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SUBSEQUENT EVENTS (Tables)
 3 Months Ended
Mar. 31, 2025
Subsequent Events [Abstract]  
Schedule of Open Fixed Price Swap Positions and Natural Gas Basis Swap Positions
The Company has entered into natural gas, crude oil and NGL fixed price swap contracts based off the NYMEX Henry Hub, NYMEX WTI and Mont Belvieu C3 indices. Below is a summary of the Company’s open fixed price swap positions as of March 31, 2025: 
IndexDaily VolumeWeighted
Average Price
Natural Gas(MMBtu/d)($/MMBtu)
Remaining 2025NYMEX Henry Hub270,000 $3.82 
2026NYMEX Henry Hub200,000 $3.64 
Oil(Bbl/d)($/Bbl)
Remaining 2025NYMEX WTI3,000 $73.29 
NGL(Bbl/d)($/Bbl)
Remaining 2025Mont Belvieu C32,669 $29.94 
2026Mont Belvieu C31,496 $30.33 
The Company has entered into natural gas costless collars based off the NYMEX Henry Hub index. Below is a summary of the Company's costless collar positions as of March 31, 2025:
IndexDaily VolumeWeighted Average Floor PriceWeighted Average Ceiling Price
Natural Gas(MMBtu/d)($/MMBtu)($/MMBtu)
Remaining 2025NYMEX Henry Hub220,000 $3.37 $4.23 
2026NYMEX Henry Hub150,000 $3.58 $4.48 
March 31, 2025:
IndexDaily VolumeWeighted Average Price
Natural Gas(MMBtu/d)($/MMBtu)
Remaining 2025NYMEX Henry Hub191,127 $5.81 
Subsequent to March 31, 2025, as of April 30, 2025, the Company entered into the following derivative contracts:
PeriodType of Derivative InstrumentIndex
Daily Volume
Weighted
Average Price
Natural Gas
(MMBtu/d)($/MMBtu)
2025
Costless Collars
NYMEX Henry Hub
17,818 
$4.00 / $4.66
2026
Costless Collars
NYMEX Henry Hub
20,000 
$4.00 / $4.52