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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2022
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, 2022, the majority of which is included as part of natural gas and oil properties on our consolidated balance sheets, are as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Operating lease cost

 

$

37,873

 

 

$

26,343

 

Variable lease expense (1)

 

 

22,082

 

 

 

27,243

 

Short-term lease expense (2)

 

 

1,807

 

 

 

1,950

 

Sublease income

 

 

(137

)

 

 

(2,380

)

Total lease expense

 

$

61,625

 

 

$

53,156

 

 

 

 

 

 

 

 

Short-term lease costs (3)

 

$

17,285

 

 

$

18,984

 

 

(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 sheets.

(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,

 

 

 

2022

 

 

2021

 

Cash paid for amounts included in the measurement of lease
   liabilities

 

$

37,457

 

 

$

28,118

 

ROU assets added in exchange for lease obligations

 

$

78,574

 

 

$

1,059

 

 

 

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,

 

 

 

2022

 

 

2021

 

Operating lease ROU assets

 

$

84,070

 

 

$

40,832

 

Accrued liabilities – current

 

$

(67,493

)

 

$

(19,066

)

Operating lease liabilities – long-term

 

$

(20,903

)

 

$

(24,861

)

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,

 

 

2022

 

2021

Weighted average remaining lease term

 

2.0 years

 

3.8 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

 

2023

 

$

70,873

 

2024

 

 

8,119

 

2025

 

 

6,576

 

2026

 

 

6,167

 

2027

 

 

2,626

 

Total lease payments

 

 

94,361

 

Less effects of discounting

 

 

(5,965

)

Total lease liability

 

$

88,396

 

 

Schedule of Future Minimum Transportation Fees Due As of December 31, 2022, future minimum transportation and gathering fees under our commitments are as follows (in thousands):

 

 

 

Transportation
and Gathering
Contracts
(a)

 

2023

 

$

801,850

 

2024

 

 

782,445

 

2025

 

 

694,670

 

2026

 

 

635,929

 

2027

 

 

582,580

 

Thereafter

 

 

2,971,614

 

 

 

$

6,469,088

 

 

(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, 2022, our estimated settlement of this retained obligation based on a discounted value is as follows (in thousands):

 

 

 

Divestiture
Contract
Obligation

 

2023

 

$

86,546

 

2024

 

 

73,916

 

2025

 

 

64,276

 

2026

 

 

45,773

 

2027

 

 

37,743

 

Thereafter

 

 

82,366

 

 

 

$

390,620

 

 

Future Delivery Commitments As of December 31, 2022, our delivery commitments through 2037 were as follows:

 

Year Ending December 31,

 

Natural Gas
(mmbtu per day)

 

Ethane and Propane
(bbls per day)

2023

 

365,000

 

50,000

2024

 

261,899

 

50,000

2025

 

182,493

 

50,000

2026

 

158,301

 

50,000

2027

 

100,000

 

46,233

2028

 

100,000

 

45,000

2029

 

100,000

 

33,444

2030

 

 

30,000

2031

 

 

16,575

2032-2037

 

 

10,000 (each year)