Restricted Investments

12 Months Ended

Dec. 31, 2024

Restricted Investments.

Restricted Investments

Note 8. Restricted Investments

Various restricted investment accounts fund certain long-term contractual and asset retirement obligations and collateralize certain regulatory bonds associated with the offshore Beta oil and gas properties. The components of the restricted investment balances are as follows:

	December 31,
	2024		2023
	(In thousands)
BOEM platform abandonment (See Note 18)	$	25,448	$	15,509
SPBPC Collateral:
Contractual pipeline and surface facilities abandonment		4,545		4,426
Restricted investments	$	29,993	$	19,935