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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash flows from operating activities      
Net income (loss) $ 322,698 $ 163,152 $ (976,177)
Adjustments to reconcile net income (loss) to cash flows from operating activities      
Depletion, depreciation, and amortization 216,449 207,713 846,043
Write-down of oil and natural gas properties 0 0 810,921
Deferred income taxes 103,234 (95,779) (543,385)
Stock-based compensation 11,951 15,154 14,995
Commodity derivatives expense (income) (21,087) 77,576 127,944
Receipt (payment) on settlements of commodity derivatives (175,248) (47,795) 84,181
Gain on debt extinguishment 0 0 (115,095)
Debt issuance costs and discounts 6,246 6,191 17,006
Other, net (4,725) 3,112 (2,161)
Changes in assets and liabilities, net of effects from acquisitions      
Accrued production receivable 20,547 (21,398) (24,290)
Trade and other receivables 16,094 (4,421) 35,923
Other current and long-term assets (6,827) (1,722) (8,661)
Accounts payable and accrued liabilities 13,008 (24,710) (34,240)
Oil and natural gas production payable (15,300) (3,997) (6,752)
Other liabilities 42,645 (5,933) (7,029)
Net cash provided by operating activities 529,685 267,143 219,223
Cash flows from investing activities      
Oil and natural gas capital expenditures (316,647) (262,867) (243,027)
Acquisitions of oil and natural gas properties (541) (88,886) (1,310)
CO2 capital expenditures (5,878) (2,159) (2,321)
Pipelines and plants capital expenditures (23,108) (2,540) (2,666)
Net proceeds from sales of oil and natural gas properties and equipment 7,762 1,696 47,725
Other 5,136 (2,058) (3,064)
Net cash used in investing activities (333,276) (356,814) (204,663)
Cash flows from financing activities      
Bank repayments (1,982,653) (1,589,000) (1,730,500)
Bank borrowings 1,507,653 1,763,000 1,856,500
Interest payments treated as a reduction of debt (79,606) (50,349) (25,835)
Proceeds from issuance of senior secured notes 450,000 0 0
Repayment or repurchases of senior subordinated notes 0 (2,503) (76,708)
Cost of debt financing (16,060) (6,289) (9,574)
Pipeline financing and capital lease debt repayments (23,300) (27,462) (28,849)
Other (13,486) 1,216 (46)
Net cash provided by (used in) financing activities (157,452) 88,613 (15,012)
Net increase (decrease) in cash, cash equivalents, and restricted cash 38,957 (1,058) (452)
Cash, cash equivalents, and restricted cash at beginning of year 15,992 17,050 17,502
Cash, cash equivalents, and restricted cash at end of year $ 54,949 $ 15,992 $ 17,050