Asset Retirement Obligations (Tables)

3 Months Ended

Mar. 31, 2025

Asset Retirement Obligation Disclosure [Abstract]

Asset Retirement Obligations

Activity related to our liability for plugging and abandonment costs for the three months ended March 31, 2025 and the year ended December 31, 2024 is as follows (in thousands):

	Three Months Ended March 31, 2025			Year Ended December 31, 2024
Beginning of period	$	133,767		$	117,429
Liabilities incurred		1,474			3,871
Liabilities settled		(10	)		(4,655	)
Accretion expense		1,854			7,148
Change in estimate		—			9,974
End of period		137,085			133,767
Less current portion		(1,189	)		(1,189	)
Long-term asset retirement obligations	$	135,896		$	132,578