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SUBSEQUENT EVENTS (Tables)
9 Months Ended
Sep. 30, 2025
Subsequent Events [Abstract]  
Schedule of Natural Gas Basis Swap Positions As of September 30, 2025, the Company had the following natural gas basis swap positions open:
Gulfport PaysGulfport ReceivesDaily VolumeWeighted Average Fixed Spread
Natural Gas(MMBtu/d)($/MMBtu)
Remaining 2025Rex Zone 3NYMEX Plus Fixed Spread110,000 $(0.20)
Remaining 2025NGPL TXOKNYMEX Plus Fixed Spread40,000 $(0.29)
Remaining 2025TETCO M2NYMEX Plus Fixed Spread230,000 $(0.96)
Remaining 2025Transco Station 85NYMEX Plus Fixed Spread10,000 $0.45 
Remaining 2025TGP 500NYMEX Plus Fixed Spread20,000 $0.41 
2026Rex Zone 3NYMEX Plus Fixed Spread80,000 $(0.18)
2026NGPL TXOKNYMEX Plus Fixed Spread30,000 $(0.30)
2026TETCO M2NYMEX Plus Fixed Spread150,000 $(0.97)
2026Transco Station 85NYMEX Plus Fixed Spread10,000 $0.56 
2026TGP 500NYMEX Plus Fixed Spread20,000 $0.56 
2027NGPL TXOKNYMEX Plus Fixed Spread10,000 $(0.29)
2027TETCO M2NYMEX Plus Fixed Spread40,000 $(0.93)
Subsequent to September 30, 2025, as of October 29, 2025, the Company entered into the following derivative contracts:
PeriodType of Derivative InstrumentIndexDaily VolumeWeighted
Average Price
Natural Gas(MMBtu/d)($/MMBtu)
2026
Basis Swaps
TETCO M2
20,000 $(0.82)
2027
Swaps
NYMEX Henry Hub
10,000 $4.00