v3.26.1
Supplemental Disclosures to the Unaudited Condensed Consolidated Balance Sheets and Unaudited Condensed Consolidated Statements of Cash Flows (Tables)
3 Months Ended
Mar. 31, 2026
Supplemental Disclosures to the Unaudited Condensed Consolidated Balance Sheets and Unaudited Condensed Consolidated Statements of Cash Flows  
Summary of Current Accrued Liabilities

Current accrued liabilities consisted of the following at the dates indicated (in thousands):

  ​ ​ ​

March 31, 

December 31, 

2026

2025

Accrued capital expenditures

$

7,053

$

5,335

Accrued lease operating expense

6,363

9,893

Accrued general and administrative expense

 

3,873

 

7,616

Accrued production and ad valorem tax

 

1,967

 

2,085

Operating lease liability

1,064

1,184

Asset retirement obligations

 

420

 

300

Accrued severance expense

6,306

Accrued commitment fee and other expense(1)

 

(64)

 

1,799

Other

 

8

 

Accrued liabilities

$

20,684

$

34,518

(1)

Accrued commitment fee and other expense at March 31, 2026 included post-divestiture accrual true-ups related to the Company’s East Texas and Oklahoma assets divestitures that were completed during the fourth quarter of 2025.

Summary of Accounts Receivable

Accounts receivable consisted of the following at the dates indicated (in thousands):

  ​ ​ ​

March 31, 

December 31, 

2026

2025

Oil and natural gas receivables

$

9,009

$

23,010

Other accounts receivable

13,768

10,048

Total accounts receivable

 

22,777

 

33,058

Less: allowance for credit losses

 

(2,917)

 

(2,917)

Total accounts receivable, net

$

19,860

$

30,141

Summary of Supplemental Cash Flows

Supplemental cash flows for the periods presented (in thousands):

  ​ ​ ​

For the Three Months Ended

March 31, 

2026

2025

Supplemental cash flows:

  ​

  ​

Cash paid for interest, net of amounts capitalized

$

$

2,291

Supplemental non-cash activity:

 

 

 

Increase (decrease) in capital expenditures included in accrued liabilities

 

 

1,719

 

6,167