Supplemental Balance Sheet Detail

3 Months Ended

Mar. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Balance Sheet Detail

Note 9 – Supplemental Balance Sheet Detail

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

	March 31, 2022		December 31, 2021
Prepaid and other current assets:
Inventories 1	$	13,025	$	10,305
Prepaid expenses 2	2,964		10,693
	$	15,989	$	20,998
Other assets:
Deferred issuance costs of the Credit Facility, net of amortization	$	3,138	$	3,308
Right-of-use assets – operating leases	1,498		1,671
Other	—		38
	$	4,636	$	5,017
Accounts payable and accrued liabilities:
Trade accounts payable	$	32,463	$	32,452
Drilling and other lease operating costs	47,103		35,045
Revenue and royalties payable	110,493		95,521
Production, ad valorem and other taxes	12,224		7,905
Derivative settlements to counterparties	25,146		6,117
Compensation and benefits	7,957		13,942
Interest	5,003		15,321
Environmental remediation liability 3	2,277		2,287
Current operating lease obligations	891		914
Other	2,632		4,877
	$	246,189	$	214,381
Other non-current liabilities:
Asset retirement obligations	$	8,186	$	8,413
Non-current operating lease obligations	755		975
Postretirement benefit plan obligations	959		970
	$	9,900	$	10,358

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1    Includes tubular inventory and well materials of $12.2 million and $9.5 million and crude oil volumes in storage of $0.8 million and $0.8 million as of March 31, 2022 and December 31, 2021, respectively.

2 The balances as of March 31, 2022 and December 31, 2021 include $0.6 million and $9.6 million, respectively, for the prepayment of drilling and completion materials and services.

3 The balance as of March 31, 2022 and December 31, 2021 represents estimated costs associated with remediation activities for certain wells and tanks acquired as part of the Lonestar Acquisition.