Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

v3.22.2.2
PROPERTY, PLANT AND EQUIPMENT (Tables)
 9 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment Components
Property, plant and equipment consist of the following (in thousands):
September 30, 2022 December 31, 2021
Upstream natural gas assets:
Proved properties $ 299,589  $ 96,297 
Wells in progress 91,759  17,653 
Accumulated DD&A (70,997) (48,638)
Total upstream natural gas assets, net 320,351  65,312 
Driftwood Project assets:
Land and land improvements 49,086  25,222 
Driftwood terminal construction in progress 238,830  — 
Finance lease assets, net of accumulated DD&A 57,002  57,883 
Buildings and other assets, net of accumulated DD&A 348  371 
Total Driftwood Project, net 345,266  83,476 
Fixed assets and other:
Leasehold improvements and other assets 6,924  3,104 
Accumulated DD&A (1,628) (1,347)
Total fixed assets and other, net 5,296  1,757 
Total property, plant and equipment, net $ 670,913  $ 150,545