Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

v3.22.4
PROPERTY, PLANT AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment Components
Property, plant and equipment consist of the following (in thousands):
December 31,
2022 2021
Upstream natural gas assets:
Proved properties $ 412,977  $ 96,297 
Wells in progress 55,374  17,653 
Accumulated DD&A (92,423) (48,638)
Total upstream natural gas assets, net 375,928  65,312 
Driftwood Project assets:
Land and land improvements 52,460  25,222 
Driftwood terminal construction in progress 292,734  — 
Finance lease assets, net of accumulated DD&A 56,708  57,883 
Buildings and other assets, net of accumulated DD&A 340  371 
Total Driftwood Project assets, net 402,242  83,476 
Fixed assets and other:
Leasehold improvements and other assets 12,672  3,104 
Accumulated DD&A (1,766) (1,347)
Total fixed assets and other, net 10,906  1,757 
Total property, plant and equipment, net $ 789,076  $ 150,545