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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating revenue:    
Oil production $ 186,925 $ 201,758
Gas production 36,822 28,857
Natural gas liquids production 9,178 13,452
Other operational income 807 890
Total operating revenue 233,732 244,957
Operating expenses:    
Lease operating expenses 53,044 44,480
Transportation, processing and gathering expenses 5,397 3,657
Production taxes 2,089 3,378
Depreciation, depletion and amortization 75,435 84,575
Accretion expense 8,263 8,266
Salaries, general and administrative expenses 13,952 13,705
Incentive compensation expense 1,431 1,442
Derivative expense, net 1,221 485
Other operational expenses 72 42
Total operating expenses 160,904 160,030
Income from operations 72,828 84,927
Other (income) expenses:    
Interest expense 9,635 5,731
Interest income (117) (31)
Other income (726) (420)
Total other (income) expenses 8,792 5,280
Income (loss) before taxes 64,036 79,647
Provision (benefit) for income taxes:    
Current (3,746) 1,234
Deferred 27,024 27,439
Total income taxes 23,278 28,673
Net income $ 40,758 $ 50,974
Basic earnings per share $ 0.82 $ 1.04
Diluted earnings per share $ 0.82 $ 1.04
Average shares outstanding 48,619 48,254
Average shares outstanding assuming dilution 48,657 48,299