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Asset Retirement Obligations
3 Months Ended
Mar. 31, 2024
Asset Retirement Obligation Disclosure [Abstract]  
Asset Retirement Obligations Asset Retirement Obligations
The following table reflects the changes in the Company’s ARO during the three months ended March 31, 2024 (in thousands):
Balance at December 31, 2023$165,546 
Liabilities incurred during period973 
Liabilities settled during period1,317 
Accretion expense during period
2,913 
Balance at March 31, 2024
$170,749 
Accretion expense is included in depreciation, depletion and amortization on the Company’s Condensed Consolidated Statements of Operations. At March 31, 2024, the current portion of the total ARO balance was $15.1 million and is included in accrued liabilities on the Company’s Condensed Consolidated Balance Sheet.