Leases (Notes)

3 Months Ended

Mar. 31, 2022

NOTE 9 - LEASES

We have operating leases for office space and well equipment, and finance leases for vehicles. There were no significant changes in our operating and finance leases for the three months ended March 31, 2022. We had short-term lease costs of $74.7 million and $38.9 million for the three months ended March 31, 2022 and March 31, 2021, respectively. Our short-term lease costs include amounts that are capitalized as part of the cost of assets and are recorded as properties and equipment, or recognized as expense.

The following table presents the balance sheet classification of our leases as of the dates indicated:


Leases	Condensed Consolidated Balance Sheet Line Item	March 31, 2022			December 31, 2021
		(in thousands)
Operating lease right-of-use assets	Other assets	$	6,824		$	7,630
Finance lease right-of-use assets	Properties and equipment, net	6,721			3,483
Total right-of-use assets		$	13,545		$	11,113

Operating lease obligation - current	Other accrued expenses	5,505			5,937
Operating lease obligation - non-current	Other liabilities	3,308			4,044
Finance lease obligation - current	Other accrued expenses	2,069			1,260
Finance lease obligation - non-current	Other liabilities	4,663			2,230
Total lease liabilities		$	15,545		$	13,471

Weighted average remaining lease term (years)		3.0			2.8
Weighted average discount rate		4.8		%	4.8		%