Commitments and Contingencies

12 Months Ended

Dec. 31, 2017

Commitments And Contingencies Disclosure [Abstract]

(5) Commitments and Contingencies

Commitments

The Company rents office space and other facilities under noncancelable operating leases. Rent expense for the years ended December 31, 2015, 2016 and 2017 was $1.5 million, $1.5 million and $1.6 million, respectively. Minimum future payments under the leases at December 31, 2017 are as follows:

	(In thousands)
2018	$	1,560
2019		1,560
2020		1,560
2021		1,560
2022		—
	$	6,240

The Company has entered into natural gas transportation and treating agreements through July 2019. Maximum commitments under these transportation agreements as of December 31, 2017 totaled $2.4 million. As of December 31, 2017, the Company had contracted for contract drilling services through June 2018 of $7.4 million.

Contingencies

From time to time, the Company is involved in certain litigation that arises in the normal course of its operations. The Company records a loss contingency for these matters when it is probable that a liability has been incurred and the amount of the loss can be reasonably estimated. The Company does not believe the resolution of these matters will have a material effect on the Company's financial position, results of operations or cash flows and no material amounts are accrued relative to these matters at December 31, 2016 or 2017.