2014 Q1 Form 10-K Financial Statement
#000156459014000635 Filed on March 07, 2014
Income Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
Revenue | $254.5M | $244.9M | $984.1M |
YoY Change | -1.82% | 3.28% | 12.53% |
Cost Of Revenue | $55.60M | $75.90M | $270.8M |
YoY Change | -6.24% | 22.62% | 16.57% |
Gross Profit | $198.9M | $169.0M | $713.2M |
YoY Change | -0.5% | -3.54% | 11.06% |
Gross Profit Margin | 78.15% | 69.0% | 72.47% |
Selling, General & Admin | $30.90M | $27.50M | $106.0M |
YoY Change | 13.19% | 11.79% | -2.21% |
% of Gross Profit | 15.54% | 16.27% | 14.86% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $123.3M | $138.6M | $430.6M |
YoY Change | 13.22% | 32.89% | 28.09% |
% of Gross Profit | 61.99% | 82.01% | 60.38% |
Operating Expenses | $154.2M | $166.1M | $557.6M |
YoY Change | 13.22% | 28.76% | 20.02% |
Operating Profit | $37.23M | $622.0K | $146.7M |
YoY Change | -38.29% | -98.67% | -13.34% |
Interest Expense | -$26.90M | -$21.30M | -$84.20M |
YoY Change | 21.17% | 33.13% | -233.08% |
% of Operating Profit | -72.26% | -3424.44% | -57.38% |
Other Income/Expense, Net | $0.00 | $100.0K | |
YoY Change | -53.49% | ||
Pretax Income | $17.84M | -$18.50M | $80.10M |
YoY Change | -57.04% | -161.06% | -32.99% |
Income Tax | $6.648M | -$6.600M | $28.77M |
% Of Pretax Income | 37.27% | 35.92% | |
Net Earnings | $11.19M | -$11.89M | $51.32M |
YoY Change | -57.96% | -171.3% | -28.7% |
Net Earnings / Revenue | 4.4% | -4.85% | 5.22% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $148.1K | -$158.0K | $682.2K |
COMMON SHARES | |||
Basic Shares Outstanding | 75.59M | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $20.30M | $15.80M | $15.80M |
YoY Change | 65.04% | 29.51% | 29.51% |
Cash & Equivalents | $20.34M | $15.80M | $15.80M |
Short-Term Investments | |||
Other Short-Term Assets | $27.00M | $30.00M | $30.00M |
YoY Change | 13.45% | 15.83% | 15.83% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $121.5M | $96.75M | $127.9M |
Other Receivables | $3.200M | $0.00 | $0.00 |
Total Short-Term Assets | $172.0M | $173.6M | $173.6M |
YoY Change | -19.89% | -27.7% | -27.7% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.262B | $2.276B | $2.276B |
YoY Change | 7.77% | 10.45% | 10.45% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $60.20M | $20.46M | $57.90M |
YoY Change | 219.28% | 2.57% | 19.63% |
Total Long-Term Assets | $2.323B | $2.334B | $2.334B |
YoY Change | 8.16% | 10.66% | 10.66% |
TOTAL ASSETS | |||
Total Short-Term Assets | $172.0M | $173.6M | $173.6M |
Total Long-Term Assets | $2.323B | $2.334B | $2.334B |
Total Assets | $2.495B | $2.507B | $2.507B |
YoY Change | 5.61% | 6.74% | 6.74% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $115.3M | $145.2M | $145.2M |
YoY Change | 2.74% | 17.22% | 17.19% |
Accrued Expenses | $31.60M | $28.00M | $18.60M |
YoY Change | -19.11% | 33.2% | 26.53% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | ||
YoY Change | |||
Total Short-Term Liabilities | $266.0M | $293.1M | $293.1M |
YoY Change | 1.33% | 6.74% | 6.74% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.194B | $1.205B | $1.205B |
YoY Change | 12.61% | 10.83% | 10.83% |
Other Long-Term Liabilities | $299.2M | $13.39M | $290.0M |
YoY Change | 3510.04% | 50.29% | -3.43% |
Total Long-Term Liabilities | $1.493B | $1.219B | $1.495B |
YoY Change | 39.75% | 11.15% | 7.75% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $266.0M | $293.1M | $293.1M |
Total Long-Term Liabilities | $1.493B | $1.219B | $1.495B |
Total Liabilities | $1.947B | $1.512B | $1.967B |
YoY Change | 46.32% | 10.27% | 8.79% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $161.2M | ||
YoY Change | -4.7% | ||
Common Stock | $403.6M | ||
YoY Change | 1.86% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $24.17M | ||
YoY Change | 0.0% | ||
Treasury Stock Shares | |||
Shareholders Equity | $547.3M | $540.6M | $540.6M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.495B | $2.507B | $2.507B |
YoY Change | 5.61% | 6.74% | 6.74% |
Cashflow Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $11.19M | -$11.89M | $51.32M |
YoY Change | -57.96% | -171.3% | -28.7% |
Depreciation, Depletion And Amortization | $123.3M | $138.6M | $430.6M |
YoY Change | 13.22% | 32.89% | 28.09% |
Cash From Operating Activities | $136.1M | $86.90M | $561.4M |
YoY Change | -19.86% | 158.63% | 45.76% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$95.30M | -$129.0M | -$553.4M |
YoY Change | -30.29% | -23.12% | 14.74% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$17.60M | -$67.40M | -$62.80M |
YoY Change | -57.53% | -64.13% | |
Cash From Investing Activities | -$112.9M | -$196.3M | -$614.8M |
YoY Change | -17.43% | -39.88% | -6.49% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $7.563M | $58.85M | |
YoY Change | 25.63% | -28.96% | |
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -18.60M | 110.0M | 57.00M |
YoY Change | -43.74% | -63.1% | -79.64% |
NET CHANGE | |||
Cash From Operating Activities | 136.1M | 86.90M | 561.4M |
Cash From Investing Activities | -112.9M | -196.3M | -614.8M |
Cash From Financing Activities | -18.60M | 110.0M | 57.00M |
Net Change In Cash | 4.600M | 600.0K | 3.555M |
YoY Change | 14275.0% | -88.46% | -54.03% |
FREE CASH FLOW | |||
Cash From Operating Activities | $136.1M | $86.90M | $561.4M |
Capital Expenditures | -$95.30M | -$129.0M | -$553.4M |
Free Cash Flow | $231.4M | $215.9M | $1.115B |
YoY Change | -24.51% | 7.2% | 28.51% |
Facts In Submission
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1205421000 | |
CY2011 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
29771000 | |
CY2012 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
63268000 | |
CY2012 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
215000 | |
CY2013 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.68 | |
CY2012 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.95 | |
CY2011 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
299015000 | |
CY2013 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
20918000 | |
CY2012 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
13274000 | |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
51322000 | |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
336177000 | |
CY2012 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
20055000 | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
