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):

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Six Months Ended June 30, 

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  ​ ​ ​

2026

  ​ ​ ​

2025

Asset retirement obligations, beginning of period

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$

561,851

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$

548,832

Liabilities settled

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(20,603)

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(15,978)

Accretion expense

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17,293

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17,073

Disposition of oil and natural gas properties

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​

—

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(1,469)

Liabilities incurred

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​

—

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​

1,029

Revisions of estimated liabilities

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14,694

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7,306

Asset retirement obligations, end of period

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​

573,235

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​

556,793

Less: Current portion

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(24,411)

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(31,813)

Long-term

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$

548,824

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$

524,980

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