Annual report pursuant to Section 13 and 15(d)

Supplemental Balance Sheet Detail

Supplemental Balance Sheet Detail

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Note 12 – Supplemental Balance Sheet Detail

The following table summarizes components of selected balance sheet accounts as of the dates presented:


	December 31,
	2022		2021
Prepaid and other current assets:
Inventories 1	$	19,341	$	10,305
Prepaid expenses 2	2,923		10,693
	$	22,264	$	20,998
Other assets:
Deferred issuance costs of the Credit Facility, net of amortization	$	3,218	$	3,308
Right-of-use assets – operating leases	989		1,671
Other	213		38
	$	4,420	$	5,017
Accounts payable and accrued liabilities:
Trade accounts payable	$	58,592	$	32,452
Drilling and other lease operating costs	62,842		35,045
Revenue and royalties payable	104,512		95,521
Production, ad valorem and other taxes	10,547		7,905
Derivative settlements to counterparties	4,109		6,117
Compensation and benefits	6,927		13,942
Interest	14,655		15,321
Environmental remediation liability 3	207		2,287
Current operating lease obligations	907		914
Other	2,311		4,877
	$	265,609	$	214,381
Other non-current liabilities:
Asset retirement obligations	$	8,849	$	8,413
Non-current operating lease obligations	200		975
Postretirement benefit plan obligations	885		970
	$	9,934	$	10,358

_______________________

1 Includes tubular inventory and well materials of $18.7 million and $9.5 million and crude oil volumes in storage of $0.6 million and $0.8 million as of December 31, 2022 and 2021, respectively.

2 The balance as of December 31, 2022 and 2021 includes $0.5 million and $9.6 million, respectively, for the prepayment of drilling and completion services and materials.

3 The balance as of December 31, 2022 and 2021 represents estimated costs associated with remediation activities for certain wells and tanks acquired as part of the Lonestar Acquisition; the remediation was completed in the fourth quarter of 2022