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REVENUE RECOGNITION
3 Months Ended
Mar. 31, 2024
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Crude oil, natural gas, and NGL sales revenue presented within the accompanying statements of operations is reflective of the revenue generated from contracts with customers. Revenue attributable to each identified revenue stream and operating region is disaggregated below (in thousands):
Three Months Ended March 31,
Sales by Commodity and Operating Region20242023
Crude oil
DJ Basin$491,047 $460,071 
Permian Basin584,547 — 
Total1,075,594 460,071 
Natural gas
DJ Basin74,165 102,677 
Permian Basin12,827 — 
Total86,992 102,677 
NGL
DJ Basin82,305 92,093 
Permian Basin82,865 — 
Total165,170 92,093 
Crude oil, natural gas, and NGL
DJ Basin647,517 654,841 
Permian Basin680,239 — 
Total$1,327,756 $654,841 
For the three months ended March 31, 2024 and 2023, revenue recognized in the reporting period related to performance obligations satisfied in prior reporting periods was insignificant. As of March 31, 2024 and December 31, 2023, our receivables from contracts with customers were $602.0 million and $506.0 million, respectively.