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v3.22.2.2

Property, Plant and Equipment (Tables) | 9 Months Ended
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Sep. 30, 2022
Property, Plant and Equipment. |
Schedule of PP&E | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(in thousands) |  | September 30, | ​ | December 31,
​ |  | 2022 | ​ | 2021
Wells, Facilities, Water Ponds, and Related Equipment | ​ | $ | 407,608 | ​ | $ | 329,935
Pipelines | ​ | ​ | 340,817 | ​ | ​ | 327,140
Land | ​ | ​ | 2,063 | ​ | ​ | 2,063
Vehicles, Equipment, Computers and Office Furniture | ​ | ​ | 18,196 | ​ | ​ | 17,359
Assets Subject to Depreciation | ​ | ​ | 768,684 | ​ | ​ | 676,497
Projects and Construction in Progress | ​ | ​ | 112,319 | ​ | ​ | 24,259
Total Property, Plant and Equipment | ​ | ​ | 881,003 | ​ | ​ | 700,756
Accumulated Depreciation | ​ | ​ | (81,019) | ​ | ​ | (67,749)
Total Property, Plant and Equipment, Net | ​ | $ | 799,984 | ​ | $ | 633,007
Schedule of purchase price allocation | ​
​ | ​ | ​ | ​
(in thousands, except share and per share amounts) | ​ | ​ | ​
Equity Consideration | ​ | ​ | ​
Number of Class A Shares Issued | ​ | ​ | 3,365,907
Fair Value Per Share on Transaction Closing Date | ​ | $ | 21.16
Total Fair Value of Equity Consideration | ​ | $ | 71,223
Fair Value of Contingent Consideration (1) | ​ | ​ | 3,899
Total Fair Value of Consideration | ​ | $ | 75,122
​ | ​ | ​ | ​
Purchase Price Allocation | ​ | ​ | ​
Saltwater Disposal Wells | ​ | $ | 72,620
Gathering Systems and Pipelines | ​ | ​ | 2,716
Total Fair Value of Property Acquired | ​ | ​ | 75,336
Less: ARO Liabilities Assumed | ​ | ​ | (214)
Total Purchase Price Allocation | ​ | $ | 75,122
(1) | As of September 30, 2022, liabilities for contingent consideration of $1.1 million and $2.8 million are included in Accrued and Other Current Liabilities and Other Long-Term Liabilities, respectively.

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