v3.25.2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following (in thousands):
June 30, 2025December 31, 2024
Revenue payable and suspense$138,545 $139,703 
Accounts payable58,998 34,668 
Accrued capital expenditures47,312 20,229 
Accrued transportation, gathering, processing and compression36,280 36,170 
Other accrued liabilities54,496 67,311 
Total accounts payable and accrued liabilities$335,631 $298,081 
Schedule of Supplemental Cash and Non Cash Information
Supplemental Cash Flow and Non-Cash Information (in thousands)
Six Months Ended June 30, 2025Six Months Ended June 30, 2024
Supplemental disclosure of cash flow information:
Interest payments, net of amounts capitalized$23,191 $28,263 
Income taxes paid$2,400 $— 
Changes in operating assets and liabilities, net:
Accounts receivable - oil, natural gas, and natural gas liquid sales$27,328 $28,133 
Accounts receivable - joint interest and other(3,021)1,011 
Accounts payable and accrued liabilities(17,329)(37,017)
Prepaid expenses(3,060)(649)
Other assets(41)31 
Total changes in operating assets and liabilities, net$3,877 $(8,491)
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation$3,105 $2,830 
Asset retirement obligation capitalized222 375 
Asset retirement obligation removed due to settlements(1,030)— 
Release of common stock held in reserve— 1,996