Property and Equipment (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2025 |
Jun. 30, 2024 |
Jun. 30, 2025 |
Jun. 30, 2024 |
Dec. 31, 2024 |
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Oil and gas properties: | |||||
Proved properties | $ 8,451,902 | $ 8,451,902 | $ 8,342,353 | ||
Unproved properties | 419,541 | 419,541 | 386,292 | ||
Total oil and gas properties | 8,871,443 | 8,871,443 | 8,728,645 | ||
Accumulated depletion | (4,516,773) | (4,516,773) | (4,288,215) | ||
Oil and gas properties, net | 4,354,670 | 4,354,670 | 4,440,430 | ||
Other property | 66,674 | 66,674 | 66,675 | ||
Accumulated depreciation | (63,532) | (63,532) | (62,884) | ||
Other property, net | 3,142 | 3,142 | 3,791 | ||
Property and equipment, net | 4,357,812 | $ 4,558,313 | 4,357,812 | $ 4,558,313 | $ 4,444,221 |
Depletion expense | $ 141,700 | $ 81,100 | $ 253,100 | $ 173,300 |
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- Definition The noncash expense charged against earnings to recognize the consumption of oil and gas reserves that are part of an entities' assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of accumulated depreciation, depletion, and amortization of oil and gas property accounted for under successful efforts method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before accumulated depreciation, depletion, amortization, and impairment, of oil and gas properties accounted for under successful efforts method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after accumulated depreciation, depletion, amortization, and impairment, of oil and gas properties accounted for under successful efforts method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before accumulated depreciation, depletion and amortization of other physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of accumulated depreciation of long-lived, physical assets used to produce goods and services and not intended for resale, classified as other. No definition available.
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- Definition Amount after depreciation of long-lived, physical assets used to produce goods and services and not intended for resale, classified as other. No definition available.
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- Definition Amount, before accumulated depreciation, depletion, amortization, and impairment, of oil and gas properties with proved reserve accounted for under successful efforts method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, before accumulated depreciation, depletion, amortization, and impairment, of oil and gas properties with unproved reserve accounted for under successful efforts method. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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