Property, Plant and Equipment (Tables)

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment includes the following (in thousands):

	March 31, 2020		December 31, 2019
Oil and natural gas properties:
Subject to depletion	$	4,065,159	$	8,799,840
Not subject to depletion
Incurred in 2020	1,749,347		—
Incurred in 2019	107,364		318,190
Incurred in 2018 and prior	1,467,814		2,154,094
Total not subject to depletion	3,324,525		2,472,284
Oil and natural gas properties, successful efforts method	7,389,684		11,272,124
Less accumulated depreciation and depletion	—		(2,117,963)
Total oil and natural gas properties, net	7,389,684		9,154,161
Other property, plant and equipment	239,119		219,857
Less accumulated depreciation	(54,879)		(49,551)
Other property, plant and equipment, net	184,240		170,306
Total property, plant and equipment, net	$	7,573,924	$	9,324,467

Schedule of Gross Oil and Natural Gas Property Balances

The following table includes gross oil and natural gas property balances as of March 31, 2020:

Gross oil and natural gas properties subject to depletion	$	10,758,429
Gross oil and natural gas properties not subject to depletion	3,324,525
Gross oil and natural gas properties	14,082,954
Less gross accumulated depreciation and depletion	(2,319,017)
Less impairment of long-lived assets	(4,374,253)
Total oil and natural gas properties, net	$	7,389,684