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Property and equipment (Tables) | 9 Months Ended
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Sep. 30, 2025
Property, Plant and Equipment [Abstract] |
Schedule of Benchmark Prices and Realized Prices | The following table presents the Benchmark Prices and the Realized Prices utilized in the full cost ceiling calculation as of the dates presented:
|  | September 30, 2025 |  | June 30, 2025 |  | March 31, 2025 |  | December 31, 2024 |  | September 30, 2024
Benchmark Prices: |  |  |  |  |  |  |  |  |  |
Oil ($/Bbl) |  | $ | 67.45 |  |  | $ | 70.48 |  |  | $ | 74.52 |  |  | $ | 75.48 |  |  | $ | 78.64 |
NGL ($/Bbl)(1) |  | $ | 67.45 |  |  | $ | 70.48 |  |  | $ | 74.52 |  |  | $ | 75.48 |  |  | $ | 78.64 |
Natural gas ($/MMBtu) |  | $ | 3.10 |  |  | $ | 2.86 |  |  | $ | 2.44 |  |  | $ | 2.13 |  |  | $ | 2.21 |
Realized Prices: |  |  |  |  |  |  |  |  |  |
Oil ($/Bbl) |  | $ | 68.35 |  |  | $ | 71.47 |  |  | $ | 75.55 |  |  | $ | 76.76 |  |  | $ | 79.92 |
NGL ($/Bbl) |  | $ | 16.16 |  |  | $ | 15.65 |  |  | $ | 13.87 |  |  | $ | 13.66 |  |  | $ | 14.06 |
Natural gas ($/Mcf) |  | $ | 1.11 |  |  | $ | 0.98 |  |  | $ | 1.04 |  |  | $ | 0.85 |  |  | $ | 0.81 |
_____________________________________________________________________________ (1) The Company utilizes WTI NYMEX in the calculation of its NGL Benchmark Prices.
Property, Plant and Equipment | The following table presents full cost ceiling impairment expense, which is included in "Impairment expense" on the unaudited consolidated statements of operations, for the periods presented:
|  | Three months ended September 30, |  | Nine months ended September 30,
(in thousands) |  | 2025 |  | 2024 |  | 2025 |  | 2024
Full cost ceiling impairment expense |  | $ | 419,955 |  |  | $ | — |  |  | $ | 1,005,242 |  |  | $ | — |

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- Definition Tabular disclosure of oil and gas sale price and production cost, including, but not limited to, average sale price and production cost per unit. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Regulation S-K (SK) -Number 229 -Section 1204 -Publisher SEC + Details
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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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