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Costs Incurred for Property Acquisition, Exploration and Development (Tables)
3 Months Ended
Mar. 31, 2024
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

 

Three Months Ended
March 31, 2024

 

 

Year Ended
December 31, 2023

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

Acreage purchases

$

14,196

 

 

$

40,067

 

Development

 

152,038

 

 

 

568,484

 

Exploration:

 

 

 

 

 

Drilling

 

 

 

 

 

Expense

 

4,202

 

 

 

25,280

 

Stock-based compensation expense

 

324

 

 

 

1,250

 

Gas gathering facilities:

 

 

 

 

 

Development

 

2,626

 

 

 

3,123

 

Subtotal

 

173,386

 

 

 

638,204

 

Asset retirement obligations

 

1,462

 

 

 

4,616

 

Total costs incurred

$

174,848

 

 

$

642,820

 

 

(a) Includes costs incurred whether capitalized or expensed.