v3.25.2
Property, Plant and Equipment (Tables)
 6 Months Ended
Jun. 30, 2025
Property, Plant and Equipment [Abstract]  
Schedule of Net Changes in Capitalized Exploratory Well Costs The following table reflects the net changes in capitalized exploratory well costs during the six-month periods ended June 30, 2025 and 2024.
(Thousands of dollars)20252024
Beginning balance at January 1$72,055 $49,118 
  Additions pending the determination of proved reserves38,469 20,391 
  Capitalized exploratory well costs charged to expense— (26,471)
Balance at June 30$110,524 $43,038 
Schedule of Aging of Capitalized Exploratory Well Costs
The following table provides an aging of capitalized exploration well costs based on the date the drilling was completed for each individual well.
June 30,
20252024
(Thousands of dollars)AmountNo. of WellsAmountNo. of Wells
Aging of capitalized well costs:
Zero to one year$16,002 5 $20,545 3 
One to two years72,004 3 — — 
Two to three years— — — — 
Three years or more22,518 3 22,493 3 
$110,524 11 $43,038 6