Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION (Tables)

v3.23.1
BASIS OF PRESENTATION (Tables)
 3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities Accounts payable and accrued liabilities consisted of the following at March 31, 2023 and December 31, 2022 (in thousands):
March 31, 2023 December 31, 2022
Revenue payable and suspense $ 195,318  $ 222,721 
Accounts payable 55,417  37,807 
Accrued capital expenditures 50,972  36,464 
Accrued transportation, gathering, processing and compression 30,754  56,138 
Accrued contract rejection damages and shares held in reserve 1,996  40,996 
Other accrued liabilities 43,580  43,258 
Total accounts payable and accrued liabilities $ 378,037  $ 437,384 
Schedule of Cash Flow, Supplemental Disclosures Supplemental Cash Flow and Non-Cash Information (in thousands)
Three Months Ended March 31, 2023 Three Months Ended March 31, 2022
Supplemental disclosure of cash flow information:
Interest payments, net of amounts capitalized $ 2,353  $ 2,110 
Changes in operating assets and liabilities:
Decrease in accounts receivable - oil and natural gas sales $ 158,541  $ 25,985 
Increase in accounts receivable - joint interest and other (1,837) (17,722)
(Decrease) increase in accounts payable and accrued liabilities (82,671) 2,135 
Decrease in prepaid expenses 764  6,811 
Increase in other assets (38) (17)
Total changes in operating assets and liabilities $ 74,759  $ 17,192 
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation $ 864  $ 597 
Asset retirement obligation capitalized $ —  $ 16 
Asset retirement obligation removed due to divestiture $ (919) $ — 
Release of common stock held in reserve $ —  $ 28,220 
Interest capitalized $ 824  $ —