Property Acquisition

3 Months Ended

Mar. 31, 2023

Property Acquisition [Abstract]

Property Acquisition

Note 3. Property Acquisitions

2023

In March 2023, the Company acquired oil and gas properties in the Anadarko Basin of Oklahoma for cash consideration of $178 million. As of March 31, 2023, the Company was continuing to evaluate the allocation between proved and unproved properties.

2022

In March 2022, the Company acquired oil and gas properties in the Powder River Basin of Wyoming for cash consideration of $403 million.