| Schedule of Segment Reporting Information, by Segment |
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| Year ended December 31, 2023 |
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Upstream |
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Midstream |
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Marketing & Trading |
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Corporate |
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Consolidated |
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Revenues from external customers (1)
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$ |
18,047 |
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$ |
— |
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$ |
148,081 |
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$ |
— |
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$ |
166,128 |
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Intersegment revenues (purchases) (2) (3)
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148,081 |
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(7,969) |
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(135,781) |
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(4,331) |
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— |
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Segment operating income (loss) (4)
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(55,501) |
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(55,289) |
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(7,306) |
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(30,566) |
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(148,662) |
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| Interest expense, net |
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1,506 |
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(1,007) |
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6 |
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(18,552) |
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(18,047) |
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| Loss on extinguishment of debt, net |
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— |
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— |
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— |
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(32,295) |
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(32,295) |
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| Other income (loss), net |
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1,193 |
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— |
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12,783 |
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18,850 |
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32,827 |
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| Consolidated loss before tax |
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$ |
(166,177) |
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| Year ended December 31, 2022 |
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Upstream |
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Midstream |
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Marketing & Trading |
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Corporate |
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Consolidated |
Revenues from external customers (1)
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$ |
15,993 |
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$ |
— |
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$ |
375,933 |
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$ |
— |
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$ |
391,926 |
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Intersegment revenues (purchases) (2) (3)
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254,984 |
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(1,760) |
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(241,229) |
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(11,995) |
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— |
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Segment operating income (loss) (4)
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130,663 |
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(80,626) |
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(31,192) |
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(36,618) |
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(17,773) |
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| Interest expense, net |
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— |
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(1,751) |
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(454) |
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(11,655) |
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(13,860) |
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| Gain on extinguishment of debt, net |
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— |
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— |
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— |
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— |
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— |
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| Other income (loss), net |
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3,770 |
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— |
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(22,912) |
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964 |
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(18,177) |
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| Consolidated loss before tax |
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$ |
(49,810) |
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| Year ended December 31, 2021 |
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Upstream |
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Midstream |
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Marketing & Trading |
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Corporate |
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Consolidated |
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Revenues from external customers (1)
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$ |
2,317 |
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$ |
— |
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$ |
68,958 |
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$ |
— |
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$ |
71,275 |
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Intersegment revenues (purchases) (2) (3)
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49,182 |
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— |
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(44,755) |
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(4,427) |
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— |
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Segment operating loss (4)
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(5,651) |
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(42,040) |
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(22,889) |
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(42,153) |
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(112,733) |
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| Interest expense, net |
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(1,642) |
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(4,722) |
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— |
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(3,014) |
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(9,378) |
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| Gain on extinguishment of debt, net |
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(665) |
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2,087 |
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— |
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— |
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1,422 |
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| Other (loss) income , net |
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(1,284) |
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(2,494) |
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9,460 |
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269 |
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5,951 |
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| Consolidated loss before tax |
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$ |
(114,738) |
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| (1) The Marketing & Trading segment markets to third party-purchasers most of the Company's natural gas production from the Upstream segment. |
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| (2) The Marketing & Trading segment purchases most of the Company’s natural gas production from the Upstream segment. Intersegment revenues are eliminated at consolidation. |
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| (3) Intersegment revenues related to the Marketing & Trading segment are a result of cost allocations to the Corporate component using a cost plus transfer pricing methodology. Intersegment revenues related to the Corporate component are associated with intercompany interest charged to the Midstream segment. Intersegment revenues are eliminated at consolidation. |
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| (4) Operating profit (loss) is defined as operating revenues less operating costs and allocated corporate costs. |
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Year Ended December 31, |
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| Capital expenditures |
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2023 |
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2022 |
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2021 |
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| Upstream |
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$ |
112,992 |
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$ |
347,240 |
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$ |
32,364 |
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| Midstream |
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200,127 |
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199,283 |
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25,501 |
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| Marketing & Trading |
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490 |
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675 |
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— |
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| Total capital expenditures for reportable segments |
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313,609 |
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547,198 |
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57,865 |
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| Corporate capital expenditures |
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3,896 |
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5,690 |
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— |
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| Consolidated capital expenditures |
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$ |
317,505 |
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$ |
552,888 |
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$ |
57,865 |
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