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Asset Retirement Obligations (Tables)
12 Months Ended
Dec. 31, 2024
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations The following is a reconciliation of our liability for plugging and abandonment costs as of December 31, 2024 and 2023 (in thousands):

 

Year Ended December 31,

 

 

2024

 

 

2023

 

Beginning of period

$

117,429

 

 

$

109,851

 

Liabilities incurred

 

3,871

 

 

 

2,047

 

Liabilities settled

 

(4,655

)

 

 

(3,039

)

Accretion expense

 

7,148

 

 

 

6,000

 

Change in estimate

 

9,974

 

 

 

2,570

 

End of period

 

133,767

 

 

 

117,429

 

Less current portion

 

(1,189

)

 

 

(2,395

)

Long-term asset retirement obligations

$

132,578

 

 

$

115,034