Quarterly report pursuant to Section 13 or 15(d)

Property and equipment, net (Tables)

v3.20.2
Property and equipment, net (Tables)
3 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment
Property and equipment, net is comprised of the following: 
 
 
March 31,
 
December 31,
 
 
2020
 
2019
 
 
(In thousands)
Proved oil and natural gas properties
 
$
1,056,236

 
$
1,013,952

Unproved oil and natural gas properties
 
97,726

 
97,706

Land
 
1,575

 
1,575

Less: accumulated DD&A and impairment
 
(746,215
)
 
(368,636
)
    Total oil and natural gas properties (successful efforts), net
 
409,322

 
744,597

Other property and equipment
 
7,415

 
7,348

Less: accumulated DD&A
 
(4,676
)
 
(4,364
)
    Total other property and equipment
 
2,739

 
2,984

Total property and equipment, net
 
$
412,061

 
$
747,581


The Company recorded depreciation, depletion and amortization (“DD&A”) to property and equipment as follows:
 
Three Months Ended March 31,
 
2020
 
2019
 
(in thousands)
Proved oil and natural gas properties
$
30,933

 
$
35,567

Other property and equipment
336

 
207

Total DD&A related to property and equipment
$
31,269

 
$
35,774