Decommissioning Liability (Tables)

12 Months Ended

Dec. 31, 2023

Asset Retirement Obligation Disclosure [Abstract]

Schedule of decommissioning liability

The following table presents our decommissioning liability as of the periods indicated:

	December 31, 2023			December 31, 2022
Wells	$	96,603		$	96,171
Platform		73,680			64,500
Total decommissioning liability		170,283			160,671
Note receivable		(69,005	)		(69,679	)
Total decommissioning liability, net of note receivable	$	101,278		$	90,992

Schedule of decommissioning program activity

The following table presents the activity during 2023 impacting our decommissioning liability, the related note receivable and oil and gas producing assets:

	December 31,			2023			2023		December 31,
	2022			Activity (1)			Revision		2023
Wells	$	96,171		$	(5,606	)	$	6,038	$	96,603
Platform		64,500			3,800			5,380		73,680
Decommissioning liability		160,671			(1,806	)		11,418		170,283
Note receivable		(69,679	)		(3,935	)		4,609		(69,005	)
Decommissioning liability, net of note receivable	$	90,992		$	(5,741	)	$	16,027	$	101,278

(1) Activity during 2023 includes $9.7 million in accretion expense associated with the decommissioning liability, net of $11.5 million in decommissioning costs incurred and $3.9 million in interest income recognized on the note receivable.

Schedule of accretion expenses

The following table presents accretion expense as of the periods indicated (in millions):

	For the Year Ended December 31, 2023		For the Year Ended December 31, 2022		For the Period February 3, 2021 through December 31, 2021		For the Period January 1, 2021 through February 2, 2021
Accretion expense	$	9.7	$	9.5	$	9.3	$	0.5