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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Revenues:    
Total Revenues $ 410,181 $ 375,047
Costs and Expenses:    
Lease operating expenses 71,463 58,817
Production and ad valorem taxes 29,428 25,559
Exploration costs 2,595 4,165
Depletion, depreciation, amortization and accretion 74,900 65,055
Impairment of oil and natural gas properties 11,317 9,760
Other impairments 30,158 0
General and administrative:    
Administrative costs 26,551 26,569
Share-based compensation expense 8,138 6,833
Transaction costs 1,573 5,817
Total Costs and Expenses 256,486 203,154
Income from Operations 153,695 171,893
Other Income (Expense):    
Interest expense, net (34,338) (31,816)
Gain (loss) on derivatives, net (1,665) 6,193
Loss from equity method investment (721) (218)
Total Other Income (Expense) (36,724) (25,841)
Net Income from Operations Before Income Taxes 116,971 146,052
Income tax expense (28,074) (34,461)
Net income $ 88,897 $ 111,591
Net Income per Share:    
Basic (USD per Share) $ 4.29 $ 5.66
Diluted (USD per Share) $ 4.26 $ 5.58
Weighted Average Common Shares Outstanding:    
Basic (in Shares) 20,712 19,705
Diluted (in Shares) 20,875 20,000
Related Party    
General and administrative:    
Cost of contract services - related parties $ 363 $ 579
Oil and natural gas sales, net    
Revenues:    
Total Revenues 409,801 372,647
Contract services - related parties    
Revenues:    
Total Revenues $ 380 $ 2,400