Tellurian Inc. Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

3 Months Ended

Mar. 31, 2021

NOTE 3 — PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment is comprised of fixed assets, proved oil and natural gas properties and finance leases, as shown below (in thousands):


	March 31, 2021		December 31, 2020
Land	$	14,180	$	13,808
Proved properties	62,889		62,227
Wells in progress	603		492
Corporate and other	3,477		3,476
Total property, plant and equipment at cost	81,149		80,003
Accumulated DD&A	(41,396)		(38,764)
Right of use asset — finance leases	19,918		20,018
Total property, plant and equipment, net	$	59,671	$	61,257

Land

We own land in Louisiana for the purpose of constructing the Driftwood Project.