```!D````90```&8```!G````:````&D```!J````:P```&P```!M M````;@```&\```!P````<0```'(```!S````=````'4```!V````=P```'@` M``!Y````>@```'L```!\````?0```'X```!_````@````%(`;P!O`'0`(`!% M`&X`=`!R`'D````````````````````````````````````````````````` M```````````6``4`__________\"```````````````````````````````` M`````````)`WWM1_&\H!%P$``$`!````````5P!O`'(`:P!B`&\`;P!K```` M```````````````````````````````````````````````````````````` M`!(``@#_______________\````````````````````````````````````` M```````````$````""("```````%`%,`=0!M`&T`80!R`'D`20!N`&8`;P!R M`&T`80!T`&D`;P!N````````````````````````````````````*``"`0$` M```#````_____P`````````````````````````````````````````````` M``````"```````````4`1`!O`&,`=0!M`&4`;@!T`%,`=0!M`&T`80!R`'D` M20!N`&8`;P!R`&T`80!T`&D`;P!N```````````````X``(`____________ M____`````````````````````````````````````````````````@```*`` M````````@0```((```"#````A````(4```"&````AP```(@```")````B@`` M`(L```",````C0```(X```"/````D````)$```"2````DP```)0```"5```` ME@```)<```"8````F0```)H```";````G````)T```">````GP```*````"A M````H@```*,```"D````I0```*8```"G````J````*D```"J````JP```*P` M``"M````K@```*\```"P````L0```+(```"S````M````+4```"V````MP`` M`+@```"Y````N@```+L```"\````O0```+X```"_````P````,$```#"```` MPP```,0```#%````Q@```,<```#(````R0```,H```#+````S````,T```#. 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No authoritative reference available. false 7 4 pxd_OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParentAbstract pxd false na duration string No definition available. false false false false false true false false false 1 false false 0 0 false false 2 false false 0 0 false false 3 false false 0 0 false false 4 false false 0 0 false false No definition available. false 8 5 us-gaap_OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 false true 0 0 false false 2 false true -331325000 -331325 [1] false false 3 false true 14169000 14169 false false 4 false true -471592000 -471592 [1] false false No definition available. No authoritative reference available. false 9 5 us-gaap_OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax us-gaap true debit duration monetary No definition available. false false false false false false false false false 1 false true -3032000 -3032 false false 2 false true 103354000 103354 [1] false false 3 false true -33861000 -33861 false false 4 false true 153785000 153785 [1] false false No definition available. No authoritative reference available. false 10 4 us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease us-gaap true na duration monetary No definition available. false false false false false false false false false 1 false true -3032000 -3032 false false 2 false true -227971000 -227971 [1] false false 3 false true -19692000 -19692 false false 4 false true -317807000 -317807 [1] false false No definition available. No authoritative reference available. true 11 3 pxd_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest pxd false credit duration monetary No definition available. false false false false false false false false false 1 false true -95146000 -95146 false false 2 false true -65050000 -65050 [1] false false 3 false true -122618000 -122618 false false 4 false true -26189000 -26189 [1] false false No definition available. No authoritative reference available. true 12 3 pxd_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest pxd false debit duration monetary No definition available. false false false false false false false false false 1 false true 6057000 6057 false false 2 false true 12804000 12804 [1] false false 3 false true 4270000 4270 false false 4 false true 12066000 12066 [1] false false No definition available. No authoritative reference available. false 13 3 us-gaap_ComprehensiveIncomeNetOfTax us-gaap true credit duration monetary No definition available. false false false false false false false false false 1 true true -89089000 -89089 false false 2 true true -52246000 -52246 [1] false false 3 true true -118348000 -118348 false false 4 true true -14123000 -14123 [1] false false No definition available. No authoritative reference available. true 1 Retrospectively adjusted as described in Note B. false 4 8 false Thousands UnKnown UnKnown false true
-----END PRIVACY-ENHANCED MESSAGE-----