Quarterly report pursuant to Section 13 or 15(d)

ASSET RETIREMENT OBLIGATIONS (Tables)

v3.24.3
ASSET RETIREMENT OBLIGATIONS (Tables)
9 Months Ended
Sep. 30, 2024
Notes Tables  
Schedule of Changes in Asset Retirement Obligations A summary of the changes to ARO is as follows (in thousands):

Nine Months Ended September 30, 

    

2024

    

2023

Asset retirement obligations, beginning of period

$

498,815

$

466,430

Liabilities settled

 

(20,342)

 

(24,918)

Accretion expense

 

24,217

 

21,641

Liabilities acquired

 

17,647

 

16,352

Liabilities incurred

113

Revisions of estimated liabilities

 

34,690

 

18,796

Asset retirement obligations, end of period

555,027

498,414

Less: Current portion

 

(45,139)

 

(33,169)

Long-term

$

509,888

$

465,245