Asset Retirement Obligations (Tables)
6 Months Ended
Jun. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]  
Schedule of Asset Retirement Obligations
The following table summarizes changes in the Company’s asset retirement obligations (“ARO”) associated with its working interests in oil and gas properties for the six months ended June 30, 2022:
(in thousands)
Asset retirement obligations, beginning of period
$17,240 
Liabilities incurred
481 
Liabilities divested and settled
(11)
Accretion expense
533 
Revisions to estimated cash flows
(92)
Asset retirement obligations, end of period
$18,151