v3.26.1
Note 3 - Additional Balance Sheet Information
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Supplemental Balance Sheet Disclosures [Text Block]

(3) Additional Balance Sheet Information

 

Certain balance sheet amounts are comprised of the following:  

 

(Thousands of dollars)

 

June 30,
2026

   

December 31,
2025

 

Accounts Receivable:

               

Joint interest billing

  $ 1,717     $ 1,576  

Trade receivables

    970       693  

Oil and gas sales

    14,775       17,595  

Other

    27       106  

Less: Allowance for credit losses

    (558 )     (558 )

Total

  $ 16,931     $ 19,412  

Accounts Payable:

               

Trade

  $ 1,962     $ 6,531  

Royalty and other owners

    4,671       4,113  

Partner advances

    311       311  

Other

    516       24  

Total

  $ 7,460     $ 10,979  

Accrued Liabilities:

               

Compensation and related expenses

  $ 1,213     $ 10,708  

Property costs

    5,985       6,852  

Taxes

    11,405       4,564  

Lease operating costs

    4,144       3,492  

Other

    720       553  

Total

  $ 23,467     $ 26,169