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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] Ìý
Schedule of Intangible Assets Net
Intangible assets, net consisted of the following as of September 30, 2023 and December 31, 2022 (in thousands):

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