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REVENUE RECOGNITION
9 Months Ended
Sep. 30, 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 September 30,Nine Months Ended September 30,
Sales by Commodity and Operating Region2024202320242023
Crude oil
DJ Basin$487,311 $582,798 $1,467,376 $1,583,605 
Permian Basin616,563 258,595 1,846,813 258,595 
Total1,103,874 841,393 3,314,189 1,842,200 
Natural gas
DJ Basin45,009 67,418 159,860 214,079 
Permian Basin(35,522)12,694 (53,995)12,694 
Total9,487 80,112 105,865 226,773 
NGL
DJ Basin79,970 77,502 248,357 243,714 
Permian Basin78,044 35,403 242,252 35,403 
Total158,014 112,905 490,609 279,117 
Crude oil, natural gas, and NGL
DJ Basin612,290 727,718 1,875,593 2,041,398 
Permian Basin659,085 306,692 2,035,070 306,692 
Total$1,271,375 $1,034,410 $3,910,663 $2,348,090 
For the three and nine months ended September 30, 2024 and 2023, revenue recognized in the reporting period related to performance obligations satisfied in prior reporting periods was insignificant. As of September 30, 2024 and December 31, 2023, our receivables from contracts with customers were $549.1 million and $506.0 million, respectively.