ASSET RETIREMENT OBLIGATIONS (Tables)

6 Months Ended

Jun. 30, 2023

Asset Retirement Obligation Disclosure [Abstract]

Schedule of changes in Company's asset retirement obligations

The following table summarizes the changes in the Company’s asset retirement obligations for the six months ended June 30, 2023 (in thousands).

Beginning asset retirement obligations	$	53,741
Liabilities incurred during period	2,535
Liabilities settled during period	(782)
Acquisitions during period	8,326
Divestitures during period	(652)
Accretion expense	1,491
Ending asset retirement obligations	64,659
Less: current asset retirement obligations(1)	(1,413)
Long-term asset retirement obligations	$	63,246

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(1)Included in accrued liabilities in the Company’s interim unaudited condensed consolidated balance sheet at June 30, 2023.