Quarterly report pursuant to Section 13 or 15(d)

JOINT VENTURE DRILLING PROGRAM (Tables)

v3.23.1
JOINT VENTURE DRILLING PROGRAM (Tables)
3 Months Ended
Mar. 31, 2023
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 Sheets related to the consolidation of the proportional interest in Monza’s operations (in thousands):

March 31, 2023

December 31, 2022

Working capital

$

818

$

2,515

Oil and natural gas properties and other, net

 

35,761

 

37,260

Asset retirement obligations

485

467

Other assets

 

11,233

 

11,571

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):

Three Months Ended March 31, 

2023

2022

Total revenues

$

3,155

$

6,542

Total operating expenses

 

2,484

 

3,254

Interest income

 

59