Quarterly report [Sections 13 or 15(d)]

ASSET RETIREMENT OBLIGATIONS (Tables)

v3.25.2
ASSET RETIREMENT OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Changes in Asset Retirement Obligations A summary of the changes to ARO is as follows (in thousands):

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Six Months Ended June 30, 

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2025

    

2024

Asset retirement obligations, beginning of period

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$

548,832

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$

498,815

Liabilities settled

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(15,978)

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(11,997)

Accretion expense

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17,073

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16,369

Liabilities acquired

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—

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17,647

Disposition of oil and natural gas properties

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​

(1,469)

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​

—

Liabilities incurred

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​

1,029

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​

—

Revisions of estimated liabilities

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7,306

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13,641

Asset retirement obligations, end of period

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​

556,793

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​

534,475

Less: Current portion

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(31,813)

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(35,627)

Long-term

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$

524,980

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$

498,848

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