Leases (Tables)

6 Months Ended

Jun. 30, 2019

The following table summarizes the components of our total lease cost for the periods presented:



	Three Months Ended			Six Months Ended
	June 30, 2019
Operating lease cost	$	194		$	357
Short-term lease cost	11,484			23,055
Variable lease cost	5,548			10,643
Less: Amounts charged as drilling costs ¹	(10,790		)	(21,641		)
Total lease cost recognized in the Condensed Consolidated Statement of Operations ²	$	6,436		$	12,414

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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.

Includes $2.9 million and $5.0 million recognized in Gathering, processing and transportation, $3.3 million and $7.1 million recognized in Lease operating and $0.2 million and $0.4 million recognized in G&A for the three and six months ended June 30, 2019, respectively.

Schedule of Supplemental Cash Flow Information Related to Leases

The following table summarizes supplemental cash flow information related to leases for the six months ended June 30, 2019:



Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	221
ROU assets obtained in exchange for lease obligations:
Operating leases ¹	$	3,325

Schedule of Supplemental Balance Sheet Information Related to Leases



Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	221
ROU assets obtained in exchange for lease obligations:
Operating leases ¹	$	3,325

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¹Includes $2.5 million recognized upon adoption of ASC Topic 842 and $0.8 million obtained during the six months ended June 30, 2019.

The following table summarizes supplemental balance sheet information related to leases as of June 30, 2019:



ROU assets - operating leases	$	3,059

Current operating lease obligations	$	874
Noncurrent operating lease obligations	2,545
Total operating lease obligations	$	3,419

Weighted-average remaining lease term
Operating leases	4.6 Years

Weighted-average discount rate
Operating leases	5.97		%

Maturities of operating lease obligations for the years ending December 31,
2019	$	437
2020	846
2021	830
2022	834
2023	833
2024 and thereafter	139
Total undiscounted lease payments	3,919
Less: imputed interest	(500		)
Total operating lease obligations	$	3,419