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

 

Nine Months Ended
September 30, 2024

 

 

Year Ended
December 31, 2023

 

 

(in thousands)

 

Acquisitions:

 

 

 

 

 

Acreage purchases

$

37,743

 

 

$

40,067

 

Development

 

444,637

 

 

 

568,484

 

Exploration:

 

 

 

 

 

Drilling

 

14,680

 

 

 

 

Expense

 

17,506

 

 

 

25,280

 

Stock-based compensation expense

 

1,005

 

 

 

1,250

 

Gas gathering facilities:

 

 

 

 

 

Development

 

2,425

 

 

 

3,123

 

Subtotal

 

517,996

 

 

 

638,204

 

Asset retirement obligations

 

2,912

 

 

 

4,616

 

Total costs incurred

$

520,908

 

 

$

642,820

 

 

(a) Includes costs incurred whether capitalized or expensed.