v3.25.4
Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2025
Asset Retirement Obligations  
Schedule of reconciliation of asset retirement obligations

The following table presents a reconciliation of the Company’s asset retirement obligations (in thousands):

Year Ended December 31,

2024

2025

Beginning balance

  ​ ​

$

59,214

  ​ ​

62,001

Obligations incurred

 

991

697

Accretion expense

3,759

3,892

Settlement of obligations

(3,571)

(270)

Obligations on sold properties

(1,587)

Revisions to prior estimates

3,195

6,398

Liabilities classified as held for sale

(15,579)

Ending balance

$

62,001

57,139