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Oil and Gas Properties (Tables)
12 Months Ended
Dec. 31, 2019
Extractive Industries [Abstract]  
Schedule of Oil and Gas Properties
Costs associated with general corporate activities are expensed in the period incurred. Oil and gas properties consisted of the following:
 
 
December 31,
(In thousands)
 
2019
 
2018
Oil and gas properties, at cost, using the full cost method of accounting:
 
 
 
 
Not subject to depletion
 
$
291,664

 
$
228,151

Subject to depletion
 
449,061

 
289,851

Total oil and gas properties, at cost
 
740,725

 
518,002

Less accumulated depreciation, depletion, and amortization
 
(61,103
)
 
(27,628
)
Total oil and gas properties, net
 
$
679,622

 
$
490,374

Costs not subject to depletion are as follows, by the year in which such costs were incurred:
By Year:
 
Total
 
2019
 
2018
 
2017
 
2016
 
Prior
(In thousands)
 
 
 
 
 
 
 
 
 
 
 
 
Property Acquisition costs
 
$
291,664

 
$
80,964

 
$
73,002

 
$
66,139

 
$
10,745

 
$
60,814

The aggregate amounts of costs capitalized for oil and natural gas producing activities and related aggregate amounts of accumulated depletion follow:

 
 
For the Year Ended December 31,
(In thousands)
 
2019
 
2018
 
2017
Oil and gas properties, at cost, using full cost method of accounting:
 
 
 
 
 
 
Not subject to depletion
 
$
291,664

 
$
228,151

 
$
168,691

Subject to depletion
 
449,061

 
289,851

 
152,354

   Total oil and gas properties, at cost
 
740,725

 
518,002

 
321,045

Less accumulated depreciation, depletion, and amortization
 
(61,103
)
 
(27,628
)
 
(14,210
)
   Total oil and gas properties, net
 
$
679,622

 
$
490,374

 
$
306,835