Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Summary of the Company's property and equipment

The following table presents a summary of the Company’s property and equipment balances as of December 31, 2022 and 2021 (in thousands).

	December 31,
	2022		2021
Oil and natural gas properties
Evaluated (subject to amortization)	$	6,862,455	$	6,007,325
Unproved and unevaluated (not subject to amortization)	977,502		964,714
Total oil and natural gas properties	7,839,957		6,972,039
Accumulated depletion	(4,362,292)		(3,933,355)
Net oil and natural gas properties	3,477,665		3,038,684
Midstream properties
Midstream equipment and facilities	1,057,668		900,979
Accumulated depreciation	(126,706)		(92,574)
Net midstream properties	930,962		808,405
Other property and equipment
Furniture, fixtures and other equipment	13,257		10,923
Software	8,225		8,225
Leasehold improvements	11,365		10,975
Total other property and equipment	32,847		30,123
Accumulated depreciation	(23,277)		(20,527)
Net other property and equipment	9,570		9,596
Net property and equipment	$	4,418,197	$	3,856,685

Breakdown of the Company's unproved and unevaluated property costs not subject to amortization

The following table provides a breakdown of the Company’s unproved and unevaluated property costs not subject to amortization as of December 31, 2022 and the year in which these costs were incurred (in thousands).

Description	2022		2021		2020		2019		2018 and prior		Total
Costs incurred for
Property acquisition	$	97,748	$	110,077	$	40,355	$	40,140	$	606,740	$	895,060
Exploration wells	32,364		942		354		802		36		34,498
Development wells	42,543		1,641		1,245		2,506		9		47,944
Total	$	172,655	$	112,660	$	41,954	$	43,448	$	606,785	$	977,502