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, 2024

Future amounts due under operating lease liabilities as of June 30, 2024 were as follows (in thousands):


Remaining 2024	$	6,634
2025	836
2026	561
2027	10
2028	—
Total lease payments	$	8,041
Less: imputed interest	(197)
Total	$	7,844

Schedule of Lease Cost

(in thousands):


	Three Months Ended June 30, 2024		Three Months Ended June 30, 2023
Operating lease cost	$	3,403	$	3,443
Variable lease cost	—		—
Short-term lease cost	5,998		8,050
Total lease cost(1)	$	9,401	$	11,493


	Six Months Ended June 30, 2024		Six Months Ended June 30, 2023
Operating lease cost	$	6,806	$	6,886
Variable lease cost	—		—
Short-term lease cost	15,949		17,298
Total lease cost(1)	$	22,755	$	24,184

_____________________

(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, 2024		Six Months Ended June 30, 2023
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	7,649	$	4,236