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REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following table presents revenues disaggregated by product:

			For the Three Months Ended												For the Six Months Ended
			June 30, 2025						June 30, 2024						June 30, 2025						June 30, 2024
Oil, Natural Gas, and Natural Gas Liquids Revenues
Oil			$	82,778,476					$	99,289,498					$	159,283,526					$	191,584,083
Natural gas (1)			(2,238,937)						(2,972,807)						(2,541,664)						(3,791,042)
Natural gas liquids			2,063,220						2,822,658						4,952,104						5,849,444
Total oil, natural gas, and natural gas liquids revenues			$	82,602,759					$	99,139,349					$	161,693,966					$	193,642,485

(1) In the three and six months ended June 30, 2025 and 2024, the Company experienced a net negative total gas revenue, due to a lower gross realized sales prices per Mcf compared with the plant fees per Mcf.

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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- References

No definition available.

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