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)

9 Months Ended

Sep. 30, 2023

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


Remaining 2023	$	3,423
2024	13,439
2025	836
2026	561
2027	10
Total lease payments	$	18,269
Less: imputed interest	(804)
Total	$	17,465

Schedule of Lease Cost

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


	Three Months Ended September 30, 2023		Three Months Ended September 30, 2022
Operating lease cost	$	3,443	$	187

Short-term lease cost	5,112		8,035
Total lease cost(1)	$	8,555	$	8,222


	Nine Months Ended September 30, 2023		Nine Months Ended September 30, 2022
Operating lease cost	$	10,329	$	287

Short-term lease cost	22,410		26,817
Total lease cost(1)	$	32,739	$	27,104

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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):


	Nine Months Ended September 30, 2023		Nine Months Ended September 30, 2022
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	5,313	$	354