v3.25.4
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2025
Accounting Policies [Abstract]  
Schedule of Operating Revenue by Major Customers Below is a summary of operating revenue by major customer that individually exceeded 10% of consolidated operating revenue:
For the Year Ended December 31,
202520242023
(In thousands)
Customer 1$468,674 $335,107 $278,408 
Customer 2329,090 348,769 233,109 
Customer 3292,568 372,949 205,079 
Others674,057 426,104 539,816 
Consolidated Operating Revenue$1,764,389 $1,482,929 $1,256,412 
Schedule of Property, Plant and Equipment, Estimated Useful Lives Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets as follows:
Estimated Useful Life
Buildings30 years
Gathering and processing systems and facilities20 years
Furniture and fixtures5 years
Vehicles5 years
Computer hardware and software3 years
Property, plant, and equipment, net at carrying value, is as follows:
December 31,
20252024
(In thousands)
Gathering, processing, and transmission systems and facilities$4,741,741 $3,977,825 
Vehicles19,802 15,659
Computers and equipment12,509 7,872
Less: accumulated depreciation
(1,048,589)(813,371)
Total depreciable assets, net3,725,463 3,187,985 
Construction in progress105,219 215,168 
Land35,554 30,711 
Total property, plant, and equipment, net$3,866,236 $3,433,864