Property And Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

At December 31, 2012 and 2011, property and equipment, net consisted of the following:



	December 31,
	2012			2011
	(In thousands)
Proved oil and gas properties	$	1,713,827		$	1,235,487
Accumulated depreciation, depletion and amortization	(561,279		)	(397,737		)
Proved oil and gas properties, net	1,152,548			837,750
Unproved properties, not being amortized
Unevaluated leasehold and seismic costs	238,833			277,425
Exploratory wells in progress	43,803			70,533
Capitalized interest	41,052			46,471
Total costs not subject to amortization	323,688			394,429
Other property and equipment	17,079			12,835
Accumulated depreciation	(5,641		)	(4,097		)
Other property and equipment, net	11,438			8,738
Total property and equipment, net	$	1,487,674		$	1,240,917

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

+ References+ Details