XML 59 R51.htm IDEA: XBRL DOCUMENT v2.4.0.6
Acquisition and Dispositions of Oil and Gas Properties (Details) (USD $)
3 Months Ended 9 Months Ended 0 Months Ended 3 Months Ended 0 Months Ended 0 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Feb. 21, 2012
Feb 21, 2012, Reeves County [Member]
A
well
Feb. 14, 2012
Feb 14, 2012, Permian Basin [Member]
mmboe
Sep. 30, 2012
Feb 14, 2012, Permian Basin [Member]
Feb. 14, 2012
Feb 14, 2012, Permian Basin [Member]
Oil Reserves
Feb. 14, 2012
Feb 14, 2012, Permian Basin [Member]
Natural Gas Liquids Reserves
Feb. 14, 2012
Feb 14, 2012, Permian Basin [Member]
Natural Gas Reserves
Dec. 27, 2011
Dec 27, 2011, Permian Basin [Member]
mmboe
Dec. 27, 2011
Dec 27, 2011, Permian Basin [Member]
Oil Reserves
Dec. 27, 2011
Dec 27, 2011, Permian Basin [Member]
Natural Gas Liquids Reserves
Dec. 27, 2011
Dec 27, 2011, Permian Basin [Member]
Natural Gas Reserves
Nov. 16, 2011
Nov 16, 2011, Permian Basin [Member]
mmboe
Nov. 16, 2011
Nov 16, 2011, Permian Basin [Member]
Oil Reserves
Nov. 16, 2011
Nov 16, 2011, Permian Basin [Member]
Natural Gas Liquids Reserves
Nov. 16, 2011
Nov 16, 2011, Permian Basin [Member]
Natural Gas Reserves
Jul. 31, 2011
July 2011, Permian Basin
Apr. 30, 2011
April 2011, Permian Basin
A
May 01, 2012
Contingent Sales Agreement [Member]
Feb 21, 2012, Reeves County [Member]
A
Significant Acquisitions and Disposals [Line Items]                                          
Asset Impairment Charges $ 0 $ 0 $ 21,545,000 $ 0                                  
Standardized Measure of Discounted Percentage of Future Net Cash Flow of Proved Oil and Gas Reserves, Other 10.00%                                        
Significant Acquisitions and Disposals, Percentage of Undivided Interest, Sale         50.00%                               50.00%
Wells in Process of Drilling         3                                
Proceeds from Sale of Oil and Gas Property and Equipment         18,000,000                                
Gas and Oil Acreage, Undeveloped, Net         4,829                             11,000 51,720
Consideration - Purchase Price           67,615,000         59,997,000       161,967,000       20,000,000 37,000,000  
Proved Developed and Undeveloped Reserves, Net           8.1         3.4       13.6            
Percentage of Undeveloped Portion of Proved Reserves           81.00%         77.00%       76.00%            
Acquired Proved Reserves by Type of Reserve, Percentage               64.00% 22.00% 14.00%   61.00% 24.00% 15.00%   59.00% 25.00% 16.00%      
Recognized amounts of identifiable assets acquired and liabilities assumed                                          
Proved properties           65,581,000         36,048,000       151,544,000            
Unproved leasehold properties           911,000         23,686,000       7,883,000            
Accounts receivable           1,358,000         680,000       3,070,000            
Accounts payable           (25,000)         (244,000)       (388,000)            
Asset retirement obligation           (210,000)         (173,000)       (142,000)            
Total identifiable net assets           67,615,000         59,997,000       161,967,000            
Operating revenues 295,324,000 378,568,000 1,184,123,000 1,195,331,000     8,800,000                            
Operating income $ 19,458,000 $ 150,412,000 $ 344,226,000 $ 416,628,000     $ 3,200,000