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Exploratory Costs (Tables)
6 Months Ended
Jun. 30, 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
June 30,
Six months ended
June 30,
(in thousands)
2014
2013
2014
2013
Capitalized exploratory well costs at beginning of period
$
109,968

$
106,175

$
57,600

$
79,791

Additions pending determination of proved reserves
200,347

123,719

365,189

219,580

Reclassifications due to determination of proved reserves
(142,666
)
(157,722
)
(255,140
)
(227,199
)
Exploratory well costs charged to expense
(1,191
)

(1,191
)

Capitalized exploratory well costs at end of period
$
166,458

$
72,172

$
166,458

$
72,172





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

 
Six months ended
Six months ended
(in thousands)
June 30, 2014
June 30, 2013
Exploratory wells in progress
$
35,753

$
25,728

Capitalized exploratory well costs capitalized for a period of one year or less
129,477

45,245

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

1,199

Total capitalized exploratory well costs
$
166,458

$
72,172