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Revenue from Contracts with Customers (Tables) | 3 Months Ended
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Mar. 31, 2026
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The Company’s revenues and other income for the three-month periods ended March 31, 2026 and 2025 were as follows.
|  |  |  | Three Months Ended March 31,
(Thousands of dollars) |  |  |  |  |  | 2026 |  | 2025
Net crude oil and condensate revenue |  |  |  |  |  |  |
United States - Onshore |  |  |  |  | $ | 188,348 |  |  | $ | 109,458 |
United States - Offshore 1 |  |  |  |  | 333,441 |  |  | 352,362 |
Canada - Onshore |  |  |  |  | 17,391 |  |  | 14,730 |
Canada - Offshore |  |  |  |  | 53,336 |  |  | 74,469 |
Other |  |  |  |  | 2,909 |  |  | — |
Total crude oil and condensate revenue |  |  |  |  | 595,425 |  |  | 551,019 |
Net natural gas liquids revenue |  |  |  |  |  |  |
United States - Onshore |  |  |  |  | 9,275 |  |  | 8,487 |
United States - Offshore 1 |  |  |  |  | 6,363 |  |  | 9,249 |
Canada - Onshore |  |  |  |  | 1,318 |  |  | 1,747 |
Total natural gas liquids revenue |  |  |  |  | 16,956 |  |  | 19,483 |
Net natural gas revenue |  |  |  |  |  |  |
United States - Onshore |  |  |  |  | 11,128 |  |  | 7,967 |
United States - Offshore 1 |  |  |  |  | 26,150 |  |  | 19,941 |
Canada - Onshore |  |  |  |  | 82,695 |  |  | 74,320 |
Total natural gas revenue |  |  |  |  | 119,973 |  |  | 102,228 |
Total revenue from sales to customers |  |  |  |  | 732,354 |  |  | 672,730 |
Gain (loss) on derivative instruments |  |  |  |  | — |  |  | (9,459) |
Gain on sale of assets and other operating income |  |  |  |  | 1,198 |  |  | 2,440 |
Total revenues and other income |  |  |  |  | $ | 733,552 |  |  | $ | 665,711 |
1 Includes revenue attributable to the noncontrolling interest in MP GOM.
Schedule of Current Long-Term Contracts Outstanding | As of March 31, 2026, the Company had the following sales contracts in place which are expected to generate revenue from sales to customers for a period over 12 months starting at the inception of the contract:
Location |  | Commodity |  | End Date |  | Description |  | Approximate Volumes
U.S. |  | Natural Gas and NGLs |  | Q1 2031 |  | Deliveries from dedicated acreage in Eagle Ford Shale |  | As produced
Canada |  | Natural Gas |  | Q4 2026 |  | Contracts to sell natural gas at USD index pricing |  | 49 MMCF/D
Canada |  | Natural Gas |  | Q4 2027 |  | Contracts to sell natural gas at USD index pricing |  | 30 MMCF/D
Canada |  | Natural Gas |  | Q4 2028 |  | Contracts to sell natural gas at USD index pricing |  | 10 MMCF/D
Canada |  | Natural Gas |  | Q4 2029 |  | Contracts to sell natural gas at USD index pricing |  | 25 MMCF/D
Canada |  | Natural Gas |  | Q4 2026 |  | Contracts to sell natural gas at CAD fixed pricing |  | 50 MMCF/D
Canada |  | Natural Gas |  | Q4 2027 |  | Contracts to sell natural gas at CAD fixed pricing |  | 9 MMCF/D
Canada |  | NGLs |  | Q4 2026 |  | Contracts to sell NGLs at CAD index pricing |  | As produced

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(1) -SubTopic 10 -Topic 606 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 + Details
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