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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Summary of the Company's property and equipment
The following table presents a summary of the Company’s property and equipment balances as of December 31, 2015 and 2014 (in thousands).
 
 
December 31,
 
 
2015
 
2014
Oil and natural gas properties
 
 
 
 
Evaluated (subject to amortization)
 
$
2,122,174

 
$
1,617,913

Unproved and unevaluated (not subject to amortization)
 
387,504

 
264,419

Total oil and natural gas properties
 
2,509,678

 
1,882,332

Accumulated depletion
 
(1,574,040
)
 
(596,218
)
Net oil and natural gas properties
 
935,638

 
1,286,114

Other property and equipment
 
 
 
 
Midstream support equipment and facilities
 
78,564

 
38,135

Furniture, fixtures and other equipment
 
2,918

 
2,633

Software
 
2,193

 
1,733

Land
 
1,539

 

Leasehold improvements
 
1,173

 
971

Total other property and equipment
 
86,387

 
43,472

Accumulated depreciation
 
(9,619
)
 
(7,514
)
Net other property and equipment
 
76,768

 
35,958

Net property and equipment
 
$
1,012,406

 
$
1,322,072

Breakdown of the Company's unproved and unevaluated property costs not subject to amortization
The following table provides a breakdown of the Company’s unproved and unevaluated property costs not subject to amortization as of December 31, 2015 and the year in which these costs were incurred (in thousands).
Description
 
2015
 
2014
 
2013
 
2012 and prior
 
Total
Costs incurred for
 
 
 
 
 
 
 
 
 
 
Property acquisition
 
$
238,436

 
$
68,207

 
$
41,800

 
$
672

 
$
349,115

Exploration wells
 
14,650

 
30

 

 

 
14,680

Development wells
 
22,558

 
1,151

 

 

 
23,709

Total
 
$
275,644

 
$
69,388

 
$
41,800

 
$
672

 
$
387,504