VAALCO Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Crude Oil, Natural Gas and NGLs Properties and Equipment (Tables)

9 Months Ended

Sep. 30, 2023

	*As of September 30, 2023*			*As of December 31, 2022*
	*(in thousands)*
Crude oil, natural gas and NGLs properties and equipment - successful efforts method:
Wells, platforms and other production facilities	$	1,463,395		$	1,406,888
Work-in-progress		—			—
Undeveloped acreage		54,443			56,251
Equipment and other		44,358			38,796
		1,562,196			1,501,935
Accumulated depreciation, depletion, amortization and impairment		(1,094,319	)		(1,006,663	)
Net crude oil, natural gas and NGLs properties, equipment and other	$	467,877		$	495,272