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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ 54,561 $ (292,720)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion, amortization and impairment 360,641 437,984
Dry holes and abandonments 119 177
Deferred income tax expense (benefit) 930 (54,754)
Stock-based compensation expense 15,460 16,873
Net gain on asset disposals (10,558) (5,595)
Amortization of debt discount and issuance costs 626 620
Changes in operating assets and liabilities:    
Accounts receivable (190,142) (103,241)
Income taxes receivable/payable 2,219 4,378
Inventory and other assets (12,190) 1,486
Accounts payable 59,469 59,357
Accrued liabilities (50,541) (8,009)
Other liabilities 32,653 (4,958)
Net cash provided by operating activities 263,247 51,598
Cash flows from investing activities:    
Purchases of property and equipment (317,553) (90,837)
Proceeds from disposal of assets 20,305 20,558
Other (2,404) (345)
Net cash used in investing activities (299,652) (70,624)
Cash flows from financing activities:    
Purchases of treasury stock (12,897) (3,574)
Dividends paid (25,936) (11,303)
Proceeds from borrowings under revolving credit facility 90,000 0
Repayment of borrowings under revolving credit facility (90,000) 0
Net cash used in financing activities (38,833) (14,877)
Effect of foreign exchange rate changes on cash 449 272
Net decrease in cash and cash equivalents (74,789) (33,631)
Cash and cash equivalents at beginning of period 117,524 224,915
Cash and cash equivalents at end of period 42,735 191,284
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents 42,735 191,284
Net cash received (paid) during the period for:    
Interest, net of capitalized interest of $689 in 2022 and $117 in 2021 (31,332) (31,031)
Income taxes (1,166) 4,196
Non-cash investing and financing activities:    
Net increase in payables for purchases of property and equipment 14,175 14,801
Net increase in deposits on equipment purchases (7,556) (66)
Cashless exercise of stock options $ 10,368 $ 0