For the Nine Months Ended September 30,

2025

2024

Asset retirement obligations, beginning of period

$

30,188

$

28,168

Liabilities incurred from drilling activity and assumed in acquisitions

—

877

Revisions

—

Liabilities settled from plugging activity and disposals

(361)

(864)

Accretion expense

1,594

1,487

Asset retirement obligations, end of period

$

31,421

$

29,668

Less: current portion included in Accrued expenses

1,765

700

Asset retirement obligations, long-term

$

29,656

$

28,968