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EXPLORATORY COSTS
12 Months Ended
Dec. 31, 2016
Extractive Industries [Abstract]  
EXPLORATORY COSTS
EXPLORATORY COSTS
 

The following table sets forth capitalized exploratory well costs and includes additions pending determination of proved reserves, reclassifications to proved reserves and costs charged to expense:

Years ended December 31, (in thousands)
2016
2015
2014
Capitalized exploratory well costs at beginning of period
$
103,588

$
119,439

$
57,600

Additions pending determination of proved reserves
344,045

634,908

946,751

Reclassifications due to determination of proved reserves
(282,637
)
(650,759
)
(882,254
)
Exploratory well costs charged to expense


(2,658
)
Capitalized exploratory well costs at end of period
$
164,996

$
103,588

$
119,439


The following table sets forth capitalized exploratory wells costs:

(in thousands)
December 31, 2016
December 31, 2015
Exploratory wells in progress (drilling rig not released)
$
14,531

$
1,760

Capitalized exploratory well costs for a period of one year or less
143,602

101,828

Capitalized exploratory well costs for a period greater than one year
6,863


Total capitalized exploratory well costs
$
164,996

$
103,588




At December 31, 2016, Energen had 59 gross exploratory wells either drilling or waiting on results from completion and testing in the Permian Basin. At December 31, 2016, Energen had two gross wells capitalized for a period greater than one year. These wells are scheduled for completion during 2017. No wells were capitalized for a period greater than one year as of December 31, 2015.