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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Components of Lease Expense

The components of our total lease expense for the two years ended December 31, 2021, the majority of which is included in general and administrative expense, are as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Operating lease cost

 

$

26,343

 

 

$

27,895

 

Variable lease expense (1)

 

 

27,243

 

 

 

33,849

 

Short-term lease expense (2)

 

 

1,950

 

 

 

1,866

 

Sublease income

 

 

(2,380

)

 

 

(3,199

)

Total lease expense

 

$

53,156

 

 

$

60,411

 

 

 

 

 

 

 

 

Short-term lease costs (3)

 

$

18,984

 

 

$

15,984

 

 

(1)

Variable lease payments that are not dependent on an index or rate and are not included in the lease liability or ROU assets.

(2)

Short-term lease expense represents expense related to leases with a contract term of one year or less and are not included in our ROU assets or lease liability in our consolidated balance sheet.

(3)

These short-term lease costs are related to leases with a contract term of one year or less, the majority of which are related to drilling rigs which are capitalized as part of natural gas and oil properties on our consolidated balance sheets and may fluctuate based on the number of drilling rigs being utilized.

Supplemental Cash Flow Information Related to Operating Leases

Supplemental cash flow information related to our operating leases is included in the table below (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Cash paid for amounts included in the measurement of lease
   liabilities

 

$

28,118

 

 

$

32,030

 

ROU assets added in exchange for lease obligations

 

$

1,059

 

 

$

27,769

 

 

 

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases is included in the table below (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2021

 

 

2020

 

Operating lease ROU assets

 

$

40,832

 

 

$

63,581

 

Accrued liabilities – current

 

$

(19,066

)

 

$

(24,673

)

Operating lease liabilities – long-term

 

$

(24,861

)

 

$

(43,155

)

Schedule of Weighted Average Remaining Lease Term and Weighted Average Discount Rate for Operating Leases

Our weighted average remaining lease term and weighted average discount rate for our operating leases are as follows:

 

 

 

Year Ended December 31,

 

 

2021

 

2020

Weighted average remaining lease term

 

3.8 years

 

4.0 years

Weighted average discount rate

 

6%

 

6%

 

 

Schedule of Lease Liabilities with Enforceable Contract Terms are Greater Than One year Mature

Our lease liabilities with enforceable contract terms that are greater than one year mature as follows (in thousands):

 

 

 

Operating
Leases

 

2022

 

$

21,281

 

2023

 

 

7,207

 

2024

 

 

6,546

 

2025

 

 

6,468

 

2026

 

 

6,168

 

Thereafter

 

 

2,627

 

Total lease payments

 

 

50,297

 

Less effects of discounting

 

 

(6,370

)

Total lease liability

 

$

43,927

 

 

Schedule of Future Minimum Transportation Fees Due As of December 31, 2021, future minimum transportation, processing and gathering fees under our commitments are as follows (in thousands):

 

 

 

Transportation,
Gathering and Processing
Contracts
(a)

 

2022

 

$

801,974

 

2023

 

 

784,712

 

2024

 

 

768,059

 

2025

 

 

682,050

 

2026

 

 

623,561

 

Thereafter

 

 

3,520,105

 

 

 

$

7,180,461

 

 

(a)

The amounts in this table represent the gross amounts that we are committed to pay; however, we will record in our financial statements our proportionate share of costs based on our working interest which can vary based on volumes produced.

Schedule of Estimated Settlement of Divestiture Contract Obligation Based On Discounted Value As of December 31, 2021, our estimated settlement of this retained obligation based on a discounted value is as follows (in thousands):

 

 

 

Divestiture
Contract
Obligation

 

2022

 

$

91,120

 

2023

 

 

71,277

 

2024

 

 

58,401

 

2025

 

 

51,688

 

2026

 

 

36,971

 

Thereafter

 

 

106,942

 

 

 

$

416,399

 

 

Future Delivery Commitments As of December 31, 2021, our delivery commitments through 2031 were as follows:

 

Year Ending December 31,

 

Natural Gas
(mmbtu per day)

 

Ethane and Propane
(bbls per day)

2022

 

588,158

 

55,000

2023

 

500,710

 

39,932

2024

 

253,566

 

35,000

2025

 

182,493

 

35,000

2026

 

158,301

 

35,000

2027

 

100,000

 

35,000

2028

 

100,000

 

35,000

2029

 

100,000

 

20,000

2030

 

 

20,000

2031

 

 

20,000