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Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2025
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of changes in Company's asset retirement obligations
The following table summarizes the changes in the Company’s asset retirement obligations for the years ended
December 31, 2025 and 2024 (in thousands).
 
Year Ended December 31,
20252024
Beginning asset retirement obligations$122,668 $92,090 
Liabilities incurred during period10,190 7,538 
Liabilities settled during period(1,674)(1,188)
Revisions in estimated cash flows17,141 16,351 
Acquisitions during the period— 7,487 
Divestitures during the period(5,799)(5,637)
Accretion expense7,846 6,027 
Ending asset retirement obligations150,372 122,668 
Less: current asset retirement obligations(1)
(6,309)(8,431)
Long-term asset retirement obligations$144,063 $114,237 
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(1)Included in “Accrued liabilities” in the Company’s consolidated balance sheets at December 31, 2025 and 2024.