Asset Retirement Obligations

3 Months Ended

Mar. 31, 2026

Asset Retirement Obligation Disclosure [Abstract]

Our ARO liabilities are based on our net ownership in wells and facilities and management’s estimate of the costs to abandon and remediate those wells and facilities together with management’s estimate of the future timing of the costs to be incurred. The following table summarizes activity related to our ARO liabilities for the three months ended March 31, 2026:


	As of March 31, 2026
	(in thousands)
Balance at beginning of period	$	402,601

Additions	723
Retirements	(4,227)
Divestitures	(32)

Accretion expense	7,483
Balance at end of period	406,548
Less: current portion	(27,758)
Balance at end of period, noncurrent portion	$	378,790