Asset Retirement Obligations (Tables)

12 Months Ended

Dec. 31, 2024

Asset Retirement Obligations

Schedule of changes in the asset retirement obligations

The following table presents the changes in the asset retirement obligations for the years ended December 31, 2024 and 2023 (in thousands):

	For the Year Ended
	December 31,
	2024		2023
Asset retirement obligations at beginning of period	$	123,494	$	116,438
Liabilities added from acquisition or drilling		1		5
Liabilities settled		(1,170)		(1,236)
Accretion expense		8,438		7,951
Revision of estimates		314		336
Asset retirement obligation at end of period		131,077		123,494
Less: Current portion		1,377		1,493
Asset retirement obligations - long-term portion	$	129,700	$	122,001