XML 38 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8
Exploratory Costs (Tables)
3 Months Ended
Mar. 31, 2014
Extractive Industries [Abstract]  
Schedule of Capitalized Exploratory Wells
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:

 
Three months ended
Three months ended
(in thousands)
March 31, 2014
March 31, 2013
Capitalized exploratory well costs at beginning of period
$
57,600

$
79,791

Additions pending determination of proved reserves
164,842

95,861

Reclassifications due to determination of proved reserves
(112,474
)
(69,477
)
Capitalized exploratory well costs at end of period
$
109,968

$
106,175


The following table sets forth capitalized exploratory wells costs and includes amounts capitalized for a period greater than one year:

 
Three months ended
Three months ended
(in thousands)
March 31, 2014
March 31, 2013
Exploratory wells in progress
$
62,280

$
21,676

Capitalized exploratory well costs capitalized for a period of one year or less
46,460

83,301

Capitalized exploratory well costs for a period greater than one year
1,228

1,198

Total capitalized exploratory well costs
$
109,968

$
106,175