| Schedule of Other Balance Sheet Information |
Other Balance Sheet information is as follows:
|
|
|
|
|
|
|
|
|
|
|
June 30,
2026 |
|
|
December 31,
2025 |
|
Prepaids and other current assets |
|
|
|
|
|
|
Prepaid insurance |
|
$ |
3,085 |
|
|
$ |
10,271 |
|
Prepaid expenses |
|
|
2,558 |
|
|
|
1,884 |
|
Debt issuance costs |
|
|
1,137 |
|
|
|
1,137 |
|
Other |
|
|
1,226 |
|
|
|
1,542 |
|
Total prepaids and other current assets |
|
$ |
8,006 |
|
|
$ |
14,834 |
|
|
|
|
|
|
|
|
Other assets |
|
|
|
|
|
|
Contractual customer relationships |
|
$ |
17,113 |
|
|
$ |
18,029 |
|
Operating lease right-of-use assets |
|
|
6,142 |
|
|
|
6,537 |
|
Debt issuance costs |
|
|
3,685 |
|
|
|
4,253 |
|
Non-current prepaid expenses |
|
|
2,887 |
|
|
|
2,703 |
|
Other |
|
|
1,589 |
|
|
|
1,197 |
|
Total other assets |
|
$ |
31,416 |
|
|
$ |
32,719 |
|
|
|
|
|
|
|
|
Accounts payable |
|
|
|
|
|
|
Trade payable |
|
$ |
37,996 |
|
|
$ |
26,304 |
|
Working interest and royalty payable |
|
|
10,580 |
|
|
|
10,565 |
|
Other |
|
|
2,653 |
|
|
|
1,863 |
|
Total accounts payable |
|
$ |
51,229 |
|
|
$ |
38,732 |
|
|
|
|
|
|
|
|
Accrued liabilities |
|
|
|
|
|
|
Accrued operating and capital expenses |
|
$ |
58,961 |
|
|
$ |
77,066 |
|
Accrued interest |
|
|
20,276 |
|
|
|
21,977 |
|
Accrued payroll |
|
|
11,765 |
|
|
|
19,391 |
|
Accrued property taxes |
|
|
4,334 |
|
|
|
6,000 |
|
Other |
|
|
5,352 |
|
|
|
5,176 |
|
Total accrued liabilities |
|
$ |
100,688 |
|
|
$ |
129,610 |
|
|
|
|
|
|
|
|
Other long-term liabilities |
|
|
|
|
|
|
Asset retirement obligation liability |
|
$ |
18,658 |
|
|
$ |
16,464 |
|
Operating lease liability |
|
|
5,360 |
|
|
|
5,774 |
|
Contract liabilities |
|
|
5,092 |
|
|
|
5,387 |
|
Finance lease liability |
|
|
1,301 |
|
|
|
1,627 |
|
Other |
|
|
721 |
|
|
|
1,007 |
|
Total other long-term liabilities |
|
$ |
31,132 |
|
|
$ |
30,259 |
|
As of June 30, 2026 and December 31, 2025, we had allowance for doubtful accounts of $3.0 million and $4.6 million, respectively.
|
| Schedule of Other Statements of Operations Information |
Other Statements of Operations information is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended
June 30, |
|
|
Six Months Ended
June 30, |
|
|
|
2026 |
|
|
2025 |
|
|
2026 |
|
|
2025 |
|
Produced water handling revenues |
|
$ |
177,590 |
|
|
$ |
80,491 |
|
|
$ |
342,495 |
|
|
$ |
157,862 |
|
Skim oil revenues |
|
|
20,041 |
|
|
|
8,667 |
|
|
|
37,073 |
|
|
|
16,359 |
|
Total produced water handling revenues |
|
$ |
197,631 |
|
|
$ |
89,158 |
|
|
$ |
379,568 |
|
|
$ |
174,221 |
|
|
| Schedule of Supplemental Cash Flow Information |
Supplemental cash flow information is as follows:
|
|
|
|
|
|
|
|
|
|
|
Six Months Ended June 30, |
|
|
|
2026 |
|
|
2025 |
|
Supplemental cash flow information: |
|
|
|
|
|
|
Cash paid for interest |
|
$ |
50,179 |
|
|
$ |
21,268 |
|
Cash (refunded) paid for income taxes, net |
|
$ |
(43 |
) |
|
$ |
260 |
|
|
|
|
|
|
|
|
Non-cash investing and financing activities: |
|
|
|
|
|
|
Capital expenditures in accounts payable and accrued liabilities |
|
$ |
66,242 |
|
|
$ |
73,167 |
|
Asset financing |
|
$ |
4,419 |
|
|
$ |
- |
|
Right-of-use assets obtained in exchange for finance lease liabilities |
|
$ |
499 |
|
|
$ |
253 |
|
Asset retirement obligation additions |
|
$ |
1,575 |
|
|
$ |
650 |
|
|