Quarterly report pursuant to Section 13 or 15(d)

JOINT VENTURE DRILLING PROGRAM (Tables)

v3.22.2
JOINT VENTURE DRILLING PROGRAM (Tables)
6 Months Ended
Jun. 30, 2022
Note 7 - Joint Venture Drilling Program  
Schedule of Condensed Consolidated Balance Sheet related to the consolidation of the proportional interest in Monza's operations

The following table presents the amounts recorded by W&T on the Condensed Consolidated Balance Sheet related to the consolidation of the proportional interest in Monza’s operations (in thousands):

June 30, 2022

December 31, 2021

Working capital

$

5,926

$

4,648

Asset retirement obligations

417

375

Other assets

 

12,504

 

2,511

Schedule of Condensed Consolidated Statement of Operations related to the consolidation of the proportional interest in Monza's operations

The following table presents the amounts recorded by W&T in the Condensed Consolidated Statement of Operations related to the consolidation of the proportional interest in Monza’s operations (in thousands):

Six Months Ended June 30, 

2022

2021

Total revenues

$

16,615

$

5,492

Total operating expenses

 

7,368

 

5,204

Derivative loss

 

 

1,451