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Costs Incurred for Property Acquisition, Exploration and Development (Tables)
6 Months Ended
Jun. 30, 2024
Extractive Industries [Abstract]  
Costs Incurred for Property Acquisition, Exploration and Development

 

Six Months Ended
June 30, 2024

 

 

Year Ended
December 31, 2023

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

Acreage purchases

$

28,081

 

 

$

40,067

 

Development

 

301,162

 

 

 

568,484

 

Exploration:

 

 

 

 

 

Drilling

 

12,606

 

 

 

 

Expense

 

10,518

 

 

 

25,280

 

Stock-based compensation expense

 

659

 

 

 

1,250

 

Gas gathering facilities:

 

 

 

 

 

Development

 

2,144

 

 

 

3,123

 

Subtotal

 

355,170

 

 

 

638,204

 

Asset retirement obligations

 

2,386

 

 

 

4,616

 

Total costs incurred

$

357,556

 

 

$

642,820

 

 

(a) Includes costs incurred whether capitalized or expensed.