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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016 and 2015 (in thousands).
 
 
December 31,
 
 
2016
 
2015
Oil and natural gas properties
 
 
 
 
Evaluated (subject to amortization)
 
$
2,408,305

 
$
2,122,174

Unproved and unevaluated (not subject to amortization)
 
479,736

 
387,504

Total oil and natural gas properties
 
2,888,041

 
2,509,678

Accumulated depletion
 
(1,850,882
)
 
(1,574,040
)
Net oil and natural gas properties
 
1,037,159

 
935,638

Other property and equipment
 
 
 
 
Midstream equipment and facilities
 
145,662

 
78,564

Furniture, fixtures and other equipment
 
5,487

 
2,918

Software
 
3,206

 
2,193

Land
 
1,437

 
1,539

Leasehold improvements
 
5,003

 
1,173

Total other property and equipment
 
160,795

 
86,387

Accumulated depreciation
 
(13,429
)
 
(9,619
)
Net other property and equipment
 
147,366

 
76,768

Net property and equipment
 
$
1,184,525

 
$
1,012,406

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, 2016 and the year in which these costs were incurred (in thousands).
Description
 
2016
 
2015
 
2014
 
2013 and prior
 
Total
Costs incurred for
 
 
 
 
 
 
 
 
 
 
Property acquisition
 
$
126,857

 
$
236,507

 
$
55,258

 
$
23,654

 
$
442,276

Exploration wells
 
19,017

 
3,375

 
34

 

 
22,426

Development wells
 
13,086

 
1,218

 
730

 

 
15,034

Total
 
$
158,960

 
$
241,100

 
$
56,022

 
$
23,654

 
$
479,736