169167000 | |
CY2012Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
24167000 | |
CY2013Q4 | us-gaap |
Value Of Properties Other Than That Attributable To Proved Reserves
ValueOfPropertiesOtherThanThatAttributableToProvedReserves
|
116612000 | |
CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
146731000 | |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
24167000 | |
CY2013 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9074000 | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
540610000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
178142000 | |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
161212000 | |
CY2012Q4 | us-gaap |
Assets
Assets
|
2348987000 | |
CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
145212000 | |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
123885000 | |
CY2013Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
77785000 | |
CY2012Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
92630000 | |
CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
21021000 | |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
274609000 | |
CY2012Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
291423000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
145249000 | |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2012Q4 | us-gaap |
Value Of Properties Other Than That Attributable To Proved Reserves
ValueOfPropertiesOtherThanThatAttributableToProvedReserves
|
123503000 | |
CY2013Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | |
CY2012Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
118330000 | |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
78118803 | |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
75249630 | |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
430611000 | |
CY2013 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
85639000 | |
CY2013 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
10058000 | |
CY2011 | us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
9877000 | |
CY2013 | us-gaap |
Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
|
-686100000 | |
CY2012 | us-gaap |
Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
|
-620400000 | |
CY2012Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
384053000 | |
CY2013 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
81543000 | |
CY2013 | wti |
Asset Retirement Obligations Disposition Of Properties
AssetRetirementObligationsDispositionOfProperties
|
19564000 | |
CY2013 | wti |
Asset Retirement Obligations Liabilities Assumed Through Acquisition
AssetRetirementObligationsLiabilitiesAssumedThroughAcquisition
|
4233000 | |
CY2013 | us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
1745000 | |
CY2013Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
354422000 | |
CY2011Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
393880000 | |
CY2012 | us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
112827000 | |
CY2012 | wti |
Asset Retirement Obligations Disposition Of Properties
AssetRetirementObligationsDispositionOfProperties
|
3993000 | |
CY2012 | wti |
Asset Retirement Obligations Liabilities Assumed Through Acquisition
AssetRetirementObligationsLiabilitiesAssumedThroughAcquisition
|
31664000 | |
CY2012 | us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
1815000 | |
CY2013 | wti |
Reduction In Asset Retirement Obligations Including Plug And Abandon Wells And Facilities Damaged By Hurricane
ReductionInAssetRetirementObligationsIncludingPlugAndAbandonWellsAndFacilitiesDamagedByHurricane
|
11600000 | |
CY2012 | wti |
Reduction In Asset Retirement Obligations Including Plug And Abandon Wells And Facilities Damaged By Hurricane
ReductionInAssetRetirementObligationsIncludingPlugAndAbandonWellsAndFacilitiesDamagedByHurricane
|
29600000 | |
CY2013 | wti |
Realized Gain Loss On Commodity Contracts
RealizedGainLossOnCommodityContracts
|
-8589000 | |
CY2012 | wti |
Realized Gain Loss On Commodity Contracts
RealizedGainLossOnCommodityContracts
|
-7665000 | |
CY2011 | wti |
Realized Gain Loss On Commodity Contracts
RealizedGainLossOnCommodityContracts
|
-9873000 | |
CY2013 | us-gaap |
Unrealized Gain Loss On Commodity Contracts
UnrealizedGainLossOnCommodityContracts
|
119000 | |
CY2012 | us-gaap |
Unrealized Gain Loss On Commodity Contracts
UnrealizedGainLossOnCommodityContracts
|
-6289000 | |
CY2011 | us-gaap |
Unrealized Gain Loss On Commodity Contracts
UnrealizedGainLossOnCommodityContracts
|
11769000 | |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
141000 | |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
141000 | |
CY2013Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
||
CY2012 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
38026000 | |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
7881000 | |
CY2013 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1702000 | |
CY2012 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
926000 | |
CY2011 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-102000 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
561358000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
385137000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
521478000 | |
CY2013 | us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
82424000 | |
CY2012 | us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
205550000 | |
CY2011 | us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
437247000 | |
CY2013 | us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
551954000 | |
CY2012 | us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
479313000 | |
CY2011 | us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
281779000 | |
CY2013 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
21008000 | |
CY2012 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
30453000 | |
CY2011 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
15000 | |
CY2013 | us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
1435000 | |
CY2012 | us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
3031000 | |
CY2011 | us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
3660000 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-614805000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-657441000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-722671000 | |
