Suspended Exploratory Well Costs (Tables)

9 Months Ended

Sep. 30, 2016

The following table reflects the change in capitalized exploratory well costs for the nine months ended September 30, 2016 and the year ended December 31, 2015 (in thousands):

		September 30, 2016			December 31, 2015
Balance at beginning of period	$	4,161		$	2,996
Additions to capitalized exploratory well costs pending the determination of proved reserves		1,684			1,165
Reclassifications to wells, facilities and equipment based on determination of proved reserves		(5,845	)		¾
Divested wells		¾			¾
Balance at end of period		¾			4,161
Less exploratory well costs that have been capitalized for a period of one year or less		¾			(1,165	)
Capitalized exploratory well costs that have been capitalized for a period greater than one year	$	¾		$	2,996
Number of projects that have exploration well costs that have been capitalized greater than one year		¾			1