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v3.25.2

Basis of Presentation - Schedule of Segment Reporting Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | $ 34,531 | $ 25,977 | $ 77,135 | $ 56,260
Expenses |  |  |  |
Lease operating expenses | 6,556 | 8,738 | 17,473 | 19,630
Production, ad valorem, and other taxes | 2,158 | 1,841 | 5,257 | 3,737
Depreciation and depletion—oil and natural gas | 8,290 | 4,350 | 16,706 | 8,426
Depreciation and amortization—other | 1,612 | 1,664 | 3,215 | 3,342
General and administrative | 3,028 | 3,050 | 6,881 | 6,382
Restructuring expenses | 412 | 81 | 452 | 81
(Gain) loss on derivative contracts | (6,059) | 0 | (3,572) | 0
Other operating (income) expense | 0 | 33 | 0 | 24
Total expenses | 15,997 | 19,757 | 46,412 | 41,622
Income from operations | 18,534 | 6,220 | 30,723 | 14,638
Interest income (expense), net | 1,027 | 2,491 | 1,887 | 5,189
Other income (expense), net | (3) | 83 | (3) | 92
Total other income (expense) | 1,024 | 2,574 | 1,884 | 5,281
Income (loss) before income taxes | 19,558 | 8,794 | 32,607 | 19,919
Income tax (benefit) | 0 | 0 | 0 | 0
Net income (loss) | 19,558 | 8,794 | 32,607 | 19,919
Reportable Segment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 34,531 | 25,977 | 77,135 | 56,260
Expenses |  |  |  |
Lease operating expenses | 6,556 | 8,738 | 17,473 | 19,630
Production, ad valorem, and other taxes | 2,158 | 1,841 | 5,257 | 3,737
Depreciation and depletion—oil and natural gas | 8,290 | 4,350 | 16,706 | 8,426
Depreciation and amortization—other | 1,612 | 1,664 | 3,215 | 3,342
General and administrative | 3,028 | 3,050 | 6,881 | 6,382
Restructuring expenses | 412 | 81 | 452 | 81
(Gain) loss on derivative contracts | (6,059) | 0 | (3,572) | 0
Other operating (income) expense | 0 | 33 | 0 | 24
Total expenses | 15,997 | 19,757 | 46,412 | 41,622
Income from operations | 18,534 | 6,220 | 30,723 | 14,638
Interest income (expense), net | 1,027 | 2,491 | 1,887 | 5,189
Other income (expense), net | (3) | 83 | (3) | 92
Total other income (expense) | 1,024 | 2,574 | 1,884 | 5,281
Income (loss) before income taxes | 19,558 | 8,794 | 32,607 | 19,919
Income tax (benefit) | 0 | 0 | 0 | 0
Net income (loss) | 19,558 | 8,794 | 32,607 | 19,919
Oil |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 16,956 | 14,732 | 35,836 | 30,331
Oil | Reportable Segment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 16,956 | 14,732 | 35,836 | 30,331
Natural gas |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 8,748 | 2,946 | 21,421 | 8,953
Natural gas | Reportable Segment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 8,748 | 2,946 | 21,421 | 8,953
NGL |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | 8,827 | 8,299 | 19,878 | 16,976
NGL | Reportable Segment |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |
Total revenues | $ 8,827 | $ 8,299 | $ 19,878 | $ 16,976

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