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Costs Incurred for Property Acquisition, Exploration and Development (Tables)
9 Months Ended
Sep. 30, 2023
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

 

 

Nine Months Ended
September 30,
2023

 

 

Year Ended
December 31,
2022

 

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

 

Acreage purchases

 

$

25,475

 

 

$

28,735

 

Development

 

 

450,115

 

 

 

460,668

 

Exploration:

 

 

 

 

 

 

Drilling

 

 

 

 

 

 

Expense

 

 

18,087

 

 

 

25,194

 

Stock-based compensation expense

 

 

935

 

 

 

1,578

 

Gas gathering facilities:

 

 

 

 

 

 

Development

 

 

1,008

 

 

 

1,466

 

Subtotal

 

 

495,620

 

 

 

517,641

 

Asset retirement obligations

 

 

2,377

 

 

 

18,096

 

Total costs incurred

 

$

497,997

 

 

$

535,737

 

 

(a) Includes costs incurred whether capitalized or expensed.