Asset Retirement Obligations

6 Months Ended

Jun. 30, 2026

Asset Retirement Obligation Disclosure [Abstract]

(6) ASSET RETIREMENT OBLIGATIONS

Activity related to our liability for plugging and abandonment costs for the six months ended June 30, 2026 and the year ended December 31, 2025 is as follows (in thousands):


	Six Months Ended June 30, 2026			Year Ended December 31, 2025
Beginning of period	$	148,952		$	133,767
Liabilities incurred		1,599			3,778
Liabilities settled		(71	)		(865	)
Accretion expense		4,196			7,683
Change in estimate		—			4,589
End of period		154,676			148,952
Less current portion		(1,173	)		(1,173	)
Long-term asset retirement obligations	$	153,503		$	147,779