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SEGMENT INFORMATION | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
SEGMENT REPORTING | SEGMENT INFORMATION The Company's assets and operations consist of one reportable segment with all revenues, operating expenses and assets attributable to this segment reflected in the consolidated financial statements. The Company derives its revenue from the sale of natural gas, oil and condensate and NGL produced from its oil and natural gas properties located in the United States. The CODM of the Company is its Chief Executive Officer. The CODM assesses entity-wide operating results and performance and decides how to allocate resources based on net (loss) income, which is reported on the consolidated statement of operations. The measure of segment assets is reported on the consolidated balance sheets as “total assets”. The following table presents selected financial information with respect to the Company's one operating segment for the years ended December 31, 2024, 2023 and 2022 (in thousands):
| Year Ended December 31, 2024 |  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022
Total revenues | $ | 958,131 |  |  | $ | 1,791,702 |  |  | $ | 1,331,112 |
Significant segment expenses |  |  |  |  |
Lease operating expenses | 70,112 |  |  | 68,648 |  |  | 64,790 |
Taxes other than income | 29,737 |  |  | 33,717 |  |  | 60,139 |
Transportation, gathering, processing and compression | 351,237 |  |  | 348,631 |  |  | 357,246 |
Depreciation, depletion, and amortization | 325,723 |  |  | 319,715 |  |  | 267,761 |
Impairment of oil and gas properties | 373,214 |  |  | — |  |  | — |
General and administrative | 42,558 |  |  | 38,600 |  |  | 35,304 |
Interest expense | 59,982 |  |  | 57,069 |  |  | 59,773 |
Other segment expenses(1) | 23,031 |  |  | (20,438) |  |  | (8,602) |
Income tax benefit | (56,077) |  |  | (525,156) |  |  | — |
Total significant segment expenses | 1,219,517 |  |  | 320,786 |  |  | 836,411 |
Net (loss) income | $ | (261,386) |  |  | $ | 1,470,916 |  |  | $ | 494,701 |
Capital expenditures(2) | $ | 464,492 |  |  | $ | 521,187 |  |  | $ | 470,396 |
_____________________ (1) Other segment expenses include “Restructuring costs”, “Accretion expense”, “Loss on debt extinguishment”, and “Other, net” from the consolidated statements of operations. (2) Capital expenditures include capitalized general and administrative costs and capitalized interest expense.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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