Equity Method Investments	6 Months Ended
Jun. 30, 2026
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	Note 6 — Equity Method Investments As of June 30, 2026 and December 31, 2025, the Company's ownership interest in TEM 7 was 20.0% and 50.1%, respectively, and the carrying amount of its investment was $44.7 million and $112.4 million, respectively. As of June 30, 2026 and December 31, 2025, the carrying amount of the investment includes a positive basis difference of $26.3 million and $66.0 million, respectively. TEM 7 is a variable interest entity and the Company's maximum exposure to loss as a result of its involvement with TEM 7 is the carrying amount of its investment. On March 25, 2026, the Company sold an additional 30.1% equity interest in TEM 7 to Zamajal, S.A. de C.V., a subsidiary of Grupo Carso, S.A.B. de C.V. (“Carso”), for $49.7 million in cash consideration with an additional $33.1 million payment contingent on first oil production from the Zama Field (the “Incremental Mexico Equity Sale”). The $20.4 million initial fair value of the contingent consideration related to the Incremental Mexico Equity Sale has been recognized as a long-term asset and included in “Other assets” as presented on the Condensed Consolidated Balance Sheets as of June 30, 2026. The Company recognized a $6.8 million gain on the Incremental Mexico Equity Sale, which is included in “Equity method investment income (expense)” on the Condensed Consolidated Statements of Operations. See Note 12 — Related Party Transactions for additional information on Carso. The Company will receive $83.0 million of contingent payments upon the Zama Field reaching first oil production. Of this amount, $49.9 million is associated with the initial TEM 7 equity sale that closed on September 27, 2023 as discussed in Note 3 – Acquisitions and Divestitures included in the accompanying Notes to Consolidated Financial Statements in the 2025 Annual Report and has not yet been recognized in the Company’s financial statements, and the remainder is associated with the Incremental Mexico Equity Sale.

Equity Method Investments

6 Months Ended

Jun. 30, 2026

Equity Method Investments and Joint Ventures [Abstract]

Note 6 — Equity Method Investments

As of June 30, 2026 and December 31, 2025, the Company's ownership interest in TEM 7 was 20.0% and 50.1%, respectively, and the carrying amount of its investment was $44.7 million and $112.4 million, respectively. As of June 30, 2026 and December 31, 2025, the carrying amount of the investment includes a positive basis difference of $26.3 million and $66.0 million, respectively. TEM 7 is a variable interest entity and the Company's maximum exposure to loss as a result of its involvement with TEM 7 is the carrying amount of its investment.

On March 25, 2026, the Company sold an additional 30.1% equity interest in TEM 7 to Zamajal, S.A. de C.V., a subsidiary of Grupo Carso, S.A.B. de C.V. (“Carso”), for $49.7 million in cash consideration with an additional $33.1 million payment contingent on first oil production from the Zama Field (the “Incremental Mexico Equity Sale”). The $20.4 million initial fair value of the contingent consideration related to the Incremental Mexico Equity Sale has been recognized as a long-term asset and included in “Other assets” as presented on the Condensed Consolidated Balance Sheets as of June 30, 2026. The Company recognized a $6.8 million gain on the Incremental Mexico Equity Sale, which is included in “Equity method investment income (expense)” on the Condensed Consolidated Statements of Operations. See Note 12 — Related Party Transactions for additional information on Carso.

The Company will receive $83.0 million of contingent payments upon the Zama Field reaching first oil production. Of this amount, $49.9 million is associated with the initial TEM 7 equity sale that closed on September 27, 2023 as discussed in Note 3 – Acquisitions and Divestitures included in the accompanying Notes to Consolidated Financial Statements in the 2025 Annual Report and has not yet been recognized in the Company’s financial statements, and the remainder is associated with the Incremental Mexico Equity Sale.