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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income $ 325,332,000 $ 245,056,000
Adjustments needed to reconcile to net cash flow provided by operations    
Depletion, depreciation, and amortization 253,184,000 197,089,000
Deferred income taxes 167,289,000 144,620,000
Stock-based compensation 15,249,000 18,132,000
Noncash fair value derivative adjustments (87,686,000) (11,451,000)
Loss on early extinguishment of debt 0 16,131,000
Amortization of debt issuance costs and discounts 7,347,000 9,613,000
Impairment of assets 17,515,000 0
Other, net 15,835,000 (3,915,000)
Changes in operating assets and liabilities:    
Accrued production receivable 35,466,000 (35,068,000)
Trade and other receivables (10,769,000) (10,142,000)
Other current and long-term assets 6,851,000 (21,036,000)
Accounts payable and accrued liabilities 28,256,000 (48,471,000)
Oil and natural gas production payable (7,985,000) 30,135,000
Other liabilities (33,264,000) (7,340,000)
Net cash provided by operating activities 732,620,000 523,353,000
Cash flows from investing activities    
Oil and natural gas capital expenditures (574,008,000) (471,601,000)
Acquisitions of oil and natural gas properties (154,366,000) (32,482,000)
CO2 capital expenditures (53,313,000) (32,042,000)
Pipelines and plants capital expenditures (169,675,000) (98,237,000)
Purchases of other assets (10,748,000) (20,372,000)
Net proceeds from sales of oil and natural gas properties and equipment 32,302,000 18,432,000
Proceeds from sale of short-term investments 83,545,000 0
Other (2,961,000) 3,462,000
Net cash used for investing activities (849,224,000) (632,840,000)
Cash flows from financing activities    
Bank repayments (400,000,000) (130,000,000)
Bank borrowings 535,000,000 130,000,000
Repayment of senior subordinated notes 0 (525,000,000)
Premium paid on repayment of senior subordinated notes 0 (13,137,000)
Net proceeds from issuance of senior subordinated notes 0 400,000,000
Net proceeds from issuance of common stock 8,055,000 9,203,000
Costs of debt financing (11,000) (13,274,000)
Other (17,020,000) (8,382,000)
Net cash provided by (used for) financing activities 126,024,000 (150,590,000)
Net increase (decrease) in cash and cash equivalents 9,420,000 (260,077,000)
Cash and cash equivalents at beginning of period 18,693,000 381,869,000
Cash and cash equivalents at end of period $ 28,113,000 $ 121,792,000