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)

6 Months Ended

Jun. 30, 2023

Future amounts due under operating lease liabilities as of June 30, 2023 were as follows (in thousands):


Remaining 2023	$	6,866
2024	13,439
2025	836
2026	561
2027	10
Total lease payments	$	21,712
Less: imputed interest	(1,113)
Total	$	20,599

Schedule of Lease Cost

The tables below summarize lease costs for the periods presented (in thousands):


	Three Months Ended June 30, 2023		Three Months Ended June 30, 2022
Operating lease cost	$	3,443	$	50
Variable lease cost	—		—
Short-term lease cost	8,050		10,160
Total lease cost(1)	$	11,493	$	10,210


	Six Months Ended June 30, 2023		Six Months Ended June 30, 2022
Operating lease cost	$	6,886	$	100
Variable lease cost	—		—
Short-term lease cost	17,298		18,782
Total lease cost(1)	$	24,184	$	18,882

_____________________

(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):


	Six Months Ended June 30, 2023		Six Months Ended June 30, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	4,236	$	72