XML 135 R137.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Changes in Estimated Reserves (Unaudited) (Detail)
12 Months Ended
Dec. 31, 2011
Mbbl
Dec. 31, 2010
Mbbl
Dec. 31, 2009
Mbbl
Dec. 31, 2008
Mbbl
Oil
       
Proved developed and undeveloped reserves        
Proved developed and undeveloped reserves, Beginning Balance 252,114 105,349 43,164  
Revisions of previous estimates (9,278) 12,999 8,826  
Acquisitions of new reserves 1,533 71,640 56,342  
Extensions and discoveries 55,577 69,512 8  
Sales of reserves in place (43,331)   (97)  
Production (11,830) (7,386) (2,894)  
Proved developed and undeveloped reserves, Ending Balance 244,785 252,114 105,349  
Proved developed reserves 118,728 [1],[2] 91,965 [1] 38,327 [1] 15,342 [1]
Proved undeveloped reserves 126,057 [1],[2] 160,149 [1] 67,022 [1] 27,822 [1]
Natural Gas
       
Proved developed and undeveloped reserves        
Proved developed and undeveloped reserves, Beginning Balance 1,762,665 [3] 680,075 [3] 1,899,636 [3]  
Revisions of previous estimates (164,845) [3] 867,931 [3] (1,244,873) [3]  
Acquisitions of new reserves 2,906 [3] 79,942 [3] 104,046 [3]  
Extensions and discoveries 299,848 [3] 211,150 [3] 8,890 [3]  
Sales of reserves in place (476,212) [3] (207) [3] (163) [3]  
Production (69,306) [3] (76,226) [3] (87,461) [3]  
Proved developed and undeveloped reserves, Ending Balance 1,355,056 [3] 1,762,665 [3] 680,075 [3]  
Proved developed reserves 670,382 [1],[2],[3] 784,292 [1],[3] 592,777 [1],[3] 851,357 [1],[3]
Proved undeveloped reserves 684,674 [1],[2],[3] 978,373 [1],[3] 87,298 [1],[3] 1,048,279 [1],[3]
[1] Our estimated proved reserves were determined using a 12-month average price for oil and natural gas for the years ended December 31, 2011, 2010 and 2009 and year-end prices for oil and natural gas as of December 31, 2008.
[2] Proved reserves at December 31, 2011 include approximately 18,800 MBbls of oil and 45,500 MMcf of natural gas attributable to noncontrolling interests.
[3] Natural gas reserves are computed at 14.65 pounds per square inch absolute and 60 degrees Fahrenheit.