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CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating revenue:                      
Oil production                 $ 516,104us-gaap_OilAndCondensateRevenue $ 715,104us-gaap_OilAndCondensateRevenue $ 761,304us-gaap_OilAndCondensateRevenue
Natural gas production                 166,494us-gaap_NaturalGasProductionRevenue 190,580us-gaap_NaturalGasProductionRevenue 134,739us-gaap_NaturalGasProductionRevenue
Natural gas liquids production                 85,642us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue 60,687us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue 48,498us-gaap_GasGatheringTransportationMarketingAndProcessingRevenue
Other operational income                 7,951us-gaap_OtherSalesRevenueNet 7,808us-gaap_OtherSalesRevenueNet 3,520us-gaap_OtherSalesRevenueNet
Derivative income, net                 19,351us-gaap_DerivativeGainLossOnDerivativeNet   3,428us-gaap_DerivativeGainLossOnDerivativeNet
Total operating revenue 184,780us-gaap_Revenues 183,213us-gaap_Revenues 207,046us-gaap_Revenues 223,830us-gaap_Revenues 239,253us-gaap_Revenues 256,685us-gaap_Revenues 245,877us-gaap_Revenues 233,732us-gaap_Revenues 795,542us-gaap_Revenues 974,179us-gaap_Revenues 951,489us-gaap_Revenues
Operating expenses:                      
Lease operating expenses                 176,495us-gaap_LeaseOperatingExpense 201,153us-gaap_LeaseOperatingExpense 215,003us-gaap_LeaseOperatingExpense
Transportation, processing and gathering expenses                 64,951us-gaap_GasGatheringTransportationMarketingAndProcessingCosts 42,172us-gaap_GasGatheringTransportationMarketingAndProcessingCosts 21,782us-gaap_GasGatheringTransportationMarketingAndProcessingCosts
Production taxes                 12,151us-gaap_ProductionTaxExpense 15,029us-gaap_ProductionTaxExpense 10,015us-gaap_ProductionTaxExpense
Depreciation, depletion and amortization                 340,006us-gaap_DepreciationDepletionAndAmortization 350,574us-gaap_DepreciationDepletionAndAmortization 344,365us-gaap_DepreciationDepletionAndAmortization
Write-down of oil and gas properties 304,062us-gaap_ImpairmentOfOilAndGasProperties 47,130us-gaap_ImpairmentOfOilAndGasProperties             351,192us-gaap_ImpairmentOfOilAndGasProperties    
Accretion expense                 28,411us-gaap_AssetRetirementObligationAccretionExpense 33,575us-gaap_AssetRetirementObligationAccretionExpense 33,331us-gaap_AssetRetirementObligationAccretionExpense
Salaries, general and administrative expenses                 66,451us-gaap_GeneralAndAdministrativeExpense 59,524us-gaap_GeneralAndAdministrativeExpense 54,648us-gaap_GeneralAndAdministrativeExpense
Franchise tax settlement         12,590us-gaap_GainLossRelatedToLitigationSettlement         12,590us-gaap_GainLossRelatedToLitigationSettlement  
Incentive compensation expense                 10,361us-gaap_OtherLaborRelatedExpenses 15,340us-gaap_OtherLaborRelatedExpenses 8,113us-gaap_OtherLaborRelatedExpenses
Other operational expenses                 862us-gaap_OtherCostAndExpenseOperating 151us-gaap_OtherCostAndExpenseOperating 267us-gaap_OtherCostAndExpenseOperating
Derivative expense, net                   2,090us-gaap_DerivativeLossOnDerivative  
Total operating expenses                 1,050,880us-gaap_OperatingExpenses 732,198us-gaap_OperatingExpenses 687,524us-gaap_OperatingExpenses
Income (loss) from operations (286,147)us-gaap_OperatingIncomeLoss [1] (34,356)us-gaap_OperatingIncomeLoss [2] 16,613us-gaap_OperatingIncomeLoss 48,552us-gaap_OperatingIncomeLoss 37,206us-gaap_OperatingIncomeLoss [3] 62,422us-gaap_OperatingIncomeLoss 69,525us-gaap_OperatingIncomeLoss 72,828us-gaap_OperatingIncomeLoss (255,338)us-gaap_OperatingIncomeLoss 241,981us-gaap_OperatingIncomeLoss 263,965us-gaap_OperatingIncomeLoss
Other (income) expenses:                      