CY2012 | us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
318000000 | |
CY2011 | us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
600000000 | |
CY2011 | us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
450000000 | |
CY2013 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
563000000 | |
CY2012 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
732000000 | |
CY2011 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
623000000 | |
CY2013 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
443000000 | |
CY2012 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
679000000 | |
CY2011 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
506000000 | |
CY2013 | wti |
Repurchase Premium And Debt Issuance Cost
RepurchasePremiumAndDebtIssuanceCost
|
3892000 | |
CY2012 | wti |
Repurchase Premium And Debt Issuance Cost
RepurchasePremiumAndDebtIssuanceCost
|
8510000 | |
CY2011 | wti |
Repurchase Premium And Debt Issuance Cost
RepurchasePremiumAndDebtIssuanceCost
|
32288000 | |
CY2013 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
58846000 | |
CY2012 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
82832000 | |
CY2011 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
58756000 | |
CY2013 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-260000 | |
CY2012 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
379000 | |
CY2011 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
1094000 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
57002000 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
280037000 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
177050000 | |
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
3555000 | |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
7733000 | |
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-24143000 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4512000 | |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28655000 | |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
9423000 | |
CY2013Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
|
141000 | |
CY2013Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
9282000 | |
CY2013Q4 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
900000000 | |
CY2013Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0850 | |
CY2012Q4 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
900000000 | |
CY2013Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
15421000 | |
CY2012Q4 | us-gaap |
Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
|
17611000 | |
CY2013Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
290000000 | |
CY2013 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div> <p style="margin-bottom:0pt;margin-top:6pt;margin-left:2.26%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-style:italic;;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Operations </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">W&T Offshore, Inc. and subsidiaries, referred to herein as “W&T,</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">” “we,”, “us,” “our,” or the “Company” is an independent oil and natural gas producer focused primarily in the Gulf of Mexico and onshore Texas. The Company is active in the exploration, development and acquisition of oil and natural gas properties. Our interest in fields, leases, structures and equipment are primarily owned by the parent company, W&T Offshore, Inc. and our wholly-own subsidiary, W&T Energy VI, LLC. </font></p></div> | |
CY2013 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div> <p style="margin-bottom:0pt;margin-top:18pt;margin-left:2.26%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-style:italic;;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Reclassifications </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">Certain reclassifications have been made to prior periods’ financial statements to conform to the current presentation. </font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </font><font style="font-style:italic;;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Deferred income taxes – current asset</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> was combined with </font><font style="font-style:italic;;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Prepaid expenses and other assets</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> on the Consolidated Balance Sheet, </font><font style="font-style:italic;;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Income taxes payable</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> was combined with </font><font style="font-style:italic;;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Accrued liabilities</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> on the Consolidated Balance Sheet, and changes in </font><font style="font-style:italic;;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Other liabilities</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> was combined with the changes in </font><font style="font-style:italic;;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Accounts payable and accrued liabilities</font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> on the Consolidated Statement of Cash Flows. </font></p></div> | |
CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-bottom:0pt;margin-top:18pt;margin-left:2.26%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-style:italic;;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, the reported amounts of revenues and expenses during the reporting periods and the reported amounts of proved oil and natural gas reserves. </font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> Actual results could differ from those estimates. </font></p></div> | |
CY2013 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2019-06-15 | |
CY2013Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.084 | |
CY2013 | us-gaap |
Debt Instrument Payment Terms
DebtInstrumentPaymentTerms
|
semi-annually in arrears on June 15 and December 15 of each year | |
CY2013Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
962500000 | |
CY2012Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
963000000 | |
CY2013 | wti |
Debt Covenant Restriction Related To Payment Of Dividends
DebtCovenantRestrictionRelatedToPaymentOfDividends
|
60000000 | |
