v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 41,187 $ 42,633
Short-term derivative assets 976 42,506
Inventories 42,373 43,511
Other current assets 16,825 18,886
Total current assets 316,660 377,952
Oil and natural gas properties, using the full cost method:    
Proved oil and natural gas properties 4,166,040 4,017,896
Less: accumulated depreciation, depletion and amortization (1,055,045) (879,253)
Oil and natural gas properties, net 3,110,995 3,138,643
Other property and equipment    
Other property, plant and equipment 239,833 230,265
Less: accumulated depreciation (43,864) (35,511)
Other property, plant and equipment, net 195,969 194,754
Long-term derivative assets 227 12,492
Other assets 30,119 34,001
Operating lease assets 21,282 19,466
Total assets 3,675,252 3,777,308
Current liabilities:    
Accrued liabilities 92,962 115,565
Revenue payable 172,542 167,829
Short-term derivative liabilities 5,435 0
Current portion of operating lease liabilities 8,857 6,906
Total current liabilities 361,730 359,921
Long-term debt 1,169,989 1,144,056
Asset retirement obligations 273,719 261,856
Long-term derivative liabilities 5,812 2,962
Long-term portion of operating leases 12,530 12,645
Other long-term liabilities 7,731 6,479
Total long-term liabilities 1,469,781 1,427,998
Commitments and contingencies (Note 10)
Partners’ capital:    
Partners’ capital 1,843,741 1,989,389
Total liabilities and partners’ capital 3,675,252 3,777,308
Related Party    
Current assets:    
Accounts receivable 58,272 70,167
Current liabilities:    
Accounts payable 212 915
Nonrelated Party    
Current assets:    
Accounts receivable 157,027 160,249
Current liabilities:    
Accounts payable $ 81,722 $ 68,706