Asset Retirement Obligation |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Asset Retirement Obligation Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Asset Retirement Obligation | Note 8 – Asset Retirement Obligation
The following table presents the changes in the Company’s asset retirement obligations for the periods presented:
As of June 30, 2025, the asset retirement obligations liabilities assumed in acquisitions fully relate to the Bayswater Acquisition. Refer to Note 3 – Acquisitions for a discussion of the Bayswater Acquisition. As of June 30, 2025, the asset retirement obligations liabilities incurred through development activities fully relate to the wells which came online in February 2025.
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