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