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):

Nine Months Ended September 30, 

    

2025

    

2024

Asset retirement obligations, beginning of period

$

548,832

$

498,815

Liabilities settled

 

(24,873)

 

(20,342)

Accretion expense

 

25,075

 

24,217

Liabilities acquired

 

 

17,647

Disposition of oil and natural gas properties

(1,469)

Liabilities incurred

1,029

Revisions of estimated liabilities

 

17,427

 

34,690

Asset retirement obligations, end of period

566,021

555,027

Less: Current portion

 

(34,528)

 

(45,139)

Long-term

$

531,493

$

509,888