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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands
2 Months Ended 10 Months Ended 12 Months Ended
Feb. 28, 2017
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenue:        
Oil production   $ 211,792,000    
Natural gas production   18,874,000    
Natural gas liquids production   9,610,000    
Other operational income   10,008,000    
Derivative income, net   0    
Total operating revenue   250,284,000    
Operating expenses:        
Lease operating expenses   49,800,000    
Transportation, processing and gathering expenses   4,084,000    
Production taxes   629,000    
Depreciation, depletion and amortization   99,890,000    
Write-down of oil and gas properties   256,435,000    
Accretion expense   21,151,000    
Salaries, general and administrative expenses   47,817,000    
Incentive compensation expense   8,045,000    
Restructuring fees   739,000    
Other operational expenses   3,359,000    
Derivative expense, net   13,388,000    
Total operating expenses   505,337,000    
Gain (loss) on Appalachia Properties divestiture   (105,000)    
Income (loss) from operations   (255,158,000)    
Other (income) expense:        
Interest expense   11,744,000    
Interest income   (998,000)    
Other income   (1,156,000)    
Other expense   1,230,000    
Reorganization items, net   0    
Total other (income) expense   10,820,000    
Income (loss) before income taxes   (265,978,000)    
Provision (benefit) for income taxes:        
Current   (18,339,000)    
Deferred   0    
Total income taxes   (18,339,000)    
Net income (loss)   $ (247,639,000)    
Basic income (loss) per share (in usd per share)   $ (12.38)    
Diluted income (loss) per share (in usd per share)   $ (12.38)    
Average shares outstanding (in shares)   19,997    
Average shares outstanding assuming dilution (in shares)   19,997    
Predecessor        
Operating revenue:        
Oil production $ 45,837,000   $ 281,246,000 $ 416,497,000
Natural gas production 13,476,000   64,601,000 83,509,000
Natural gas liquids production 8,706,000   28,888,000 32,322,000
Other operational income 903,000   2,657,000 4,369,000
Derivative income, net 0   0 7,952,000
Total operating revenue 68,922,000   377,392,000 544,649,000
Operating expenses:        
Lease operating expenses 8,820,000   79,650,000 100,139,000
Transportation, processing and gathering expenses 6,933,000   27,760,000 58,847,000
Production taxes 682,000   3,148,000 6,877,000
Depreciation, depletion and amortization 37,429,000   220,079,000 281,688,000
Write-down of oil and gas properties 0   357,431,000 1,362,447,000
Accretion expense 5,447,000   40,229,000 25,988,000
Salaries, general and administrative expenses 9,629,000   58,928,000 69,384,000
Incentive compensation expense 2,008,000   13,475,000 2,242,000
Restructuring fees 0   29,597,000 0
Other operational expenses 530,000   55,453,000 2,360,000
Derivative expense, net 1,778,000   810,000 0
Total operating expenses 73,256,000   886,560,000 1,909,972,000
Gain (loss) on Appalachia Properties divestiture 213,453,000   0 0
Income (loss) from operations 209,119,000   (509,168,000) (1,365,323,000)
Other (income) expense:        
Interest expense 0   64,458,000 43,928,000
Interest income (45,000)   (550,000) (580,000)
Other income (315,000)   (1,439,000) (1,783,000)
Other expense 13,336,000   596,000 434,000
Reorganization items, net (437,744,000)   10,947,000 0
Total other (income) expense (424,768,000)   74,012,000 41,999,000
Income (loss) before income taxes 633,887,000   (583,180,000) (1,407,322,000)
Provision (benefit) for income taxes:        
Current 3,570,000   (5,674,000) (44,096,000)
Deferred 0   13,080,000 (272,311,000)
Total income taxes 3,570,000   7,406,000 (316,407,000)
Net income (loss) $ 630,317,000   $ (590,586,000) $ (1,090,915,000)
Basic income (loss) per share (in usd per share) $ 110.99   $ (105.63) $ (197.45)
Diluted income (loss) per share (in usd per share) $ 110.99   $ (105.63) $ (197.45)
Average shares outstanding (in shares) 5,634   5,591 5,525
Average shares outstanding assuming dilution (in shares) 5,634   5,591 5,525