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v3.26.1

Segment Information - Schedule of Segment Information (Details) - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2026 | Mar. 31, 2025
Segment Reporting Information [Line Items] |  |  |
Total revenues |  | $ 154,872,000 | $ 85,165,000
Less: |  |  |
Gathering, processing, and transportation |  | 19,723,000 | 12,070,000
Lease operating |  | 8,916,000 | 6,772,000
Midstream operations and maintenance expense |  | 1,478,000 | 662,000
Depreciation, depletion, and amortization |  | 35,660,000 | 21,258,000
General and administrative | [1] | 21,413,000 | 131,750,000
Net loss |  | (6,343,000) | (128,362,000)
Interest, net |  | 5,800,000 | 3,100,000
Gain (loss) on derivative instruments |  | (65,134,000) | (37,218,000)
Other expense |  | (1,101,000) | (63,000)
Income tax expense (benefit) |  | (348,000) | 35,000
Reportable Segment |  |  |
Segment Reporting Information [Line Items] |  |  |
Total revenues |  | 154,872,000 | 85,165,000
Less: |  |  |
Gathering, processing, and transportation |  | 19,723,000 | 12,070,000
Lease operating |  | 8,916,000 | 6,772,000
Production and ad valorem taxes |  | 2,349,000 | 632,000
Midstream operations and maintenance expense |  | 1,478,000 | 662,000
Depreciation, depletion, and amortization |  | 35,660,000 | 21,258,000
General and administrative |  | 21,413,000 | 131,750,000
Other segment (income)/expenses |  | 71,676,000 | 40,383,000
Net loss |  | (6,343,000) | (128,362,000)
Other expense |  | $ (1,100,000) | $ (100,000)
[1] | General and administrative expense includes share-based compensation of $126.1 million for the three months ended March 31, 2025, incurred in connection with the Company's initial public offering (“IPO”).

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