Supplemental Balance Sheet Detail

3 Months Ended

Mar. 31, 2023

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, 2023		December 31, 2022
Prepaid and other current assets:
Inventories 1	$	16,305	$	19,341
Prepaid expenses 2	2,155		2,923
	$	18,460	$	22,264
Other assets:
Deferred issuance costs of the Credit Facility, net of amortization	$	2,926	$	3,218
Right-of-use assets – operating leases 3	14,197		989
Other	155		213
	$	17,278	$	4,420
Accounts payable and accrued liabilities:
Trade accounts payable	$	50,366	$	58,592
Drilling and other lease operating costs	50,318		62,842
Revenue and royalties payable	101,418		104,512
Production, ad valorem and other taxes	11,764		10,547
Derivative settlements to counterparties	3,074		4,109
Compensation and benefits	3,197		6,927
Interest	5,432		14,655
Current operating lease obligations 3	11,043		907
Other	3,180		2,518
	$	239,792	$	265,609
Other non-current liabilities:
Asset retirement obligations	$	8,960	$	8,849
Non-current operating lease obligations 3	3,373		200
Postretirement benefit plan obligations	798		885
	$	13,131	$	9,934

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1    Includes tubular inventory and well materials of $15.7 million and $18.7 million as of March 31, 2023 and December 31, 2022, respectively, and crude oil volumes in storage of $0.6 million as of both March 31, 2023 and December 31, 2022.

2 The balances as of March 31, 2023 and December 31, 2022 include $0.5 million in each period for the prepayment of drilling and completion materials and services.

3 The balances as of March 31, 2023 primarily relate to an amended drilling rig lease contract.