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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2022
Accounting Policies [Abstract] |
Schedule of Accounts Receivable | Accounts receivable is summarized below:
| December 31, 2022 |  | December 31, 2021
| (In thousands)
Oil, natural gas and NGL sales | $ | 24,136 |  |  | $ | 17,562 |
Joint interest accounts receivable | 793 |  |  | 409 |
Other accounts receivable | 622 |  |  | 31 |
Total accounts receivable | $ | 25,551 |  |  | $ | 18,002 |
Schedule of Other Non-current Assets, Net | Other non-current assets consisted of the following:
| December 31, 2022 |  | December 31, 2021
| (In thousands)
Deferred financing costs, net | $ | 2,556 |  |  | $ | 1,345 |
Prepayments to outside operators | 186 |  |  | 690 |
Right of use assets | 1,370 |  |  | 208 |
Other deposits | 63 |  |  | 50 |
Total other non-current assets, net | $ | 4,175 |  |  | $ | 2,293 |
Schedule of Accrued Liabilities | Accrued liabilities consisted of the following:
| December 31, 2022 |  | December 31, 2021
| (In thousands)
Accrued capital expenditures | $ | 16,744 |  |  | $ | 5,618 |
Accrued lease operating expenses | 4,607 |  |  | 2,534 |
Accrued general and administrative costs | 2,286 |  |  | 3,404 |
Accrued inventory | 6,235 |  |  | — |
Accrued ad valorem tax | 3,789 |  |  | 705 |
Other accrued expenditures | 1,921 |  |  | 613 |
Total accrued liabilities | $ | 35,582 |  |  | $ | 12,874 |
Schedule of Asset Retirement Obligations | Components of the changes in ARO consisted of the following and is shown below:
| December 31, 2022 |  | December 31, 2021
| (In thousands)
ARO, beginning balance | $ | 2,453 |  |  | $ | 2,434 |
Liabilities incurred | 358 |  |  | 56 |
Revision of estimated obligations | 326 |  |  | — |
Liability settlements and disposals | (178) |  |  | (58) |
Accretion | 79 |  |  | 21 |
ARO, ending balance | 3,038 |  |  | 2,453 |
Less: current ARO(1) | (314) |  |  | (192) |
ARO, long-term | $ | 2,724 |  |  | $ | 2,261 |
_____________________ (1)Current ARO is included within other current liabilities on the accompanying consolidated balance sheets.
Summary of Disaggregation of Revenue | The following table presents oil and natural gas sales disaggregated by product:
| Year Ended December 31, 2022 |  | Three Months Ended December 31, 2021 |  | Year Ended September 30, 2021
| (In thousands)
Oil and natural gas sales: |  |  |  |  |
Oil | $ | 298,723 |  |  | $ | 50,623 |  |  | $ | 136,421 |
Natural gas | 10,755 |  |  | 2,705 |  |  | 7,500 |
Natural gas liquids | 9,865 |  |  | 3,322 |  |  | 4,715 |
Total oil and natural gas sales, net | $ | 319,343 |  |  | $ | 56,650 |  |  | $ | 148,636 |
Schedule of Assets And Liabilities, Lessee |
| December 31, 2022 |  | December 31, 2021 |  |
| (In thousands)
ROU asset | $ | 1,370 |  |  | $ | 208 |  |  |
Current lease liability | $ | 539 |  |  | $ | 212 |  |  |
Long-term lease liability | $ | 838 |  |  | $ | — |  |  |

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