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Note 8 - Asset Retirement Obligations - Asset Retirement Obligations Activity (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Beginning asset retirement obligations $ 7,502 $ 4,260 $ 2,293
Liabilities incurred from new wells 445 573 980
Liabilities assumed in acquisitions 2,638 3,219 981
Liabilities divested (81) 0 (6)
Dispositions 0 0 (25)
Revision of estimates (a) [1] 2,219 (920) (130)
Accretion of discount 522 370 167
Ending asset retirement obligations $ 13,245 $ 7,502 $ 4,260
[1] The revisions to the Company’s asset retirement obligation estimates are primarily due to changes in the ultimate expected useful lives of the properties.