Asset Retirement Obligations (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2022:
(in thousands)
Asset retirement obligations, beginning of period
$17,240 
Liabilities assumed in the Merger
21,156 
Liabilities incurred
1,004 
Liabilities divested and settled
(103)
Accretion expense
937 
Revisions to estimated cash flows
(92)
Asset retirement obligations, end of period
$40,142