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Decommissioning Liabilities
6 Months Ended
Jun. 30, 2024
Asset Retirement Obligation Disclosure [Abstract]  
Decommissioning Liability

(4) Decommissioning Liability

 

The following table summarizes our net decommissioning liability:

 

 

 

June 30, 2024

 

 

December 31, 2023

 

 Wells

 

$

98,959

 

 

$

96,603

 

 Platform

 

 

75,810

 

 

 

73,680

 

 Total decommissioning liability

 

 

174,769

 

 

 

170,283

 

 Note receivable

 

 

(71,443

)

 

 

(69,005

)

 Total decommissioning liability, net of note receivable

 

$

103,326

 

 

$

101,278

 

 

The following table presents accretion expense (in millions):

 

 

 

For the Three Months Ended

 

 

For the Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Accretion expense

 

$

2.6

 

 

$

2.4

 

 

$

5.1

 

 

$

4.7