v3.25.4
Leases (Table)
12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of Components of Lease Costs
The components of lease costs recognized for the Company's right-of-use leases are shown below (in thousands):
Year Ended December 31,
202520242023
Short-term lease cost (1)$2,303 $1,815 $3,139 
Financing lease cost861 904 874 
Operating lease cost161 167 167 
Total lease cost$3,325 $2,886 $4,180 
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(1)During the year ended December 31, 2025, there were $8.0 million in short-term lease costs capitalized associated with our drilling rig lease. During the years ended December 31, 2024, there were no short-term lease costs capitalized associated with drilling rig leases. During the year ended December 31, 2023, there were $1.6 million in short-term lease costs capitalized associated with our drilling rig lease. Portions of these costs were reimbursed to the Company by other working interest owners.