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Other Long-Term Obligations and Commitments (Tables)
9 Months Ended
Sep. 30, 2023
Debt Disclosure [Abstract]  
Summary of Operating and Financing Lease Obligation
The payment schedule for the Company’s operating lease obligations as of September 30, 2023 is as follows:
 
(Thousands of dollars)
  
Operating
Leases
 
2023
   $ 187  
2024
     275  
2025
     45  
  
 
 
 
Total undiscounted lease payments
   $ 507  
Less: Amount associated with discounting
     (49
  
 
 
 
Total net operating lease liabilities
   $ 458  
Less: Current portion included in current portion of asset retirement and other long-term obligations
     381  
  
 
 
 
Non-current
portion included in other long-term obligations
   $ 77  
  
 
 
 
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, 2023 is as follows:
 
(Thousands of dollars)
  
September 30,
2023
 
Asset retirement obligation at December 31, 2022
   $ 15,443  
Additions
     16  
Dispositions
     (1,161
Liabilities settled
     (2,727
Accretion of discount
     550  
  
 
 
 
Asset retirement obligation at September 30, 2023
   $ 12,121  
Less current portion of asset retirement obligations
     554  
  
 
 
 
Asset retirement obligations, long-term
     11,567