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Segment Reporting
 12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company operates as one operating segment, which is engaged in the acquisition, development, and production of oil, natural gas, and NGL in the U.S. Mid-Continent. The Company's chief operating decision maker ("CODM") is its Chief Executive Officer who reviews financial information on a consolidated basis and uses net income (loss) to make key operating decisions and assess financial performance. The CODM considers significant segment expenses to be those presented in the below table. Interest expense was not significant for the years ended December 31, 2024, 2023 or 2022. The CODM regularly reviews total assets which were $581.5 million and $574.2 million as of December 31, 2024 and 2023, respectively.

The following table presents selected financial information with respect to the Company’s single operating segment for the years ended December 31, 2024, 2023 and 2022:

 Year Ended December 31,
 202420232022
(In thousands)
Revenues
Oil$68,231 $78,174 $87,528 
Natural gas21,397 34,941 103,067 
NGL35,662 35,526 63,663 
Total revenues125,290 148,641 254,258 
Expenses
Lease operating expenses40,012 41,862 41,286 
Production, ad valorem, and other taxes6,780 10,870 15,880 
Depreciation and depletion—oil and natural gas25,976 15,657 11,542 
Depreciation and amortization—other6,503 6,518 6,342 
General and administrative11,695 10,735 9,449 
Restructuring expenses474 406 382 
Employee termination benefits— 19 — 
(Gain) loss on derivative contracts(748)(1,447)(5,975)
Other operating (income) expense1,372 (157)(99)
Total expenses92,064 84,463 78,807 
Income (loss) from operations33,226 64,178 175,451 
Other income (expense)
Interest income (expense), net7,744 10,552 1,810 
Other income (expense), net(216)87 378 
Total other income (expense)7,528 10,639 2,188 
Income (loss) before income taxes40,754 74,817 177,639 
Income tax (benefit)(22,232)13,960 (64,529)
Net income (loss)$62,986 $60,857 $242,168 
Capital expenditures, including acquisitions$156,472 $33,664 $50,639