CY2013 | wti |
Debt Covenant Restriction Related To Common Stock And Senior Note Repurchases
DebtCovenantRestrictionRelatedToCommonStockAndSeniorNoteRepurchases
|
100000000 | |
CY2013 | wti |
Debt Covenant Restriction Related To Percentage Of Hedging Contract
DebtCovenantRestrictionRelatedToPercentageOfHedgingContract
|
0.75 | |
CY2013 | us-gaap |
Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
|
<div> <p style="margin-bottom:0pt;margin-top:18pt;margin-left:2.26%;margin-right:0%;text-indent:0%;font-size:10pt;font-family:Times New Roman;"><font style="font-weight:bold;font-style:italic;;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Derivative Financial Instruments </font></p><p style="margin-bottom:0pt;margin-top:6pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">Our market risk exposure relates primarily to commodity prices and interest rates. </font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> From time to time, we use various derivative instruments to manage our exposure to commodity price risk from sales of oil and natural gas and interest rate risk from floating interest rates on our credit facility. Our derivative instruments currently consist of commodity swap contracts for oil. We do not enter into derivative instruments for speculative trading purposes. </font></p><p style="margin-bottom:0pt;margin-top:12pt;margin-left:0%;margin-right:0%;text-indent:4.54%;font-size:10pt;font-family:Times New Roman;"><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;text-indent:4.54%">In accordance with </font><font style="font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">GAAP, a derivative is recorded on the balance sheet as an asset or a liability at its fair value. Changes in a derivative’s fair value are required to be recognized currently in earnings unless specific hedge accounting and documentation criteria are met at the time the derivative contract is entered into. We have elected not to designate our commodity derivatives as hedging instruments, therefore all changes in fair value are recognized in earnings. </font></p></div> | |
CY2013Q4 | wti |
Base Of Senior Notes For Potential Additional Borrowing Capacity
BaseOfSeniorNotesForPotentialAdditionalBorrowingCapacity
|
0.25 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.006 | |
CY2012Q4 | us-gaap |
Long Term Line Of Credit
LongTermLineOfCredit
|
170000000 | |
CY2008Q3 | wti |
Retention Amount Per Occurrence
RetentionAmountPerOccurrence
|
10000000 | |
CY2008Q3 | wti |
Maximum Insurance Coverage Policy Limit Due To Named Windstorms For Per Incident
MaximumInsuranceCoveragePolicyLimitDueToNamedWindstormsForPerIncident
|
150000000 | |
CY2008Q3 | wti |
Maximum Coverage Per Incident Except Property Damage
MaximumCoveragePerIncidentExceptPropertyDamage
|
250000000 | |
CY2013 | us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
6700000 | |
CY2012 | us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
2900000 | |
CY2011 | us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
20900000 | |
CY2013Q4 | wti |
Insurance Recoveries Related To Hurricanes
InsuranceRecoveriesRelatedToHurricanes
|
148900000 | |
CY2013 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
0.10 | |
CY2013 | wti |
Increase In Production
IncreaseInProduction
|
1900 | |
CY2013Q4 | us-gaap |
Gas Imbalance Asset Liability
GasImbalanceAssetLiability
|
6400000 | |
CY2012Q4 | us-gaap |
Gas Imbalance Asset Liability
GasImbalanceAssetLiability
|
6000000 | |
CY2013 | wti |
Percentage Of Discount From Proved Reserves
PercentageOfDiscountFromProvedReserves
|
0.10 | |
CY2013 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
0 | |
CY2012 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
0 | |
CY2011 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
0 | |
CY2013 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
9200000 | |
CY2013 | us-gaap |
Other Expenses
OtherExpenses
|
100000 | |
CY2013Q4 | wti |
Percentage Of Working Interest Include In Producing Interest
PercentageOfWorkingInterestIncludeInProducingInterest
|
0.15 | |
CY2013Q3 | wti |
Asset Retirement Obligation Reversal Related To Sale Of Facilities
AssetRetirementObligationReversalRelatedToSaleOfFacilities
|
15600000 | |
CY2013Q3 | wti |
Adjustment For Effective Date To Sell Properties
AdjustmentForEffectiveDateToSellProperties
|
4300000 | |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1205421000 | |
CY2012Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1087611000 | |
CY2013Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
||
CY2012Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
||
CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
0 | |
CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
0 | |
CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | |
CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
0 | |
CY2013Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
1190000000 | |
CY2013 | us-gaap |
Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
|
Borrowings under the revolving bank credit facility bear interest at the applicable London Interbank Offered Rate (“LIBOR”) plus a margin that varies from 1.75% to 2.75% depending on the level of total borrowings under the Credit Agreement, or an alternative base rate equal to the greater of (a) Prime Rate, (b) Federal Funds Rate plus 0.5%, and (c) LIBOR plus 1.0%, plus applicable margin ranging from 0.75% to 1.75%. | |
CY2013Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
400000 | |
CY2012Q4 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
600000 | |
CY2013 | wti |
Percentage Of Restricted Stock Units Granted During Period Not Subject To Performance Criteria
PercentageOfRestrictedStockUnitsGrantedDuringPeriodNotSubjectToPerformanceCriteria
|
0.03 | |
CY2011 | wti |
Percentage Of Restricted Stock Units Affected By Performance Goals
PercentageOfRestrictedStockUnitsAffectedByPerformanceGoals
|
1.00 | |
CY2011Q4 | wti |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Vesting Month And Year
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVestingMonthAndYear
|
2013-12 | |
CY2013 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
4034000 | |
CY2012 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
4339000 | |
CY2011 | us-gaap |
Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
|
3399000 | |
CY2013 | wti |