Interest expense                 38,855us-gaap_InterestExpense 32,837us-gaap_InterestExpense 30,375us-gaap_InterestExpense
Interest income                 (574)us-gaap_InvestmentIncomeInterest (1,695)us-gaap_InvestmentIncomeInterest (600)us-gaap_InvestmentIncomeInterest
Other income                 (2,332)us-gaap_OtherNonoperatingIncome (2,799)us-gaap_OtherNonoperatingIncome (1,805)us-gaap_OtherNonoperatingIncome
Other expense                 274us-gaap_OtherNonoperatingExpense    
Loss on early extinguishment of debt         27,279us-gaap_GainsLossesOnExtinguishmentOfDebt         27,279us-gaap_GainsLossesOnExtinguishmentOfDebt 1,972us-gaap_GainsLossesOnExtinguishmentOfDebt
Total other (income) expenses                 36,223us-gaap_NonoperatingIncomeExpense 55,622us-gaap_NonoperatingIncomeExpense 29,942us-gaap_NonoperatingIncomeExpense
Income (loss) before income taxes                 (291,561)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 186,359us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 234,023us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision (benefit) for income taxes:                      
Current                 159us-gaap_CurrentIncomeTaxExpenseBenefit (10,904)us-gaap_CurrentIncomeTaxExpenseBenefit 15,022us-gaap_CurrentIncomeTaxExpenseBenefit
Deferred                 (102,177)us-gaap_DeferredIncomeTaxExpenseBenefit 79,629us-gaap_DeferredIncomeTaxExpenseBenefit 69,575us-gaap_DeferredIncomeTaxExpenseBenefit
Total income taxes                 (102,018)us-gaap_IncomeTaxExpenseBenefit 68,725us-gaap_IncomeTaxExpenseBenefit 84,597us-gaap_IncomeTaxExpenseBenefit
Net income (loss) $ (190,515)us-gaap_NetIncomeLoss [1] $ (29,415)us-gaap_NetIncomeLoss [2] $ 4,444us-gaap_NetIncomeLoss $ 25,943us-gaap_NetIncomeLoss $ 1,752us-gaap_NetIncomeLoss [3],[4] $ 36,102us-gaap_NetIncomeLoss $ 39,022us-gaap_NetIncomeLoss $ 40,758us-gaap_NetIncomeLoss $ (189,543)us-gaap_NetIncomeLoss $ 117,634us-gaap_NetIncomeLoss $ 149,426us-gaap_NetIncomeLoss
Basic earnings (loss) per share $ (3.47)us-gaap_EarningsPerShareBasic $ (0.54)us-gaap_EarningsPerShareBasic $ 0.08us-gaap_EarningsPerShareBasic $ 0.52us-gaap_EarningsPerShareBasic $ 0.04us-gaap_EarningsPerShareBasic $ 0.72us-gaap_EarningsPerShareBasic $ 0.78us-gaap_EarningsPerShareBasic $ 0.82us-gaap_EarningsPerShareBasic $ (3.60)us-gaap_EarningsPerShareBasic $ 2.36us-gaap_EarningsPerShareBasic $ 3.03us-gaap_EarningsPerShareBasic
Diluted earnings (loss) per share $ (3.47)us-gaap_EarningsPerShareDiluted $ (0.54)us-gaap_EarningsPerShareDiluted $ 0.08us-gaap_EarningsPerShareDiluted $ 0.52us-gaap_EarningsPerShareDiluted $ 0.04us-gaap_EarningsPerShareDiluted $ 0.72us-gaap_EarningsPerShareDiluted $ 0.78us-gaap_EarningsPerShareDiluted $ 0.82us-gaap_EarningsPerShareDiluted $ (3.60)us-gaap_EarningsPerShareDiluted $ 2.36us-gaap_EarningsPerShareDiluted $ 3.03us-gaap_EarningsPerShareDiluted
Average shares outstanding                 52,721us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 48,693us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 48,319us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Average shares outstanding assuming dilution                 52,721us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 48,735us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 48,361us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Includes a write-down of oil and gas properties of $304,062 before income tax effect ($194,600 net of income tax effect).
[2] Includes a write-down of oil and gas properties of $47,130 before income tax effect ($30,163 net of income tax effect).
[3] Includes franchise tax settlement of $12,590 before income tax effect ($8,058 net of income tax effect).
[4] Includes loss on early extinguishment of debt of $27,279 before income tax effect ($17,459 net of income tax effect).