Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment

Property and equipment is stated at cost and consisted of the following:


			March 31, 2026						December 31, 2025
			(In thousands)
Oil and gas properties:
Proved properties(1)			$	7,665,886					$	8,301,679
Unproved properties			212,030						210,161
Total oil and gas properties			7,877,916						8,511,840
Accumulated depletion			(4,512,941)						(4,780,826)
Oil and gas properties, net			3,364,975						3,731,014

Other property			68,299						68,255
Accumulated depreciation			(65,785)						(65,485)
Other property, net			2,514						2,770

Property and equipment, net			$	3,367,489					$	3,733,784

(1) As of March 31, 2026, proved properties includes $85.4 million of the TEN FPSO finance lease, see Note 7 - Leases.