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REVENUE (Tables) | 9 Months Ended
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Sep. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents revenues from contracts with customers as well as revenues associated with the obligations under the Etame PSC.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenues from customer contracts: | (in thousands)
Sales under the COSPA or COSMA | $ | 54,933 |  |  | $ | 64,100 |  |  | $ | 182,048 |  |  | $ | 194,179 |
Other items reported in revenue not associated with customer contracts: |  |  |  |  |  |  |
Carried interest recoupment | 652 |  |  | 1,378 |  |  | 1,826 |  |  | 3,590 |
Royalties | (7,977) |  |  | (8,203) |  |  | (25,088) |  |  | (25,833) |
Net revenues | $ | 47,608 |  |  | $ | 57,275 |  |  | $ | 158,786 |  |  | $ | 171,936 |
The following table presents revenues in Egypt from contracts with customers:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenues from customer contracts: | (in thousands)
Gross sales | $ | 63,432 |  |  | $ | 88,748 |  |  | $ | 191,938 |  |  | $ | 193,570 |
Royalties | (28,714) |  |  | (37,944) |  |  | (84,550) |  |  | (86,176) |
Selling costs | (174) |  |  | (497) |  |  | (402) |  |  | (995) |
Net revenues | $ | 34,544 |  |  | $ | 50,307 |  |  | $ | 106,986 |  |  | $ | 106,399 |
The following table presents revenues in Canada from contracts with customers:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenues from customer contracts: | (in thousands)
Oil revenue | $ | 8,039 |  |  | $ | 7,832 |  |  | 21,739 |  |  | $ | 22,811 |
Gas revenue | 224 |  |  | 988 |  |  | 1,429 |  |  | 2,649 |
NGL revenue | 2,008 |  |  | 2,073 |  |  | 5,905 |  |  | 6,421 |
Royalties | (1,533) |  |  | (2,206) |  |  | (3,801) |  |  | (4,304) |
Selling costs | (351) |  |  | — |  |  | (812) |  |  | — |
Net revenues | $ | 8,387 |  |  | $ | 8,687 |  |  | 24,460 |  |  | $ | 27,577 |
The following table presents revenues in Cote d'Ivoire from contracts with customers:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Revenues from customer contracts: | (in thousands)
Revenues | $ | 49,795 |  |  | $ | — |  |  | $ | 67,035 |  |  | $ | — |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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