v3.26.3
Asset Retirement Obligations
9 Months Ended
Sep. 30, 2026
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations

(6) ASSET RETIREMENT OBLIGATIONS

Activity related to our liability for plugging and abandonment costs for the nine months ended September 30, 2026 and the year ended December 31, 2025 is as follows (in thousands):

 

 

Nine Months Ended
September 30, 2026

 

 

Year Ended
December 31, 2025

 

Beginning of period

$

148,952

 

 

$

133,767

 

Liabilities incurred

 

2,229

 

 

 

3,778

 

Liabilities settled

 

(510

)

 

 

(865

)

Accretion expense

 

6,353

 

 

 

7,683

 

Change in estimate

 

—

 

 

 

4,589

 

End of period

 

157,024

 

 

 

148,952

 

Less current portion

 

(1,173

)

 

 

(1,173

)

Long-term asset retirement obligations

$

155,851

 

 

$

147,779