Quarterly report [Sections 13 or 15(d)]

ASSET RETIREMENT OBLIGATIONS (Tables)

v3.26.1
ASSET RETIREMENT OBLIGATIONS (Tables)
6 Months Ended
Jun. 30, 2026
ASSET RETIREMENT OBLIGATIONS  
Schedule of Changes in Asset Retirement Obligations A summary of the changes to ARO is as follows (in thousands):

Six Months Ended June 30, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Asset retirement obligations, beginning of period

$

561,851

$

548,832

Liabilities settled

 

(20,603)

 

(15,978)

Accretion expense

 

17,293

 

17,073

Disposition of oil and natural gas properties

(1,469)

Liabilities incurred

1,029

Revisions of estimated liabilities

 

14,694

 

7,306

Asset retirement obligations, end of period

573,235

556,793

Less: Current portion

 

(24,411)

 

(31,813)

Long-term

$

548,824

$

524,980