XML 121 R89.htm IDEA: XBRL DOCUMENT v3.25.0.1
DISCLOSURES ABOUT CRUDE OIL AND NATURAL GAS PRODUCING ACTIVITIES (UNAUDITED) - Discounted Future Net Cash Flows Relating to Proved Oil and Natural Gas Reserves (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Oil and Gas, Result of Operation, Revenue [Abstract]      
Future net cash flow discount rate 10.00%    
Standardized measure of discounted future net cash flows relating to proved oil and natural gas reserves      
Future cash flows $ 28,250,810 $ 27,947,743 $ 23,225,188
Future production costs (12,006,734) (11,038,268) (6,490,522)
Future development costs (2,491,009) (2,366,582) (1,337,494)
Future income tax expense (1,243,949) (1,605,756) (2,870,178)
Future net cash flows 12,509,118 12,937,137 12,526,994
10% annual discount for estimated timing of cash flows (4,193,705) (4,667,858) (4,599,504)
Standardized measure of discounted future net cash flows 8,315,413 8,269,279 7,927,490
Changes in the standardized measure of discounted future net cash flows relating to proved oil and natural gas reserves      
Beginning of period 8,269,279 7,927,490 4,412,104
Crude oil, natural gas, and NGL sales, net of production costs (3,807,145) (2,558,095) (2,980,527)
Net changes in prices and production costs (1,638,518) (4,385,615) 5,016,678
Net changes in extensions, discoveries, and other additions 1,415,760 363,594 638,537
Development costs incurred 810,591 447,181 411,138
Changes in estimated development cost 39,668 (39,386) (87,466)
Acquisition of reserves 2,342,362 5,199,814 627,833
Divestiture of reserves (257,413) (32,483) 0
Revisions of previous quantity estimates (225,151) (529,185) 619,800
Net change in income taxes 210,815 796,068 (991,734)
Accretion of discount 1,172,236 983,428 532,716
Changes in production rates and other (17,071) 96,468 (271,589)
End of period $ 8,315,413 $ 8,269,279 $ 7,927,490