Annual report pursuant to Section 13 and 15(d)

JOINT VENTURE DRILLING PROGRAM (Tables)

v3.22.4
JOINT VENTURE DRILLING PROGRAM (Tables)
12 Months Ended
Dec. 31, 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 Consolidated Balance Sheets related to the consolidation of the proportional interest in Monza’s operations (in thousands):

December 31,

2022

2021

Working capital

$

2,515

$

4,648

Oil and natural gas properties and other, net

 

37,260

 

45,510

Asset retirement obligations

467

301

Other assets

 

11,571

 

2,511

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

f

Year Ended December 31, 

2022

2021

Total revenues

$

28,803

$

12,716

Total operating expenses

 

13,523

 

10,044

Derivative loss

2,096

Interest income

 

42