v3.25.4
Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2025
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Reconciliation of Beginning and Ending Aggregate Carrying Amounts of Asset Retirement Obligations
The following table presents the balance and activity of the Company’s asset retirement obligations (in thousands):
Year Ended December 31,
202520242023
Beginning balance$68,580 $64,404 $63,709 
Liability incurred upon acquiring and drilling wells57 353 113 
Revisions in estimated cash flows (1)29 31 (939)
Liability settled or disposed in current period (1,377)(889)(2,927)
Accretion (2)5,102 4,681 4,448 
Ending balance72,391 68,580 64,404 
Less: current portion8,098 9,131 9,851 
Asset retirement obligations, net of current$64,293 $59,449 $54,553 
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(1)    Revisions for the year ended December 31, 2023 relate primarily to changes in working interest and estimated well lives.
(2)    Included on the Depreciation and depletion - oil and natural gas line item on the Consolidated Statements of Operations.