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Nature of Operations and Summary of Significant Accounting Policies, Specific to Production of Oil and Natural Gas Reserves Operations (Details) $ in Thousands | 12 Months Ended
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Dec. 31, 2023 USD ($) $ / bbl
Specific to Production of Oil and Natural Gas Reserves Operations [Abstract] |
Maximum payment period | 30 days
Depletion, depreciation, and amortization expense related to proved oil and gas properties | $ 3,600
Impairment expense | 0
Costs of unproved properties | 0
Abandonment expense | $ 0
Total notional barrels under contract | 63,000
Fixed swap price | $ / bbl | 73.25
Estimated fair value of contract utilizing future price | $ 100
Unrealized gain | $ 100

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- Definition The sum of the capitalized costs incurred, as of the balance sheet date, of unproved properties excluded from amortization including acquisition costs, exploration costs, development costs, and production costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-10.(c)(7)(ii)) -SubTopic 10 -Topic 932 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479664/932-10-S99-1 + Details
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- Definition Fair value, after effects of master netting arrangements, deduction of assets not subject to a master netting arrangement and elected not to be offset, of financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, offset against an obligation to return collateral. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 55 -Paragraph 13 -SubTopic 20 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483444/210-20-55-13 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (e) -SubTopic 20 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483466/210-20-50-3 + Details
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- Definition The adjustment to expense previously capitalized costs of drilling exploratory wells when proved reserves are not found or when the entity obtains information that raises substantial doubt about the economic or operational viability of the project. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -Section 35 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482450/932-360-35-11 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -Section 40 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482420/932-360-40-3 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -Section 40 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482420/932-360-40-2 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 932 -SubTopic 360 -Section 40 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482420/932-360-40-1 + Details
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