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ACQUISITIONS AND DIVESTITURES - Schedule of Final Allocation of the Total Cost of the Lime Rock Acquisition (Details) - USD ($) |  |  | 3 Months Ended |
--- | --- | --- | --- | ---
Mar. 31, 2025 | Feb. 26, 2025 | Mar. 31, 2025 | Mar. 31, 2024 | Dec. 31, 2024
Fair value of assets acquired: |  |  |  |  |
Oil and natural gas properties | $ 1,932,616,777 |  | $ 1,932,616,777 |  | $ 1,809,309,848
Fair value of liabilities assumed: |  |  |  |  |
Asset retirement obligations | $ 29,268,349 |  | $ 29,268,349 |  | $ 26,382,517
Lime Rock Acquisition |  |  |  |  |
Common stock consideration |  |  |  |  |
Shares of common stock issued (in shares) | 6,452,879 |  |  |  |
Common stock price (in dollars per share) | $ 1.15 |  | $ 1.15 |  |
Total common stock consideration | $ 7,420,811 |  |  |  |
Cash consideration |  |  |  |  |
Escrow deposit released at closing | 5,000,000 | $ 5,000,000.0 | $ 5,000,000 | $ 0 |
Closing amount paid to Lime Rock | 63,599,939 |  |  |  |
Fair value of deferred payment liability | 9,415,066 |  |  |  |
Total cash consideration | 78,015,005 |  |  |  |
Direct transaction costs | 2,294,105 |  | 2,294,105 | $ 0 |
Total consideration | 87,729,921 |  |  |  |
Fair value of assets acquired: |  |  |  |  |
Oil and natural gas properties | 90,844,802 |  | 90,844,802 |  |
Fixed assets | 34,275 |  | 34,275 |  |
Amount attributable to assets acquired | 90,879,077 |  | 90,879,077 |  |
Fair value of liabilities assumed: |  |  |  |  |
Suspense liability | 561,977 |  | 561,977 |  |
Asset retirement obligations | 2,587,179 |  | 2,587,179 |  |
Amount attributable to liabilities assumed | 3,149,156 |  | 3,149,156 |  |
Net assets acquired | $ 87,729,921 |  | $ 87,729,921 |  |

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