Leases (Tables)

3 Months Ended

Mar. 31, 2019

The following table summarizes the components of our total lease cost for the three months ended March 31, 2019:



Operating lease cost	$	163
Short-term lease cost	11,571
Variable lease cost	5,095
Less: Amounts charged as drilling costs ¹	(10,851		)
Total lease cost recognized in the Condensed Consolidated Statement of Operations²	$	5,978

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¹	Represents the combined gross amounts paid and (i) capitalized as drilling costs for our working interest share and (ii) billed to joint interest partners for their working interest share for short-term leases of operated drilling rigs.


²	Includes $2.1 million recognized in Gathering, processing and transportation, $3.7 million recognized in Lease operating and $0.2 million recognized in G&A.

The following table summarizes supplemental cash flow information related to leases for the three months ended March 31, 2019:



Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	39
ROU assets obtained in exchange for lease obligations:
Operating leases	$	2,572



Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	39
ROU assets obtained in exchange for lease obligations:
Operating leases	$	2,572

The following table summarizes supplemental balance sheet information related to leases as of March 31, 2019:



ROU assets - operating leases	$	2,451

Current operating lease obligations	$	689
Noncurrent operating lease obligations	2,109
Total operating lease obligations	$	2,798

Weighted-average remaining lease term
Operating leases	4.8 Years

Weighted-average discount rate
Operating leases	5.96		%

Maturities of operating lease obligations for the years ending December 31,
2019	$	516
2020	667
2021	647
2022	647
2023	644
2024 and thereafter	108
Total undiscounted lease payments	3,229
Less: imputed interest	(431		)
Total operating lease obligations	$	2,798