Asset Retirement Obligations (Tables)

9 Months Ended

Sep. 30, 2024

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligation

A reconciliation of our liability for plugging and abandonment costs for the nine months ended September 30, 2024 and the year ended December 31, 2023 is as follows (in thousands):

	Nine Months Ended September 30, 2024			Year Ended December 31, 2023
Beginning of period	$	117,429		$	109,851
Liabilities incurred		2,466			2,047
Liabilities settled		(4,619	)		(3,039	)
Accretion expense		5,382			6,000
Change in estimate		446			2,570
End of period		121,103			117,429
Less current portion		(2,395	)		(2,395	)
Long-term asset retirement obligations	$	118,708		$	115,034