Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

v3.23.2
PROPERTY, PLANT AND EQUIPMENT (Tables)
 6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment Comprised of Fixed Assets and Oil and Gas Properties
Property, plant and equipment, net consist of the following (in thousands):
June 30, 2023 December 31, 2022
Upstream natural gas assets:
Proved properties $ 489,608  $ 412,977 
Wells in progress 66,071  55,374 
Accumulated DD&A (138,177) (92,423)
Total upstream natural gas assets, net 417,502  375,928 
Driftwood Project assets:
Terminal construction in progress 414,625  292,734 
Pipeline construction in progress 21,071  — 
Land and land improvements 53,664  52,460 
Finance lease assets, net of accumulated DD&A 56,121  56,708 
Buildings and other assets, net of accumulated DD&A 325  340 
Total Driftwood Project assets, net 545,806  402,242 
Fixed assets and other:
Finance lease assets, net of accumulated DD&A 71,939  — 
Leasehold improvements and other assets 16,867  12,672 
Accumulated DD&A (3,234) (1,766)
Total fixed assets and other, net 85,572  10,906 
Total property, plant and equipment, net $ 1,048,880  $ 789,076