Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.21.2
Property, Plant and Equipment
 6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
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):
June 30, 2021 December 31, 2020
Land $ 14,860  $ 13,808 
Proved properties 62,978  62,227 
Wells in progress 11,035  492 
Corporate and other 3,477  3,476 
Total property, plant and equipment at cost 92,350  80,003 
Accumulated DD&A (43,709) (38,764)
Right of use asset — finance leases 19,818  20,018 
Total property, plant and equipment, net $ 68,459  $ 61,257 
Land
    We own land in Louisiana for the purpose of constructing the Driftwood Project.