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Costs Incurred for Property Acquisition, Exploration and Development
9 Months Ended
Sep. 30, 2023
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

(17) Costs Incurred for Property Acquisition, Exploration and Development (a)

 

 

 

Nine Months Ended
September 30,
2023

 

 

Year Ended
December 31,
2022

 

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

 

Acreage purchases

 

$

25,475

 

 

$

28,735

 

Development

 

 

450,115

 

 

 

460,668

 

Exploration:

 

 

 

 

 

 

Drilling

 

 

 

 

 

 

Expense

 

 

18,087

 

 

 

25,194

 

Stock-based compensation expense

 

 

935

 

 

 

1,578

 

Gas gathering facilities:

 

 

 

 

 

 

Development

 

 

1,008

 

 

 

1,466

 

Subtotal

 

 

495,620

 

 

 

517,641

 

Asset retirement obligations

 

 

2,377

 

 

 

18,096

 

Total costs incurred

 

$

497,997

 

 

$

535,737

 

 

(a) Includes costs incurred whether capitalized or expensed.