v3.26.1
Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2026
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligations
The following table summarizes changes in the Company’s asset retirement obligations (“ARO”) associated with its working interests in oil and gas properties for the six months ended June 30, 2026:
(in thousands)
Asset retirement obligations, beginning of period
$189,350 
Liabilities incurred
7,343 
Liabilities acquired1,320 
Liabilities divested and settled
(3,040)
Accretion expense
6,412 
Asset retirement obligations, end of period
201,385 
Less current portion(1)
(25,776)
Asset retirement obligations - long-term, end of period$175,609 
(1) The current portion of ARO is included within Other current liabilities in the consolidated balance sheets.