Commitments and Contingencies	9 Months Ended
Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Drilling and Completion Commitments As of September 30, 2015, we had a contractual commitment for one drilling rig with a term expiring in February 2016. The minimum commitment under this agreement is $2.4 million for the fourth quarter of 2015 and $0.8 million in 2016. In September 2015, we renegotiated an existing commitment to purchase certain coil tubing services at a lower rate and extended the expiration from December 31, 2015 to June 30, 2016. The minimum commitment remaining under this agreement is $1.0 million. The drilling rig and coil tubing services agreements include early termination provisions that would require us to pay penalties if we terminate the agreements prior to the end of their scheduled terms. The amount of the penalty is based on the number of days remaining in the contractual term. The penalty amount would have been $3.4 million had we terminated those agreements on September 30, 2015. In 2015, we reduced our total drilling rig count from eight to one. We incurred a total of $6.2 million in early termination charges with respect to these terminations in the nine months ended September 30, 2015, which have been reported as a component of Exploration expense on our Condensed Consolidated Statements of Operations. Firm Transportation Commitments We have entered into contracts for firm transportation capacity rights for specified daily volumes on various pipeline systems with remaining terms that range from less than one to 13 years. The contracts require us to pay transportation demand charges regardless of the amount of pipeline capacity we use. The minimum commitment under these agreements is $0.5 million for the fourth quarter of 2015 and approximately $1.1 million per year through 2028. We may sell excess capacity to third parties at our discretion. Gathering and Intermediate Transportation Commitments We have a long-term agreement for natural gas gathering, compression and gas lift services for a substantial portion of our natural gas production in the South Texas region through 2038. The agreement requires us to make certain minimum payments regardless of the volume of natural gas production for the first three years of the term. The minimum fee requirement remaining under this agreement is $1.1 million for the fourth quarter of 2015 and $5.0 million in 2016. We also have long-term agreements for gathering and intermediate pipeline transportation services for a substantial portion of our crude oil and condensate production in the South Texas region. Our payment obligations with respect to these services will begin when construction of the gathering and transportation system is completed, which is expected to be in the first quarter of 2016. The agreements also require us to commit certain minimum volumes of crude oil production for the first ten years of the agreements’ terms, which will result in minimum fee requirements of approximately $12.3 million on an annual basis. Financial Advisory Commitment In July 2015, we retained Jefferies to provide financial advice generally and to act as our exclusive financial advisor in connection with asset-level financing transactions with investors related to our Eagle Ford assets, including joint venture arrangement transactions. In connection with this engagement, Jefferies is also advising us with respect to various financing and debt restructuring options. In addition to certain cash-based fees in connection with these services, we have agreed to pay Jefferies an advisory fee of 6.5 million shares of our common stock payable upon the closing of an asset-level financing transaction. Other Commitments In connection with our August 2014 acquisition of undeveloped acreage in the Eagle Ford in Lavaca County, Texas, we committed to providing a drilling carry in the amount of $10.7 million to support development of this acreage through July 2017. If we have not incurred the full balance of the drilling carry by the third anniversary date of the transaction, we will be required to make a cash payment to the seller to satisfy any shortfall. Legal and Regulatory We are involved, from time to time, in various legal proceedings arising in the ordinary course of business. While the ultimate results of these proceedings cannot be predicted with certainty, our management believes that these claims will not have a material effect on our financial position, results of operations or cash flows. During 2010, we established a $0.9 million reserve for a litigation matter that remained outstanding as of September 30, 2015. As of September 30, 2015, we also had AROs of approximately $2.6 million attributable to the plugging of abandoned wells.

Commitments and Contingencies

Drilling and Completion Commitments

As of September 30, 2015, we had a contractual commitment for one drilling rig with a term expiring in February 2016. The minimum commitment under this agreement is $2.4 million for the fourth quarter of 2015 and $0.8 million in 2016. In September 2015, we renegotiated an existing commitment to purchase certain coil tubing services at a lower rate and extended the expiration from December 31, 2015 to June 30, 2016. The minimum commitment remaining under this agreement is $1.0 million. The drilling rig and coil tubing services agreements include early termination provisions that would require us to pay penalties if we terminate the agreements prior to the end of their scheduled terms. The amount of the penalty is based on the number of days remaining in the contractual term. The penalty amount would have been $3.4 million had we terminated those agreements on September 30, 2015.

In 2015, we reduced our total drilling rig count from eight to one. We incurred a total of $6.2 million in early termination charges with respect to these terminations in the nine months ended September 30, 2015, which have been reported as a component of Exploration expense on our Condensed Consolidated Statements of Operations.

Firm Transportation Commitments

We have entered into contracts for firm transportation capacity rights for specified daily volumes on various pipeline systems with remaining terms that range from less than one to 13 years. The contracts require us to pay transportation demand charges regardless of the amount of pipeline capacity we use. The minimum commitment under these agreements is $0.5 million for the fourth quarter of 2015 and approximately $1.1 million per year through 2028. We may sell excess capacity to third parties at our discretion.

Gathering and Intermediate Transportation Commitments

We have a long-term agreement for natural gas gathering, compression and gas lift services for a substantial portion of our natural gas production in the South Texas region through 2038. The agreement requires us to make certain minimum payments regardless of the volume of natural gas production for the first three years of the term. The minimum fee requirement remaining under this agreement is $1.1 million for the fourth quarter of 2015 and $5.0 million in 2016.

We also have long-term agreements for gathering and intermediate pipeline transportation services for a substantial portion of our crude oil and condensate production in the South Texas region. Our payment obligations with respect to these services will begin when construction of the gathering and transportation system is completed, which is expected to be in the first quarter of 2016. The agreements also require us to commit certain minimum volumes of crude oil production for the first ten years of the agreements’ terms, which will result in minimum fee requirements of approximately $12.3 million on an annual basis.

Financial Advisory Commitment

In July 2015, we retained Jefferies to provide financial advice generally and to act as our exclusive financial advisor in connection with asset-level financing transactions with investors related to our Eagle Ford assets, including joint venture arrangement transactions. In connection with this engagement, Jefferies is also advising us with respect to various financing and debt restructuring options. In addition to certain cash-based fees in connection with these services, we have agreed to pay Jefferies an advisory fee of 6.5 million shares of our common stock payable upon the closing of an asset-level financing transaction.

Other Commitments

In connection with our August 2014 acquisition of undeveloped acreage in the Eagle Ford in Lavaca County, Texas, we committed to providing a drilling carry in the amount of $10.7 million to support development of this acreage through July 2017. If we have not incurred the full balance of the drilling carry by the third anniversary date of the transaction, we will be required to make a cash payment to the seller to satisfy any shortfall.

Legal and Regulatory

We are involved, from time to time, in various legal proceedings arising in the ordinary course of business. While the ultimate results of these proceedings cannot be predicted with certainty, our management believes that these claims will not have a material effect on our financial position, results of operations or cash flows. During 2010, we established a $0.9 million reserve for a litigation matter that remained outstanding as of September 30, 2015. As of September 30, 2015, we also had AROs of approximately $2.6 million attributable to the plugging of abandoned wells.