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Costs Incurred for Property Acquisition, Exploration and Development
 9 Months Ended
Sep. 30, 2024
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

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

 

 

Nine Months Ended
September 30, 2024

 

 

Year Ended
December 31, 2023

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

Acreage purchases

$

37,743

 

 

$

40,067

 

Development

 

444,637

 

 

 

568,484

 

Exploration:

 

 

 

 

 

Drilling

 

14,680

 

 

 

—

 

Expense

 

17,506

 

 

 

25,280

 

Stock-based compensation expense

 

1,005

 

 

 

1,250

 

Gas gathering facilities:

 

 

 

 

 

Development

 

2,425

 

 

 

3,123

 

Subtotal

 

517,996

 

 

 

638,204

 

Asset retirement obligations

 

2,912

 

 

 

4,616

 

Total costs incurred

$

520,908

 

 

$

642,820

 

 

(a) Includes costs incurred whether capitalized or expensed.