Annual report pursuant to Section 13 and 15(d)

JOINT VENTURE DRILLING PROGRAM (Tables)

v3.22.4
JOINT VENTURE DRILLING PROGRAM (Tables)
12 Months Ended
Dec. 31, 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 Consolidated Balance Sheets related to the consolidation of the proportional interest in Monza’s operations (in thousands):

​

​

​

​

​

​

​

​

​

December 31,

​

​

2022

​

2021

Working capital

​

$

2,515

​

$

4,648

Oil and natural gas properties and other, net

​

 

37,260

​

 

45,510

Asset retirement obligations

​

​

467

​

​

301

Other assets

​

 

11,571

​

 

2,511

​

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

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f

​

​

​

​

​

​

​

​

Year Ended December 31, 

​

​

2022

​

2021

Total revenues

​

$

28,803

​

$

12,716

Total operating expenses

​

 

13,523

​

 

10,044

Derivative loss

​

​

—

​

​

2,096

Interest income

​

 

42

​

 

—