|3 Months Ended|
Mar. 31, 2019
As previously described in Note 1 - Summary of Significant Accounting Policies, we lease certain office space, office equipment, production facilities, compressors, drilling rigs, vehicles and other ancillary drilling equipment under cancelable and non-cancelable leases to support our operations. The following tables reflect the current period impact of our adoption of the new leases standard. As we have no leases that meet the criteria for classification as a finance lease, all information contained herein represents our operating leases.
The components of our total lease cost were as follows:
Supplemental balance sheet information related to our operating leases is included in the table below:
As of March 31, 2019, our weighted average remaining lease term and our weighted average discount rate for our operating leases were 1.6 years and 4.02%, respectively.
Our operating lease liabilities with enforceable contract terms that are greater than one year mature as follows:
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