XML 31 R19.htm IDEA: XBRL DOCUMENT v3.23.3
Asset Retirement Obligations
 9 Months Ended
Sep. 30, 2023
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations Asset Retirement Obligations
The Company has asset retirement obligations associated with the future plugging and abandonment of oil and gas properties and related facilities. Revisions to the liability typically occur due to changes in the estimated abandonment costs, well economic lives, and the discount rate.
The following table summarizes the Company’s asset retirement obligation transactions recorded during the nine months ended September 30, 2023 (in thousands): 
 2023
Beginning asset retirement obligations$30,559 
Liabilities incurred222 
Liabilities settled(1,727)
Acquisitions1,844 
Accretion expense1,958 
Divestitures(843)
Revision of estimates612 
Ending asset retirement obligations$32,625