v3.25.2
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 13,777 $ 105,776
Short-term derivative assets 16,537 14,069
Inventories 25,842 24,301
Other current assets 6,148 6,399
Total current assets 209,178 322,096
Oil and natural gas properties, using the full cost method:    
Proved oil and natural gas properties 2,621,011 2,419,998
Less: accumulated depreciation, depletion and amortization (641,942) (520,641)
Oil and natural gas properties, net 1,979,069 1,899,357
Other property and equipment    
Other property, plant and equipment 125,461 115,475
Less: accumulated depreciation (28,694) (23,710)
Other property, plant and equipment, net 96,767 91,765
Long-term derivative assets 3,241 640
Other assets 30,363 9,487
Operating lease assets 15,547 14,869
Total assets 2,334,165 2,338,214
Current liabilities:    
Accrued liabilities 64,094 53,500
Revenue payable 141,204 150,165
Short-term derivative liabilities 5,439 6,233
Current portion of long-term debt 0 82,500
Current portion of operating lease liabilities 5,268 5,587
Total current liabilities 266,341 352,421
Long-term debt 565,000 668,778
Asset retirement obligations 110,189 101,858
Long-term derivative liabilities 4,524 4,873
Long-term portion of operating leases 10,320 9,302
Other long-term liabilities 2,096 1,936
Total long-term liabilities 692,129 786,747
Commitments and contingencies (Note 10)
Partners’ capital:    
Partners’ capital 1,375,695 1,199,046
Total liabilities and partners’ capital 2,334,165 2,338,214
Related Party    
Current assets:    
Accounts receivable 37,836 38,606
Current liabilities:    
Accounts payable 1,828 1,996
Nonrelated Party    
Current assets:    
Accounts receivable 109,038 132,945
Current liabilities:    
Accounts payable $ 48,508 $ 52,440