Supplemental Balance Sheet Detail

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Additional Balance Sheet Detail

Note 12 – Supplemental Balance Sheet Detail

The following table summarizes components of selected balance sheet accounts as of the dates presented:

	December 31,
	2021		2020
Prepaid and other current assets:
Inventories 1	$	10,305	$	4,274
Prepaid expenses 2	10,693		14,771
	$	20,998	$	19,045
Other assets:
Deferred issuance costs of the Credit Facility, net of amortization	$	3,308	$	2,349
Right-of-use assets – operating leases	1,671		2,432
Other	38		127
	$	5,017	$	4,908
Accounts payable and accrued liabilities:
Trade accounts payable	$	32,452	$	7,055
Drilling and other lease operating costs	35,045		16,088
Revenue and royalties payable	95,521		26,615
Production, ad valorem and other taxes	7,905		3,094
Derivative settlements to counterparties	6,117		321
Compensation and benefits	13,942		4,222
Interest	15,321		504
Environmental remediation liability 3	2,287		—
Current operating lease obligations	914		936
Other 4	4,877		4,254
	$	214,381	$	63,089
Other non-current liabilities:
Asset retirement obligations	$	8,413	$	5,461
Non-current operating lease obligations	975		1,752
Postretirement benefit plan obligations	970		1,149
	$	10,358	$	8,362

_______________________

1    Includes tubular inventory and well materials of $9.5 million and $3.9 million and crude oil volumes in storage of $0.8 million and $0.4 million as of December 31, 2021 and 2020, respectively.

2    The balance as of December 31, 2021 and 2020 includes $9.6 million and $13.6 million, respectively, for the prepayment of drilling and completion services and materials.

3    The balance as of December 31, 2021 represents estimated costs associated with remediation activities for certain wells and tanks acquired as part of the Lonestar Acquisition.

4    The balance as of December 31, 2021 includes liabilities assumed as part of the Lonestar Acquisition of $2.5 million. The balance as of December 31, 2020 includes $3.5 million of accrued costs attributable to Juniper Transaction expenses.

Components of Selected Balance Sheet Accounts

The following table summarizes components of selected balance sheet accounts as of the dates presented:

	December 31,
	2021		2020
Prepaid and other current assets:
Inventories 1	$	10,305	$	4,274
Prepaid expenses 2	10,693		14,771
	$	20,998	$	19,045
Other assets:
Deferred issuance costs of the Credit Facility, net of amortization	$	3,308	$	2,349
Right-of-use assets – operating leases	1,671		2,432
Other	38		127
	$	5,017	$	4,908
Accounts payable and accrued liabilities:
Trade accounts payable	$	32,452	$	7,055
Drilling and other lease operating costs	35,045		16,088
Revenue and royalties payable	95,521		26,615
Production, ad valorem and other taxes	7,905		3,094
Derivative settlements to counterparties	6,117		321
Compensation and benefits	13,942		4,222
Interest	15,321		504
Environmental remediation liability 3	2,287		—
Current operating lease obligations	914		936
Other 4	4,877		4,254
	$	214,381	$	63,089
Other non-current liabilities:
Asset retirement obligations	$	8,413	$	5,461
Non-current operating lease obligations	975		1,752
Postretirement benefit plan obligations	970		1,149
	$	10,358	$	8,362