Woodford Joint Development Agreement	12 Months Ended
Dec. 31, 2012
Woodford Joint Development Agreement [Abstract]
Woodford Joint Development Agreement	Woodford Joint Development Agreement In May 2010, PetroQuest Energy, L.L.C. entered into a joint development agreement (“JDA”) with WSGP Gas Producing LLC (WSGP), a subsidiary of NextEra Energy Resources, LLC, whereby WSGP acquired approximately 29 Bcfe of the Company’s Woodford proved undeveloped reserves (PUDs) as well as the right to earn 50% of the Company’s undeveloped Woodford acreage position through a two phase drilling program. The Company received $57.4 million in cash at closing, net of $2.6 million in fees incurred in relation to the transaction, and recorded a $14.0 million receivable for a contractual payment that was to be received in 2011. The Company received the $14.0 million contractual payment on November 30, 2011. The Company recorded the total consideration of approximately $71.0 million during 2010 as an adjustment to capitalized costs with no gain or loss recognized. Certain defined production performance metrics were achieved during the fourth quarter of 2011 and the Company received an additional $14 million during December 2011, which was also recorded as a reduction of capitalized costs. Additionally, since May 2010, WSGP has funded a share of the Company’s drilling costs under a long-term drilling program. During February 2012, the Company amended its Woodford Shale JDA to accelerate the entry into Phase 2 of the drilling program and modify the drilling carry ratio effective March 1, 2012. Under the amended JDA, the Phase 2 drilling carry has been expanded to provide for development in both the Mississippian Lime and Woodford Shale plays whereby the Company will pay 25% of the cost to drill and complete wells and receive a 50% ownership interest. The Phase 2 drilling carry totals approximately $93 million and will be subject to extensions in one-year intervals.

Woodford Joint Development Agreement

In May 2010, PetroQuest Energy, L.L.C. entered into a joint development agreement (“JDA”) with WSGP Gas Producing LLC (WSGP), a subsidiary of NextEra Energy Resources, LLC, whereby WSGP acquired approximately 29 Bcfe of the Company’s Woodford proved undeveloped reserves (PUDs) as well as the right to earn 50% of the Company’s undeveloped Woodford acreage position through a two phase drilling program. The Company received $57.4 million in cash at closing, net of $2.6 million in fees incurred in relation to the transaction, and recorded a $14.0 million receivable for a contractual payment that was to be received in 2011. The Company received the $14.0 million contractual payment on November 30, 2011. The Company recorded the total consideration of approximately $71.0 million during 2010 as an adjustment to capitalized costs with no gain or loss recognized. Certain defined production performance metrics were achieved during the fourth quarter of 2011 and the Company received an additional $14 million during December 2011, which was also recorded as a reduction of capitalized costs. Additionally, since May 2010, WSGP has funded a share of the Company’s drilling costs under a long-term drilling program.

During February 2012, the Company amended its Woodford Shale JDA to accelerate the entry into Phase 2 of the drilling program and modify the drilling carry ratio effective March 1, 2012. Under the amended JDA, the Phase 2 drilling carry has been expanded to provide for development in both the Mississippian Lime and Woodford Shale plays whereby the Company will pay 25% of the cost to drill and complete wells and receive a 50% ownership interest. The Phase 2 drilling carry totals approximately $93 million and will be subject to extensions in one-year intervals.