Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.21.2
Property, Plant and Equipment
 9 Months Ended
Sep. 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 financing leases, as shown below (in thousands):
September 30, 2021 December 31, 2020
Land and land improvement $ 15,284  $ 13,808 
Proved properties 76,406  62,227 
Wells in progress 11,200  492 
Corporate and other 3,476  3,476 
Total property, plant and equipment at cost 106,366  80,003 
Accumulated DD&A (47,424) (38,764)
Right of use asset — financing leases 58,176  20,018 
Total property, plant and equipment, net $ 117,118  $ 61,257 
Land
We own land in Louisiana for the purpose of constructing the Driftwood terminal.