Quarterly report [Sections 13 or 15(d)]

ASSET RETIREMENT OBLIGATIONS (Tables)

v3.26.1
ASSET RETIREMENT OBLIGATIONS (Tables)
3 Months Ended
Mar. 31, 2026
ASSET RETIREMENT OBLIGATIONS  
Schedule of Changes in Asset Retirement Obligations A summary of the changes to ARO is as follows (in thousands):

​

​

​

​

​

​

​

​

​

​

Three Months Ended March 31, 

​

  ​ ​ ​

2026

  ​ ​ ​

2025

Asset retirement obligations, beginning of period

​

$

561,851

​

$

548,832

Liabilities settled

​

 

(17,166)

​

 

(3,771)

Accretion expense

​

 

8,517

​

 

8,392

Liabilities incurred

​

​

—

​

​

1,029

Revisions of estimated liabilities

​

 

12,837

​

 

7,369

Asset retirement obligations, end of period

​

​

566,039

​

​

561,851

Less: Current portion

​

 

(25,471)

​

 

(29,098)

Long-term

​

$

540,568

​

$

532,753

​