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Summary of Signigicant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Subsequent Events
Subsequent Events. We have evaluated subsequent events requiring potential accrual or disclosure in our consolidated financial statements.

Through February 24, 2022, the Company entered into additional derivative contracts. The following tables summarize the weighted-average prices as well as future production volumes for our future derivative contracts entered into after December 31, 2022:
Natural Gas Basis Derivative Swaps
(East Texas Houston Ship Channel vs. NYMEX Settlements)		Total Volumes
(MMBtu)		Weighted Average Price
Calendar Monthly Roll Differential Swaps
2023 Contracts
1Q231,460,000 $(0.37)
2Q231,820,000 $(0.37)
3Q231,840,000 $(0.27)
4Q23920,000 $(0.38)
2024 Contracts
1Q241,820,000 $(0.14)
2Q241,820,000 $(0.35)
3Q241,840,000 $(0.29)
4Q241,840,000 $(0.51)
Property and Equipment The following is a detailed breakout of our “Property and Equipment” balances (in thousands):
December 31,
2022		December 31,
2021
Property and Equipment  
Proved oil and gas properties$2,506,853 $1,588,978 
Unproved oil and gas properties16,272 17,090 
Furniture, fixtures, and other equipment6,098 5,885 
Less – Accumulated depreciation, depletion, amortization & impairment(1,004,044)(869,985)
Property and Equipment, Net$1,525,179 $741,968 
Disaggregation of Revenue
The following table provides information regarding our oil and gas sales, by product, reported on the Consolidated Statements of Operations for years ended December 31, 2022 and 2021 (in thousands):
Year Ended December 31, 2022Year Ended December 31, 2021
Oil, natural gas and NGLs sales:
Oil$239,247 $98,607 
Natural gas451,863 267,687 
NGLs62,310 40,906 
Total$753,420 $407,200 
Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Liabilities. The “Accounts payable and accrued liabilities” balances on the accompanying consolidated balance sheets are summarized below (in thousands):
 December 31,
2022		December 31,
2021
Trade accounts payable$23,660 $9,688 
Accrued operating expenses10,572 4,192 
Accrued compensation costs4,814 7,029 
Asset retirement obligations – current portion1,284 524 
Accrued non-income based taxes4,849 3,314 
Accrued corporate and legal fees1,988 1,972 
Other payables(1)
13,033 8,315 
Total accounts payable and accrued liabilities$60,200 $35,034 
(1) Included in Other Payables is $6.0 million and $6.4 million in payables for settled derivatives for the years ended December 31, 2022 and 2021, respectively.
Oil and Gas receipts greater than 10%
For the years ended December 31, 2022 and 2021, parties that accounted for 10% or more of our total oil and gas receipts were as follows:
Purchasers greater than 10%Year Ended December 31, 2022Year Ended December 31, 2021
Kinder Morgan22 %26 %
Plains Marketing11 %10 %
Twin Eagle*15 %
Trafigura US14 %16 %
Shell Trading12 %12 %