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Revenue from Contracts with Customers (Tables) | 12 Months Ended
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Dec. 31, 2024
Revenue from Contract with Customer [Abstract] |
Disaggregation of oil, gas, and NGL production revenue | The tables below present oil, gas, and NGL production revenue by product type for each of the Company’s operating areas:
| For the year ended December 31, 2024
| Midland Basin |  | South Texas |  | Uinta Basin |  | Total
| (in thousands)
Oil production revenue | $ | 1,447,679 |  |  | $ | 542,704 |  |  | $ | 197,098 |  |  | $ | 2,187,481 |
Gas production revenue | 118,455 |  |  | 123,685 |  |  | 6,932 |  |  | 249,072 |
NGL production revenue | 634 |  |  | 234,098 |  |  | — |  |  | 234,732 |
Total | $ | 1,566,768 |  |  | $ | 900,487 |  |  | $ | 204,030 |  |  | $ | 2,671,285 |
Relative percentage | 59 | % |  | 34 | % |  | 7 | % |  | 100 | %
| For the year ended December 31, 2023
| Midland Basin |  | South Texas |  |  |  | Total
| (in thousands)
Oil production revenue | $ | 1,347,780 |  |  | $ | 465,995 |  |  |  |  | $ | 1,813,775 |
Gas production revenue | 175,183 |  |  | 152,700 |  |  |  |  | 327,883 |
NGL production revenue | 687 |  |  | 221,544 |  |  |  |  | 222,231 |
Total | $ | 1,523,650 |  |  | $ | 840,239 |  |  |  |  | $ | 2,363,889 |
Relative percentage | 64 | % |  | 36 | % |  |  |  | 100 | %
| For the year ended December 31, 2022
| Midland Basin |  | South Texas |  |  |  | Total
| (in thousands)
Oil production revenue | $ | 1,816,597 |  |  | $ | 453,471 |  |  |  |  | $ | 2,270,068 |
Gas production revenue | 432,831 |  |  | 358,049 |  |  |  |  | 790,880 |
NGL production revenue | 986 |  |  | 283,972 |  |  |  |  | 284,958 |
Total | $ | 2,250,414 |  |  | $ | 1,095,492 |  |  |  |  | $ | 3,345,906 |
Relative percentage | 67 | % |  | 33 | % |  |  |  | 100 | %

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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