Cash Based Incentive Compensation Charged To Operating Income Loss
CashBasedIncentiveCompensationChargedToOperatingIncomeLoss
|
12299000 | |
CY2012 | wti |
Cash Based Incentive Compensation Charged To Operating Income Loss
CashBasedIncentiveCompensationChargedToOperatingIncomeLoss
|
10345000 | |
CY2011 | wti |
Cash Based Incentive Compensation Charged To Operating Income Loss
CashBasedIncentiveCompensationChargedToOperatingIncomeLoss
|
15913000 | |
CY2013 | wti |
Incentive Compensation Charged To Operating Income Loss
IncentiveCompensationChargedToOperatingIncomeLoss
|
23824000 | |
CY2012 | wti |
Incentive Compensation Charged To Operating Income Loss
IncentiveCompensationChargedToOperatingIncomeLoss
|
22743000 | |
CY2011 | wti |
Incentive Compensation Charged To Operating Income Loss
IncentiveCompensationChargedToOperatingIncomeLoss
|
25623000 | |
CY2013Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
5078983 | |
CY2013 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
4000000 | |
CY2013 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
1.00 | |
CY2012 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
1.00 | |
CY2011 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
|
1.00 | |
CY2013 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.06 | |
CY2012 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.06 | |
CY2011 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.05 | |
CY2013 | wti |
Defined Contribution Plan Vesting Period
DefinedContributionPlanVestingPeriod
|
P5Y | |
CY2013 | us-gaap |
Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
|
0.20 | |
CY2013 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2100000 | |
CY2012 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2100000 | |
CY2011 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
1800000 | |
CY2013 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-2146000 | |
CY2012 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-40562000 | |
CY2011 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
29682000 | |
CY2013 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
30920000 | |
CY2012 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
88109000 | |
CY2011 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
61835000 | |
CY2013 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
28033000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
41836000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
92517000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
|
4256000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
|
-1823000 | |
CY2013 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
343000 | |
CY2012 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
750000 | |
CY2011 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
603000 | |
CY2013 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
398000 | |
CY2012 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
705000 | |
CY2011 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
220000 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.350 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.350 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.350 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
|
0.035 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
|
-0.007 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.004 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.007 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.002 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.005 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.001 | |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.359 | |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.398 | |
CY2011 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.346 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
297942000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
186599000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
3602000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
4822000 | |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
301544000 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
191421000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
|
20486000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
|
22314000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
91472000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
12389000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
5028000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
5057000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
3270000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
3312000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
|
3873000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
|
2455000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
3703000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
4256000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
643000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
1330000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
123985000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
46439000 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
-177559000 | |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
-144982000 | |
CY2012Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
||
CY2011Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
||
CY2013 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
9482000 | |
CY2012 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
||
CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
9482000 | |
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
3000000 | |
CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
16056000 | |
CY2011 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
35655000 | |
CY2013 | us-gaap |
Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
|
303000 | |
CY2012 | us-gaap |
Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
|
983000 | |
CY2011 | us-gaap |
Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
|
3211000 | |
CY2013 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
51019000 | |
CY2012 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
71001000 | |
CY2011 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
169606000 | |
CY2012 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1923000 | |
