Commitments and Contingencies (Tables) |
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2019 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Commitments And Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Components of Lease Expense |
The components of our total lease expense for the year ended December 31, 2019, the majority of which is included in general and administrative expense, are as follows (in thousands):
(1) Variable lease payments that are not dependent on an index or rate are not included in the lease liability or ROU assets. (2) Short-term lease expense represents expense related to leases with a contract term of one year or less. (3) These short-term lease costs are related to leases with a contract term of one year or less and the majority of which are related to drilling rigs and are capitalized as part of natural gas and oil properties on our consolidated balance sheets and may fluctuate based on the number of drilling rigs being utilized. |
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Supplemental Cash Flow Information Related to Operating Leases |
Supplemental cash flow information related to our operating leases is included in the table below (in thousands):
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Supplemental Balance Sheet Information Related to Operating Leases |
Supplemental balance sheet information related to our operating leases is included in the table below (in thousands):
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Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Operating Leases |
Our weighted average remaining lease term and weighted average discount rate for our operating leases are as follows:
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Schedule of Lease Liabilities with Enforceable Contract Terms are Greater Than One year Mature |
Our lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):
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Schedule of Future Minimum Transportation Fees Due |
We have entered into firm transportation and gathering contracts with various pipeline carriers for the future transportation and gathering of natural gas, NGLs and oil production from our properties in Pennsylvania and North Louisiana. Under these contracts, we are obligated to transport, process or gather minimum daily natural gas volumes, or pay for any deficiencies at a specified reservation fee rate. In some cases, our production committed to these pipelines is expected to exceed the minimum daily volumes provided in the contracts. See Note 11 for additional information regarding deficiencies in North Louisiana. As of December 31, 2019, future minimum transportation, processing and gathering fees under our commitments are as follows (in thousands):
(a) The amounts in this table represent the gross amounts that we are committed to pay; however, we will record in our financial statements our proportionate share of costs based on our working interest which can vary based on volumes produced. |
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Future Delivery Commitments |
We have various volume delivery commitments that are related to our Marcellus Shale and North Louisiana areas. We expect to be able to fulfill our contractual obligations from our own production; however, we may purchase third-party volumes to satisfy our commitments or pay demand fees for commitment shortfalls, should they occur. As of December 31, 2019, our delivery commitments through 2031 were as follows:
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