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v3.26.1

Accounting Policies (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2026
Accounting Policies [Abstract] |
Schedule of Cash and Cash Equivalents | Cash, Cash Equivalents and Restricted Cash
| June 30, 2026 |  | December 31, 2025
| (In thousands)
Cash and cash equivalents | $ | 102,137 |  |  | $ | 91,518 |
Restricted cash - current | 23,505 |  |  | — |
Restricted cash - long-term | 30,589 |  |  | 26,226 |
Total cash, cash equivalents and restricted cash in the consolidated statements of cash flows | $ | 156,231 |  |  | $ | 117,744 |
Schedule of Oil and Gas Revenue | Oil and gas revenue is composed of the following:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
| (In thousands)
Revenues from contracts with customers: |  |  |  |  |  |  |
Ghana | $ | 365,880 |  |  | $ | 212,880 |  |  | $ | 616,032 |  |  | $ | 365,685 |
Equatorial Guinea | 47,464 |  |  | 63,196 |  |  | 71,951 |  |  | 96,878 |
Mauritania|Senegal | 93,596 |  |  | 20,239 |  |  | 145,862 |  |  | 22,936 |
Gulf of America | 111,439 |  |  | 103,100 |  |  | 206,241 |  |  | 204,878 |
Total revenues from contracts with customers | 618,379 |  |  | 399,415 |  |  | 1,040,086 |  |  | 690,377 |
Provisional sales contracts | (11,126) |  |  | (6,780) |  |  | (62,105) |  |  | (7,607) |
Oil and gas revenue | $ | 607,253 |  |  | $ | 392,635 |  |  | $ | 977,981 |  |  | $ | 682,770 |
Schedule of Consolidated Oil and Gas Revenue | Customers in our Gulf of America and Mauritania | Senegal business units that comprise 10% or more of our total consolidated oil and gas revenue for the three and six months ended June 30, 2026 and 2025, are shown below.
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
| (Percentage)
Customer |  |  |  |  |  |  |
BP plc | 77 | % |  | 18 | % |  | 62 | % |  | 19 | %
Shell Trading (US) Company | 18 | % |  | 4 | % |  | 20 | % |  | 5 | %

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