v3.26.1
Additional Financial Information
6 Months Ended
Jun. 30, 2026
Additional Financial Information [Abstract]  
Additional Financial Information Additional Financial Information
 
Accrued Liabilities
 
Accrued liabilities consisted of the following: 
June 30,
2026
December 31,
2025
(In thousands)
Accrued liabilities:
Exploration, development and production$43,793 $57,007 
Revenue payable
18,862 69,273 
Current asset retirement obligations
9,767 10,481 
Finance lease liability
73,203 — 
General and administrative expenses23,460 4,916 
Interest91,427 67,830 
Income taxes51,596 16,050 
Taxes other than income2,209 1,305 
Derivatives14,921 125 
Other14,641 10,622 
 Total
$343,879 $237,609 

Asset Retirement Obligations
 
The following table summarizes the changes in the Company's asset retirement obligations as of and during the six months ended June 30, 2026:
June 30,
2026
(In thousands)
Asset retirement obligations:
Beginning asset retirement obligations$337,497 
Liabilities incurred during period3,051 
Liabilities settled during period(143,166)
Revisions in estimated retirement obligations242 
Accretion expense15,587 
Ending asset retirement obligations $213,211 

The liabilities settled during 2026 primarily relate to the sale of the Ceiba and Okume Complex production assets located in Block G offshore Equatorial Guinea in June 2026. See Note 3 - Acquisitions and Divestitures.