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Employee Benefits Plans and Share-Based Compensation (Tables) | 3 Months Ended
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Mar. 31, 2024
Employee Benefits Plans and Share Based Compensation [Line Items] |
Schedule of Acquisition Severance Costs | The following table summarizes severance accrual activity in connection the EnVen Acquisition, QuarterNorth Acquisition and TLCS Divestiture included in “Other current liabilities” and “Other long-term liabilities” on the Condensed Consolidated Balance Sheets as of March 31, 2024 (in thousands):
Severance accrual at December 31, 2023 | $ | 6,295 |
Accrual additions |  | 17,914 |
Benefit payments |  | (10,258 | )
Severance accrual at March 31, 2024 |  | 13,951 |
Less: Current portion at March 31, 2024 |  | 13,876 |
Long-term portion at March 31, 2024 | $ | 75 |
Summary of Restricted Stock Units Activity | The following table summarizes RSU activity under the Talos Energy Inc. 2021 Long Term Incentive Plan (the “2021 LTIP”) for the three months ended March 31, 2024:
| Restricted Stock Units |  | Weighted Average Grant Date Fair Value |
Unvested RSUs at December 31, 2023 |  | 2,306,361 |  | $ | 14.89 |
Granted |  | 1,435,516 |  | $ | 13.27 |
Vested |  | (1,357,605 | ) | $ | 13.56 |
Forfeited |  | (41,691 | ) | $ | 15.14 |
Unvested RSUs at March 31, 2024(1) |  | 2,342,581 |  | $ | 14.66 |
(1) As of March 31, 2024, 32,213 of the unvested RSUs were accounted for as liability awards in “Accrued liabilities” on the Condensed Consolidated Balance Sheets.
Summary of Performance Share Units Activity | The following table summarizes PSU activity under the 2021 LTIP for the three months ended March 31, 2024:
| Performance Share Units |  | Weighted Average Grant Date Fair Value |
Unvested PSUs at December 31, 2023 |  | 1,016,649 |  | $ | 21.30 |
Forfeited |  | (48,995 | ) | $ | 20.16 |
Unvested PSUs at March 31, 2024 |  | 967,654 |  | $ | 21.36 |
Schedule of Recognized Share Based Compensation Expense, Net | The following table presents the amount of costs expensed and capitalized (in thousands):
| Three Months Ended March 31, |
| 2024 |  | 2023 |
Share-based compensation costs | $ | 4,615 |  | $ | 7,191 |
Less: Amounts capitalized to oil and gas properties |  | 1,861 |  |  | 3,253 |
Total share-based compensation expense | $ | 2,754 |  | $ | 3,938 |

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