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Other Long-Term Obligations and Commitments (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Summary of Operating and Financing Lease Obligation
The payment schedule for the Company’s operating lease obligations as of June 30, 2023 is as follows:
 
(Thousands of dollars)
  
Operating
Leases
 
2023
   $ 374  
2024
     275  
2025
     45  
    
 
 
 
Total undiscounted lease payments
   $ 694  
Less: Amount associated with discounting
     (58
    
 
 
 
Total net operating lease liabilities
   $ 636  
Less: Current portion included in current portion of asset retirement and other long-term obligations
     520  
    
 
 
 
Non-current
portion included in other long-term obligations
   $ 116  
    
 
 
 
Reconciliation of Liability for Plugging and Abandonment Costs
A reconciliation of the liability for plugging and abandonment costs for the six months ended June 30, 2023 is as follows:
 
(Thousands of dollars)
  
June 30,
2023
 
Asset retirement obligation at December 31, 2022
   $ 15,443  
Additions
     16  
Liabilities settled
     (970
Accretion of discount
     367  
    
 
 
 
Asset retirement obligation at June 30, 2023
   $ 14,856  
Less current portion of asset retirement obligations
     1,101  
    
 
 
 
Asset retirement obligations, long-term
   $ 13,755