| Schedule of Property and Equipment |
Property and equipment is stated at cost and consisted of the following: | | | | | | | | | | | | | September 30,
2026 | | December 31,
2025 | | (In thousands) | | Oil and gas properties: | | | | | Proved properties | $ | 7,834,387 | | | $ | 8,301,679 | | | Unproved properties | 204,310 | | | 210,161 | | | Total oil and gas properties | 8,038,697 | | | 8,511,840 | | | Accumulated depletion | (4,731,377) | | | (4,780,826) | | Oil and gas properties, net | 3,307,320 | | | 3,731,014 | | | | | | | Other property | 69,276 | | | 68,255 | | | Accumulated depreciation | (67,134) | | | (65,485) | | | Other property, net | 2,142 | | | 2,770 | | | | | | | Property and equipment, net | $ | 3,309,462 | | | $ | 3,733,784 | |
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