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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2022
Segment Information [Abstract] |
Segment Activity |
|  | Three Months Ended March 31, 2022
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Revenues-crude oil and natural gas sales |  | $ | 68,656 |  | $ | — |  | $ | — |  | $ | 68,656
Depreciation, depletion and amortization |  |  | 4,653 |  |  | — |  |  | 20 |  |  | 4,673
Bad debt expense and other |  |  | 492 |  |  | — |  |  | — |  |  | 492
Other operating expense, net |  |  | (5) |  |  | — |  |  | — |  |  | (5)
Operating income (loss) |  |  | 44,705 |  |  | (318) |  |  | (4,382) |  |  | 40,005
Derivative instruments loss, net |  |  | — |  |  | — |  |  | (31,758) |  |  | (31,758)
Other, net |  |  | (638) |  |  | (1) |  |  | (57) |  |  | (696)
Income tax expense (benefit) |  |  | 7,858 |  |  | — |  |  | (12,486) |  |  | (4,628)
Additions to crude oil and natural gas properties and equipment – accrual |  |  | 31,780 |  |  | — |  |  | — |  |  | 31,780
|  | Three Months Ended March 31, 2021
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Revenues-crude oil and natural gas sales |  | $ | 39,774 |  | $ | — |  | $ | — |  | $ | 39,774
Depreciation, depletion and amortization |  |  | 4,121 |  |  | — |  |  | 27 |  |  | 4,148
Operating loss |  |  | 18,680 |  |  | (132) |  |  | (4,205) |  |  | 14,343
Derivative instruments gain, net |  |  | — |  |  | — |  |  | (5,954) |  |  | (5,954)
Other, net |  |  | 7,681 |  |  | (2) |  |  | (3,099) |  |  | 4,580
Income tax expense |  |  | 5,239 |  |  | 1 |  |  | (2,154) |  |  | 3,086
Additions to crude oil and natural gas properties and equipment – accrual(1) |  |  | 2,515 |  |  | — |  |  | — |  |  | 2,515
(1) Excludes assets acquired in the Sasol acquisition.
Long-lived Assets From Continuing Operations |
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Long-lived assets from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
As of March 31, 2022 |  | $ | 111,787 |  | $ | 10,000 |  | $ | 148 |  | $ | 121,935
As of December 31, 2021 |  | $ | 84,156 |  | $ | 10,000 |  | $ | 168 |  | $ | 94,324
(in thousands) |  | Gabon |  | Equatorial Guinea |  | Corporate and Other |  | Total
Total assets from continuing operations: |  |  |  |  |  |  |  |  |  |  |  |
As of March 31, 2022 |  | $ | 235,229 |  | $ | 10,871 |  | $ | 62,410 |  | $ | 308,510
As of December 31, 2021 |  | $ | 201,748 |  | $ | 10,548 |  | $ | 50,794 |  | $ | 263,090

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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