XML 41 R23.htm IDEA: XBRL DOCUMENT v3.24.0.1
Natural Gas and Oil Producing Activities (Tables)
12 Months Ended
Dec. 31, 2023
Oil and Gas Exploration and Production Industries Disclosures [Abstract]  
Capitalized Costs Related to Oil and Natural Gas Property Acquisition Exploration and Development Activities

Set forth below is certain information regarding the aggregate capitalized costs of natural gas and oil properties and costs incurred by the Company for its natural gas and oil property acquisition, development and exploration activities:

Capitalized Costs

 

 

 

As of December 31,

 

 

 

2023

 

 

2022

 

 

 

(In thousands)

 

Proved properties:

 

 

 

 

 

 

Leasehold costs

 

$

3,198,028

 

 

$

3,117,028

 

Wells and related equipment and facilities

 

 

3,928,491

 

 

 

2,726,381

 

Accumulated depreciation depletion and amortization

 

 

(2,144,084

)

 

 

(1,543,003

)

 

 

 

4,982,435

 

 

 

4,300,406

 

Unproved properties

 

 

343,419

 

 

 

298,230

 

 

 

$

5,325,854

 

 

$

4,598,636

 

Costs Incurred Related to Oil and Natural Gas Property Acquisition Exploration and Development Activities

Costs Incurred

 

 

 

Year Ended December 31,

 

 

 

2023

 

 

2022

 

 

2021

 

 

 

(In thousands)

 

Property acquisitions:

 

 

 

 

 

 

 

 

 

Proved property

 

$

 

 

$

500

 

 

$

21,781

 

Unproved property

 

 

98,553

 

 

 

54,120

 

 

 

35,871

 

Exploration and development:

 

 

 

 

 

 

 

 

 

Developmental leasehold costs

 

 

27,905

 

 

 

13,727

 

 

 

12,953

 

Exploratory drilling and completion costs

 

 

244,129

 

 

 

63,520

 

 

 

6,966

 

Development drilling and completion costs

 

 

974,664

 

 

 

901,026

 

 

 

569,141

 

Other development costs

 

 

25,130

 

 

 

53,693

 

 

 

39,168

 

Asset retirement obligations

 

 

(19

)

 

 

686

 

 

 

5,608

 

Total capital expenditures

 

$

1,370,362

 

 

$

1,087,272

 

 

$

691,488