Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Accounts Receivable, Allowance for Credit Loss

The following table describes the balance and changes to the allowance for credit losses (in thousands):

Year Ended December 31, 

    

2023

    

2022

    

2021

Allowance for credit losses, beginning of period

$

12,062

$

10,046

$

9,123

Additional provisions for the year

 

123

 

3,085

 

2,192

Uncollectible accounts written off or collected

 

(1,055)

 

(1,069)

 

(1,269)

Allowance for credit losses, end of period

$

11,130

$

12,062

$

10,046

Schedule of Property, Plant and Equipment

The following table provides the components of Oil and natural gas properties and other, net (in thousands):

December 31, 

2023

2022

Oil and natural gas properties and related equipment

$

8,919,403

$

8,813,404

Furniture, fixtures and other

 

43,434

 

20,915

Total property and equipment

 

8,962,837

 

8,834,319

Less: Accumulated depreciation, depletion, amortization and impairment

 

(8,213,781)

 

(8,099,104)

Oil and natural gas properties and other, net

$

749,056

$

735,215