SUPPLEMENTARY INFORMATION ON OIL AND NATURAL GAS ACTIVITIES (UNAUDITED)

12 Months Ended

Dec. 31, 2019

Supplementary Information On Oil And Natural Gas Activities [Abstract]

SUPPLEMENTARY INFORMATION ON OIL AND NATURAL GAS ACTIVITIES (UNAUDITED)

NOTE 21. SUPPLEMENTARY INFORMATION ON OIL AND NATURAL GAS ACTIVITIES (UNAUDITED)

Capitalized costs relating to oil and natural gas producing activities are as follows at December 31 (in thousands):

	2019		2018
Proved oil and natural gas properties	$	128,578	$	410,184
Unproved oil and natural gas properties		519		8,454
		129,097		418,638
Accumulated depreciation, depletion and amortization		(15,066)		(12,950)
Net capitalized costs	$	114,031	$	405,688

Costs incurred in oil and natural gas property acquisition and development activities are as follows for the periods indicated (in thousands):

	Successor				Predecessor
			Seven Months		Five Months
	Year Ended		Ended		Ended		Year Ended
	December 31, 2019		December 31, 2018		May 31, 2018		December 31, 2017
Acquisition of oil and natural gas properties:
Proved	$	—	$	—	$	—	$	58,230
Unproved		—		—		—		3,170
Exploration costs		75		177		122		413
Development costs		1,172		17,925		26,841		39,348
Total	$	1,247	$	18,102	$	26,963	$	101,161