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Costs Incurred for Property Acquisition, Exploration and Development (Tables)
6 Months Ended
Jun. 30, 2023
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

 

 

Six Months Ended
June 30,
2023

 

 

Year Ended
December 31,
2022

 

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

 

Acreage purchases

 

$

20,007

 

 

$

28,735

 

Development

 

 

304,577

 

 

 

460,668

 

Exploration:

 

 

 

 

 

 

Drilling

 

 

 

 

 

 

Expense

 

 

11,429

 

 

 

25,194

 

Stock-based compensation expense

 

 

623

 

 

 

1,578

 

Gas gathering facilities:

 

 

 

 

 

 

Development

 

 

1,211

 

 

 

1,466

 

Subtotal

 

 

337,847

 

 

 

517,641

 

Asset retirement obligations

 

 

1,917

 

 

 

18,096

 

Total costs incurred

 

$

339,764

 

 

$

535,737

 

 

(a) Includes costs incurred whether capitalized or expensed.