Accounts Receivable and Accounts Payable and Accrued Expenses

12 Months Ended

Dec. 31, 2015

Accounts Receivable and Accounts Payable and Accrued Expenses [Abstract]

Accounts Receivable and Accounts Payable and Accrued Expenses [Text Block]

Note 2 – Accounts Receivable and Accounts Payable and Accrued Expenses

Accounts receivable are comprised of the following:

	As of December 31,
	2015		2014
	(in thousands)
Accrued oil, gas, and NGL production revenue	$	58,256	$	180,250
Amounts due from joint interest owners	22,269		58,347
Accrued derivative settlements	34,579		39,811
State severance tax refunds	12,072		24,394
Other	6,948		19,828
Total accounts receivable	$	134,124	$	322,630

Accounts payable and accrued expenses are comprised of the following:

	As of December 31,
	2015		2014
	(in thousands)
Accrued capital expenditures	$	97,355	$	357,156
Revenue and severance tax payable	44,387		63,779
Accrued lease operating expense	21,943		34,822
Accrued property taxes	14,078		15,059
Accrued compensation	41,154		56,279
Accrued interest	34,378		40,786
Other	49,222		72,803
Total accounts payable and accrued expenses	$	302,517	$	640,684