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Revenues (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Summary of Oil and Gas Revenues
Oil and gas revenues presented within the consolidated statements of operations relate to the sale of oil, natural gas and NGLs as shown below:
Three Months Ended September 30,Nine Months Ended September 30,
202420232024

2023
Operating revenues (in thousands):
Oil sales
$1,099,318 $660,445 $3,265,303 $1,734,057 
Natural gas sales(1)
(37,087)38,354 (21,351)94,123 
NGL sales(2)
153,340 59,742 460,701 170,027 
Oil and gas sales
$1,215,571 $758,541 $3,704,653 $1,998,207 
(1)    Natural gas sales include a portion of gathering, processing and transportation costs (“GP&T”) that are reflected as a reduction to natural gas sales of $26.2 million and $75.1 million for the three and nine months ended September 30, 2024, respectively, and $12.0 million and $30.7 million for the three and nine months ended September 30, 2023, respectively.
(2)    NGL sales include a portion of GP&T that are reflected as a reduction to NGL sales of $23.0 million and $64.7 million for the three and nine months ended September 30, 2024, respectively, and $16.3 million and $48.9 million for the three and nine months ended September 30, 2023, respectively.