Quarterly report [Sections 13 or 15(d)]

ASSET RETIREMENT OBLIGATIONS (Tables)

v3.25.3
ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2025
ASSET RETIREMENT OBLIGATIONS  
Schedule of Changes in Asset Retirement Obligations A summary of the changes to ARO is as follows (in thousands):

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Nine Months Ended September 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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(24,873)

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(20,342)

Accretion expense

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25,075

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24,217

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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17,427

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34,690

Asset retirement obligations, end of period

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​

566,021

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​

555,027

Less: Current portion

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(34,528)

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(45,139)

Long-term

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$

531,493

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$

509,888

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