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Other Long-Term Obligations and Commitments (Tables)

9 Months Ended

Sep. 30, 2022

Debt Disclosure [Abstract]

Summary of Operating and Financing Lease Obligation

The payment schedule for the Company’s operating lease obligations as of September 30, 2022 is as follows:

(Thousands of dollars)		Operating Leases
2022			174
2023			251
2024			107
2025			27
Total undiscounted lease payments		$	559
Less: Amount associated with discounting			(54	)
Net operating lease liabilities		$	505

Reconciliation of Liability for Plugging and Abandonment Costs

A reconciliation of the liability for plugging and abandonment costs for the nine months ended September 30, 2022 is as follows:

(Thousands of dollars)		September 30, 2022
Asset retirement obligation at December 31, 2021		$	14,295
Liabilities incurred			11
Liabilities settled			(1,276	)
Accretion expense			503
Asset retirement obligation at September 30, 2022		$	13,533

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Leases of lessee disclosure [Table text block].

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- Definition

Tabular disclosure of the changes in carrying amount of a liability for asset retirement obligations, for changes such as new obligations, changes in estimates of existing obligations, spending on existing obligations, property dispositions, and foreign currency translation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=6392692&loc=d3e7535-110849

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