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CRUDE OIL, NATURAL GAS AND NGLS PROPERTIES AND EQUIPMENT, NET (Tables)
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Schedule of Properties and Equipment
The Company’s crude oil, natural gas and NGLs properties and equipment is comprised of the following:
As of
June 30, 2026
As of
December 31, 2025
(in thousands)
Crude oil, natural gas and NGLs properties and equipment, net
Wells, platforms and other production facilities$1,301,580 $1,016,019 
Work-in-progress75,242 214,213 
Unproved properties49,084 52,079 
Capitalized equipment, spare parts and other109,745 84,471 
1,535,651 1,366,782 
Accumulated depreciation, depletion, amortization and impairment(825,998)(780,687)
Crude oil, natural gas and NGLs properties and equipment, net$709,653 $586,095