Quarterly report pursuant to Section 13 or 15(d)

JOINT VENTURE DRILLING PROGRAM (Tables)

v3.22.2.2
JOINT VENTURE DRILLING PROGRAM (Tables)
9 Months Ended
Sep. 30, 2022
Note 7 - Joint Venture Drilling Program  
Schedule of Condensed Consolidated Balance Sheet related to the consolidation of the proportional interest in Monza's operations

The following table presents the amounts recorded by W&T on the Condensed Consolidated Balance Sheets related to the consolidation of the proportional interest in Monza’s operations (in thousands):

September 30, 2022

December 31, 2021

Working capital

$

3,583

$

4,648

Oil and natural gas properties and other, net

 

39,131

 

45,510

Asset retirement obligations

432

375

Other assets

 

15,409

 

2,511

Other liabilities

2,627

Schedule of Condensed Consolidated Statement of Operations related to the consolidation of the proportional interest in Monza's operations

The following table presents the amounts recorded by W&T in the Condensed Consolidated Statement of Operations related to the consolidation of the proportional interest in Monza’s operations (in thousands):

Nine Months Ended September 30, 

2022

2021

Total revenues

$

23,681

$

8,730

Total operating expenses

 

10,805

 

7,564

Derivative loss

 

 

1,966