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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
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, 2017 and 2016 (in thousands).
 
 
December 31,
 
 
2017
 
2016
Oil and natural gas properties
 
 
 
 
Evaluated (subject to amortization)
 
$
3,004,770

 
$
2,408,305

Unproved and unevaluated (not subject to amortization)
 
637,396

 
479,736

Total oil and natural gas properties
 
3,642,166

 
2,888,041

Accumulated depletion
 
(2,021,169
)
 
(1,850,882
)
Net oil and natural gas properties
 
1,620,997

 
1,037,159

Midstream and other property and equipment
 
 
 
 
Midstream equipment and facilities
 
258,725

 
145,662

Furniture, fixtures and other equipment
 
6,109

 
5,487

Software
 
7,942

 
3,206

Land
 
2,892

 
1,437

Leasehold improvements
 
5,428

 
5,003

Total midstream and other property and equipment
 
281,096

 
160,795

Accumulated depreciation
 
(20,637
)
 
(13,429
)
Net midstream and other property and equipment
 
260,459

 
147,366

Net property and equipment
 
$
1,881,456

 
$
1,184,525

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, 2017 and the year in which these costs were incurred (in thousands).
Description
 
2017
 
2016
 
2015
 
2014 and prior
 
Total
Costs incurred for
 
 
 
 
 
 
 
 
 
 
Property acquisition
 
$
213,076

 
$
125,689

 
$
222,912

 
$
45,809

 
$
607,486

Exploration wells
 
16,688

 
988

 
547

 

 
18,223

Development wells
 
11,396

 
272

 
19

 

 
11,687

Total
 
$
241,160

 
$
126,949

 
$
223,478

 
$
45,809

 
$
637,396