Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.23.3
Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets Net
Intangible assets, net consisted of the following as of September 30, 2023 and December 31, 2022 (in thousands):

  September 30,
2023
December 31,
2022
Intangible assets, at cost:    
Saltwater disposal easement $ 17,557  $ — 
Groundwater rights acquired 3,846  — 
Total intangible assets, at cost (1)
21,403  — 
Less: accumulated amortization (95) — 
Intangible assets, net $ 21,308  $ — 
(1)The remaining weighted average amortization period for total intangible assets was 19.0 years as of September 30, 2023.