|9 Months Ended|
Sep. 30, 2022
In the normal course of business, we enter into operating lease agreements to support our operations. Our leased assets include right-of-way easements for our wells and facilities, office space and other assets. We currently have no finance leases.
Balance Sheet Information
The following table provides supplemental consolidated balance sheet information related to leases:
Statement of Operations Information
The following table provides the components of lease cost, excluding lease cost related to short-term leases:
Our short-term lease cost, which consisted primarily of field equipment rentals, totaled $3.9 million and $7.7 million for the three and nine months ended September 30, 2022.
Cash Flow Information
The following table summarizes supplemental cash flow information related to leases:
Lease Terms and Discount Rates
The following table provides lease terms and discount rates related to leases:
Annual Lease Maturities
The following table provides maturities of lease liabilities at September 30, 2022:
Future Minimum Lease Commitments
Future minimum lease commitments under non-cancellable leases at December 31, 2021 were as follows:
Leases That Have Not Yet Commenced
During the third quarter of 2022, we entered into an additional operating lease for office space. The lease will commence during the fourth quarter of 2022. Undiscounted future lease payments of $0.7 million will be included in the determination of the right-of-use asset and lease liability upon lease commencement.
The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef