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LEASES
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
LEASES LEASES
The Company’s right-of-use assets and lease liabilities are recognized on the accompanying balance sheets based on the present value of the expected lease payments over the lease term. As of June 30, 2023 and December 31, 2022, the Company did not have any agreements in place that were classified as finance leases. The following table summarizes the asset classes of the Company’s operating leases (in thousands):
June 30, 2023December 31, 2022
Operating Leases
Field equipment(1)
$30,829 $15,131 
Corporate leases6,326 8,235 
Vehicles 4,417 759 
Total right-of-use asset$41,572 $24,125 
Field equipment(1)
$30,857 $15,131 
Corporate leases6,961 8,898 
Vehicles4,417 759 
Total lease liability$42,235 $24,788 
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(1)Includes compressors, certain natural gas processing equipment, and other field equipment.
Future commitments by year for the Company’s leases with a lease term of one year or more as of June 30, 2023 are presented in the table below. Such commitments are reflected at undiscounted values and are reconciled to the discounted present value recognized on the accompanying balance sheets as follows (in thousands):
Operating Leases
Remainder of 2023$12,419 
202418,964 
20257,416 
20263,449 
20272,106 
Thereafter649 
Total lease payments45,003 
Less: imputed interest(2,768)
Total lease liability$42,235