XML 68 R17.htm IDEA: XBRL DOCUMENT v3.25.0.1
Asset Retirement Obligations
 12 Months Ended
Dec. 31, 2024
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations Asset Retirement Obligations
The following table presents the balance and activity of the Company’s asset retirement obligations (in thousands):
Year Ended December 31,
202420232022
Beginning balance$64,404 $63,709 $59,368 
Liability incurred upon acquiring and drilling wells353 113 86 
Revisions in estimated cash flows (1)31 (939)2,656 
Liability settled or disposed in current period (889)(2,927)(2,296)
Accretion (2)4,681 4,448 3,895 
Ending balance68,580 64,404 63,709 
Less: current portion9,131 9,851 16,074 
Asset retirement obligations, net of current$59,449 $54,553 $47,635 
____________________
(1)    Revisions for the years ended December 31, 2023 and 2022 relate primarily to changes in working interest and estimated well lives.
(2)    Included on the Depreciation and depletion - oil and natural gas line item on the Consolidated Statements of Operations.