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Segment Information and Major Customers
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Segment Information and Major Customers
9. Segment Information and Major Customers
The Company operates in one industry – oil and gas exploration, development, operation and servicing. The Company’s oil and gas activities are entirely in the United States. The Company sells its oil and natural gas and liquids production to a number of direct purchasers under direct contracts or through other operators under joint
 
operating agreements. Listed below are the purchasers of the Company’s production which represented more than 10% of the Company’s sales for the years ended 2022 and 2021.
 
    
2022
    
2021
  
Oil:
                 
APA Corporation
      55 %      48 % 
Plains All American Inc.
      16 %      18 % 
Natural gas and liquids:
                 
APA Corporation
      58 %      52 % 
Targa Pipeline
Mid-Continent
West Tex, LLC
      11 %      19 % 
Although there are no long-term oil and gas purchasing agreements with these purchasers, the Company believes that they will continue to purchase its oil and gas products and, if not, could be replaced by other purchasers.