CY2011 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1873000 | |
CY2013 | us-gaap |
Interest Paid Net
InterestPaidNet
|
73909000 | |
CY2012 | us-gaap |
Interest Paid Net
InterestPaidNet
|
46247000 | |
CY2011 | us-gaap |
Interest Paid Net
InterestPaidNet
|
39772000 | |
CY2013 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
59126000 | |
CY2012 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
479000 | |
CY2011 | us-gaap |
Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
|
379000 | |
CY2013 | us-gaap |
Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
|
466000 | |
CY2012 | us-gaap |
Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
|
1531000 | |
CY2011 | us-gaap |
Dividends Share Based Compensation Cash
DividendsShareBasedCompensationCash
|
1062000 | |
CY2013 | wti |
Cash Tax Benefit Related To Share Based Compensation
CashTaxBenefitRelatedToShareBasedCompensation
|
||
CY2012 | wti |
Cash Tax Benefit Related To Share Based Compensation
CashTaxBenefitRelatedToShareBasedCompensation
|
5962000 | |
CY2011 | wti |
Cash Tax Benefit Related To Share Based Compensation
CashTaxBenefitRelatedToShareBasedCompensation
|
3125000 | |
CY2013 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
10058000 | |
CY2012 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
13274000 | |
CY2011 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
9877000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
1300000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
1300000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
1300000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
1400000 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
8000000 | |
CY2013 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
2600000 | |
CY2012 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1700000 | |
CY2011 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1900000 | |
CY2013 | us-gaap |
Unrecorded Unconditional Purchase Obligation Purchases
UnrecordedUnconditionalPurchaseObligationPurchases
|
55000000 | |
CY2013Q4 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On First Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFirstAnniversary
|
9000000 | |
CY2013Q4 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Second Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnSecondAnniversary
|
9000000 | |
CY2013Q4 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnThirdAnniversary
|
6000000 | |
CY2013Q4 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
UnrecordedUnconditionalPurchaseObligationBalanceOnFourthAnniversary
|
6000000 | |
CY2013Q4 | us-gaap |
Unrecorded Unconditional Purchase Obligation Due After Five Years
UnrecordedUnconditionalPurchaseObligationDueAfterFiveYears
|
18000000 | |
CY2013Q4 | us-gaap |
Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
|
103000000 | |
CY2013 | wti |
Fees Relating To Bonds
FeesRelatingToBonds
|
5000000 | |
CY2012 | wti |
Fees Relating To Bonds
FeesRelatingToBonds
|
2900000 | |
CY2011 | wti |
Fees Relating To Bonds
FeesRelatingToBonds
|
2600000 | |
CY2013Q4 | us-gaap |
Other Commitment Due In Next Twelve Months
OtherCommitmentDueInNextTwelveMonths
|
5500000 | |
CY2013Q4 | us-gaap |
Other Commitment Due In Second Year
OtherCommitmentDueInSecondYear
|
5700000 | |
CY2013Q4 | us-gaap |
Other Commitment Due In Third Year
OtherCommitmentDueInThirdYear
|
5800000 | |
CY2013Q4 | us-gaap |
Other Commitment Due In Fourth Year
OtherCommitmentDueInFourthYear
|
5700000 | |
CY2013Q4 | us-gaap |
Other Commitments Future Minimum Payments Remainder Of Fiscal Year
OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear
|
48400000 | |
CY2013 | wti |
Costs Incurred Related To Insurance Claim In Dispute
CostsIncurredRelatedToInsuranceClaimInDispute
|
45700000 | |
CY2013Q4 | wti |
Costs Anticipated To Be Incurred Related To An Insurance Claim In Dispute
CostsAnticipatedToBeIncurredRelatedToAnInsuranceClaimInDispute
|
1900000 | |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
259222000 | |
CY2013Q2 | us-gaap |
Revenues
Revenues
|
235383000 | |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
244555000 | |
CY2013Q4 | us-gaap |
Revenues
Revenues
|
244928000 | |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
60321000 | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
53823000 | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
31965000 | |
CY2013Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
622000 | |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
26618000 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
22396000 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14194000 | |
CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11886000 | |
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.35 | |
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.29 | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.19 | |
CY2013Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | |
CY2012Q1 | us-gaap |
Revenues
Revenues
|
235886000 | |
CY2012Q2 | us-gaap |
Revenues
Revenues
|
215513000 | |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
185946000 | |
CY2012Q4 | us-gaap |
Revenues
Revenues
|
237146000 | |
CY2012Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
15913000 | |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
99100000 | |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7560000 | |
CY2012Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
46737000 | |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3218000 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
53567000 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1471000 | |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16670000 | |
CY2012Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.04 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.70 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
CY2012Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.21 | |
CY2013Q4 | wti |
Increase In Production
IncreaseInProduction
|
2600 | |
CY2013Q4 | us-gaap |
Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
|
7207100000 | |
CY2012Q4 | us-gaap |
Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
|
6551500000 | |
CY2011Q4 | us-gaap |
Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
|
5775400000 | |
CY2013Q4 | us-gaap |
Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
|
132000000 | |
CY2012Q4 | us-gaap |
Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
|
143000000 | |
CY2011Q4 | us-gaap |
Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
|
183600000 | |
CY2013Q4 | us-gaap |
Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
|
5069200000 | |
CY2012Q4 | us-gaap |
Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
|
4640800000 | |
CY2011Q4 | us-gaap |
Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
|
4307100000 | |
CY2013Q4 | us-gaap |
Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
|
2269900000 | |
CY2012Q4 | us-gaap |
Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
|
2053700000 | |
CY2011Q4 | us-gaap |
Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
|
1651900000 | |
CY2013 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
9200000 | |
CY2012 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
8700000 | |
CY2011 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
50100000 | |
CY2010 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
19300000 | |
CY2013 | wti |
Capitalized Interest Of Unproved Properties Excluded From Amortization
CapitalizedInterestOfUnprovedPropertiesExcludedFromAmortization
|
8400000 | |
CY2012 | wti |
Capitalized Interest Of Unproved Properties Excluded From Amortization
CapitalizedInterestOfUnprovedPropertiesExcludedFromAmortization
|
7400000 | |
CY2011 | wti |
Capitalized Interest Of Unproved Properties Excluded From Amortization
CapitalizedInterestOfUnprovedPropertiesExcludedFromAmortization
|
5100000 | |
CY2010 | wti |
Capitalized Interest Of Unproved Properties Excluded From Amortization
CapitalizedInterestOfUnprovedPropertiesExcludedFromAmortization
|
8400000 | |
CY2013 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
17600000 | |
CY2012 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
16100000 | |
CY2011 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
55200000 | |
CY2010 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
27700000 | |
CY2013Q4 | us-gaap |
Acquisition Costs Cumulative
AcquisitionCostsCumulative
|
87300000 | |
CY2013Q4 | wti |
Capitalized Interest Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedInterestOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
29300000 | |
CY2013Q4 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
116600000 | |
CY2013 | us-gaap |
Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
|
96900000 | |
CY2012 | us-gaap |
Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
|
239800000 | |
CY2011 | us-gaap |
Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
|
369900000 | |
CY2013 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
215300000 | |
CY2012 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
151300000 | |
CY2011 | us-gaap |
Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
|
92700000 | |
CY2013 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
352900000 | |
CY2012 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
363700000 | |
CY2011 | us-gaap |
Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
|
203700000 | |
CY2013 | us-gaap |
Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
|
26300000 | |
CY2012 | us-gaap |
Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
|
26500000 | |
CY2011 | us-gaap |
Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
|
95100000 | |
CY2013 | us-gaap |
Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
|
691400000 | |
CY2012 | us-gaap |
Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
|
781300000 | |
CY2011 | us-gaap |
Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
|
761400000 | |
CY2013 | wti |
Asset Retirement Obligation Period Increase Decrease Due To Acquisitions Incurred And Revisions
AssetRetirementObligationPeriodIncreaseDecreaseDueToAcquisitionsIncurredAndRevisions
|
50600000 | |
CY2012 | wti |
Asset Retirement Obligation Period Increase Decrease Due To Acquisitions Incurred And Revisions
AssetRetirementObligationPeriodIncreaseDecreaseDueToAcquisitionsIncurredAndRevisions
|
86900000 | |
CY2011 | wti |
Asset Retirement Obligation Period Increase Decrease Due To Acquisitions Incurred And Revisions
AssetRetirementObligationPeriodIncreaseDecreaseDueToAcquisitionsIncurredAndRevisions
|
32800000 | |
CY2013Q4 | wti |
Seismic Costs
SeismicCosts
|
8900000 | |
CY2012Q4 | wti |
Seismic Costs
SeismicCosts
|
6200000 | |
CY2011Q4 | wti |
Seismic Costs
SeismicCosts
|
8000000 | |
CY2013 | wti |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
5900000 | |
CY2012 | wti |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
6200000 | |
CY2011 | wti |
Geological And Geophysical Costs
GeologicalAndGeophysicalCosts
|
6800000 | |
CY2013 | wti |
Depreciation Depletion Amortization And Accretion Per Mcfe
DepreciationDepletionAmortizationAndAccretionPerMcfe
|
4.18 | |
CY2012 | wti |
Depreciation Depletion Amortization And Accretion Per Mcfe
DepreciationDepletionAmortizationAndAccretionPerMcfe
|
3.47 | |
CY2011 | wti |
Depreciation Depletion Amortization And Accretion Per Mcfe
DepreciationDepletionAmortizationAndAccretionPerMcfe
|
3.24 | |
CY2013 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Cash Inflows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows
|
7376700000 | |
CY2012 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Cash Inflows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows
|
6888400000 | |
CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Cash Inflows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureCashInflows
|
7077200000 | |
CY2013 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Production Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts1
|
-2142800000 | |
CY2012 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Production Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts1
|
-1858300000 | |
CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Production Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureProductionCosts1
|
-1862500000 | |
CY2013 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts1
|
-1001400000 | |
CY2012 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts1
|
-655400000 | |
CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Development Costs1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDevelopmentCosts1
|
-543000000 | |
CY2013 | wti |
Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Dismantlement And Abandonment Cost
FutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDismantlementAndAbandonmentCost
|
441600000 | |
CY2012 | wti |
Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Dismantlement And Abandonment Cost
FutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDismantlementAndAbandonmentCost
|
508000000 | |
CY2011 | wti |
Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Dismantlement And Abandonment Cost
FutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureDismantlementAndAbandonmentCost
|
513600000 | |
CY2013 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Income Tax Expense1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense1
|
-986900000 | |
CY2012 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Income Tax Expense1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense1
|
-1002100000 | |
CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Income Tax Expense1
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureIncomeTaxExpense1
|
-1126600000 | |
CY2013 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Net Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows
|
2804000000 | |
CY2012 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Net Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows
|
2864600000 | |
CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Future Net Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesFutureNetCashFlows
|
3031500000 | |
CY2013 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves10 Percent Annual Discount For Estimated Timing Of Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows
|
1129400000 | |
CY2012 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves10 Percent Annual Discount For Estimated Timing Of Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows
|
1018200000 | |
CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves10 Percent Annual Discount For Estimated Timing Of Cash Flows
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves10PercentAnnualDiscountForEstimatedTimingOfCashFlows
|
1025100000 | |
CY2013 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Standardized Measure
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure
|
1674600000 | |
CY2012 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Standardized Measure
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure
|
1846400000 | |
CY2011 | us-gaap |
Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves Standardized Measure
DiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReservesStandardizedMeasure
|
2006400000 | |
CY2012Q4 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
|
1846400000 | |
CY2011Q4 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
|
2006400000 | |
CY2010Q4 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
|
1179100000 | |
CY2011 | us-gaap |
Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
|
-729600000 | |
CY2013 | wti |
Increase Decrease In Price Net Of Future Production Costs
IncreaseDecreaseInPriceNetOfFutureProductionCosts
|
-65200000 | |
CY2012 | wti |
Increase Decrease In Price Net Of Future Production Costs
IncreaseDecreaseInPriceNetOfFutureProductionCosts
|
-224300000 | |
CY2011 | wti |
Increase Decrease In Price Net Of Future Production Costs
IncreaseDecreaseInPriceNetOfFutureProductionCosts
|
634200000 | |
CY2013 | us-gaap |
Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
|
393800000 | |
CY2012 | us-gaap |
Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
|
181900000 | |
CY2011 | us-gaap |
Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
|
219900000 | |
CY2013 | us-gaap |
Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
|
-91100000 | |
CY2012 | us-gaap |
Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
|
-103300000 | |
CY2011 | us-gaap |
Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
|
-4600000 | |
CY2013 | us-gaap |
Previously Estimated Development Costs Incurred During Period
PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod
|
262100000 | |
CY2012 | us-gaap |
Previously Estimated Development Costs Incurred During Period
PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod
|
332900000 | |
CY2011 | us-gaap |
Previously Estimated Development Costs Incurred During Period
PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod
|
173900000 | |
CY2013 | us-gaap |
Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
|
-91600000 | |
CY2012 | us-gaap |
Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
|
-128100000 | |
CY2011 | us-gaap |
Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
|
205000000 | |
CY2013 | us-gaap |
Accretion Of Discount
AccretionOfDiscount
|
202200000 | |
CY2012 | us-gaap |
Accretion Of Discount
AccretionOfDiscount
|
231100000 | |
CY2011 | us-gaap |
Accretion Of Discount
AccretionOfDiscount
|
135800000 | |
CY2013 | us-gaap |
Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
|
56600000 | |
CY2012 | us-gaap |
Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
|
99700000 | |
CY2011 | us-gaap |
Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
|
-398200000 | |
CY2013 | us-gaap |
Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
|
79600000 | |
CY2012 | us-gaap |
Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
|
270200000 | |
CY2011 | us-gaap |
Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
|
483300000 | |
CY2013 | us-gaap |
Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
|
53100000 | |
CY2012 | us-gaap |
Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
|
16100000 | |
CY2013 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
|
-179000000 | |
CY2012 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
|
-183600000 | |
CY2011 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
|
107600000 | |
CY2013 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
|
-171800000 | |
CY2012 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
|
-160000000 | |
CY2011 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
|
827300000 | |
CY2013Q4 | us-gaap |
Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
|
1674600000 | |
CY2013 | wti |
Percentage Of Non Operated Proved Developed Non Producing Reserves
PercentageOfNonOperatedProvedDevelopedNonProducingReserves
|
0.09 | |
CY2013 | wti |
Present Value Discounted Percentage
PresentValueDiscountedPercentage
|
0.10 |