Gulfport Energy Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

LEASES (Tables)

LEASES (Tables)

3 Months Ended

Mar. 31, 2023

Future amounts due under operating lease liabilities as of March 31, 2023 were as follows (in thousands):


Remaining 2023	$	10,309
2024	13,439
2025	836
2026	561
2027	10
Total lease payments	$	25,155
Less: imputed interest	(1,474)
Total	$	23,682

Schedule of Lease Cost

Lease costs incurred for the three months ended March 31, 2023 and 2022, consisted of the following (in thousands):


	Three Months Ended March 31, 2023		Three Months Ended March 31, 2022
Operating lease cost	$	3,443	$	50
Variable lease cost	—		—
Short-term lease cost	9,248		8,622
Total lease cost(1)	$	12,691	$	8,672

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(1) The majority of the Company's total lease cost was capitalized to the full cost pool, and the remainder was included in either lease operating expenses or general and administrative expenses in the accompanying consolidated statements of operations.

Supplemental cash flow information related to leases was as follows (in thousands):


	Three Months Ended March 31, 2023		Three Months Ended March 31, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	2,038	$	49