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Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2024
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligation A reconciliation of our liability for plugging and abandonment costs for the six months ended June 30, 2024 and the year ended December 31, 2023 is as follows (in thousands):

 

 

 

Six Months Ended
June 30, 2024

 

 

Year Ended
December 31, 2023

 

Beginning of period

$

117,429

 

 

$

109,851

 

Liabilities incurred

 

1,836

 

 

 

2,047

 

Liabilities settled

 

(3,546

)

 

 

(3,039

)

Accretion expense

 

3,238

 

 

 

6,000

 

Change in estimate

 

550

 

 

 

2,570

 

End of period

 

119,507

 

 

 

117,429

 

Less current portion

 

(2,395

)

 

 

(2,395

)

Long-term asset retirement obligations

$

117,112

 

 

$

115,034