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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Intangible Assets, Net
Intangible assets, net consisted of the following as of June 30, 2026 and December 31, 2025 (in thousands):

June 30,
2026
December 31,
2025
Intangible assets, at cost:
Saltwater disposal easement$17,557 $17,557 
Contracts acquired in a business combination15,700 15,700 
Groundwater rights acquired3,846 3,846 
Total intangible assets, at cost (1)
37,103 37,103 
Less: accumulated amortization(5,428)(4,257)
Intangible assets, net$31,675 $32,846 
(1)The remaining weighted average amortization period for total intangible assets was 8.9 years as of June 30, 2026.
Schedule of Future Amortization Expense of Intangible Assets The estimated future amortization expense of intangible assets for each of the next five years and thereafter is as follows (in thousands):
YearEstimated Future Amortization Expense
Remainder of 2026$1,171 
20272,342 
20282,342 
20292,342 
20302,342 
2031 and thereafter21,136 
Total expected amortization expense$31,675