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CRUDE OIL, NATURAL GAS AND NGLS PROPERTIES AND EQUIPMENT | 9 Months Ended
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Sep. 30, 2024
Property, Plant and Equipment [Abstract] |
CRUDE OIL, NATURAL GAS AND NGLS PROPERTIES AND EQUIPMENT | CRUDE OIL, NATURAL GAS AND NGLS PROPERTIES AND EQUIPMENT The Company’s crude oil, natural gas and NGLs properties and equipment is comprised of the following:
| As of September 30, 2024 |  | As of December 31, 2023
| (in thousands)
Crude oil, natural gas and NGLs properties and equipment - successful efforts method: |  |  |
Wells, platforms and other production facilities | $ | 1,606,047 |  |  | $ | 1,468,542 |
Work-in-progress | 12,242 |  |  | 4,183 |
Undeveloped acreage | 53,780 |  |  | 52,109 |
Equipment and other | 67,239 |  |  | 47,794 |
Total crude oil, natural gas and NGLs properties, equipment and other | 1,739,308 |  |  | 1,572,628 |
Accumulated depreciation, depletion, amortization and impairment | (1,207,719) |  |  | (1,112,842) |
Net crude oil, natural gas and NGLs properties, equipment and other | $ | 531,589 |  |  | $ | 459,786 |

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- Definition The entire disclosure for properties used in normal conduct of oil and gas exploration and producing operations. This disclosure may include property accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 932 -SubTopic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/932-360/tableOfContent + Details
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- References No definition available. + Details
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