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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Oil and natural gas sales [Member] Oil and natural gas sales [Member] Oil and natural gas sales [Member]
Oil and natural gas sales $ 394,069 $ 497,417 $ 290,193
Operating costs and expenses:      
Lease operating expenses 60,521 44,678 26,333
Production and ad valorem taxes 27,707 30,619 18,066
Depletion and accretion expense 160,662 105,752 94,661
Other 176 0 0
Impairments of long-lived assets 26,496 0 0
General and administrative (including non-cash stock-based compensation of $2,162 for the year ended December 31, 2023) 27,920 14,223 10,179
Gain on disposal of oil and natural gas properties 0 0 (2,279)
Total operating costs and expenses 303,482 195,272 146,960
Net operating income 90,587 302,145 143,233
Other income (expense):      
Gain (loss) on derivatives - commodity derivatives 25,544 (25,324) (32,389)
Interest expense (5,315) (1,989) (2,385)
Gain (loss) on derivatives - common stock warrants (5,742) 362 0
Gain on equity investments 508 0 0
Total other income (expense) 14,995 (26,951) (34,774)
Income before income taxes 105,582 275,194 108,459
Income tax expense 24,483 12,850 0
Net income $ 81,099 $ 262,344 $ 108,459
Net income per share:      
Basic (in dollars per share) $ 0.61 $ 1.97 $ 0.82
Diluted (in dollars per share) $ 0.61 $ 1.97 $ 0.82
Weighted-average number of shares outstanding:      
Weighted average common shares outstanding – basic (in shares) 133,093 132,923 132,923
Weighted average common shares outstanding – diluted (in shares) 133,109 133,074 132,923