Asset Retirement Obligations (Tables)

6 Months Ended

Jun. 30, 2025

Asset Retirement Obligation Disclosure [Abstract]

Schedule of Change in Asset Retirement Obligations

The following table summarizes activity related to our ARO liabilities for the six months ended June 30, 2025:

	As of June 30, 2025
	(in thousands)
Balance at beginning of period	$	486,168
Additions (1)	24,940
Retirements	(2,174)
Sale	(20,269)
Accretion expense	17,574
Balance at end of period	506,239
Less: current portion	(26,538)
Balance at end of period, noncurrent portion	$	479,701

(1)     For the six months ended June 30, 2025, our ARO additions primarily related to oil and natural gas properties acquired in the Ridgemar Acquisition. See NOTE 3 – Acquisitions and Divestitures for additional information.