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Segment Information
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has one reportable segment, which is engaged in the acquisition, exploration, development and production of crude oil and natural gas in the United States. All of our oil and natural gas sales come from customers in the United States. The segment’s revenues are primarily derived from our interests in the sales of crude oil and natural gas production. The Company’s chief operating decision maker (“CODM”) is our chief executive officer, who manages the Company’s business activities as a single operating and reporting segment.
The accounting policies of the one reportable segment are the same as those described in the summary of significant accounting policies. The CODM uses net income, as reported in our statement of operations, to measure segment profit or loss, assess performance, and make strategic capital resources allocations. The measure of segment assets is reported on our balance sheet as total assets. The significant expense categories regularly provided to the CODM are the expenses as noted on the face of the statements of operations. See our Condensed Consolidated Statement of Operations. 
The following table provides information about the Company’s one reportable segment and includes the reconciliation to consolidated net income:
 For the Three Months Ended March 31,
 20262025
Total revenues
154,87285,165
Less:
Gathering, processing, and transportation
19,72312,070
Lease operating
8,9166,772
Production and ad valorem taxes
2,349632
Midstream operations and maintenance expense1,478662
Depreciation, depletion, and amortization
35,66021,258
General and administrative
21,413131,750
Other segment (income)/expenses(1)
71,67640,383
Segment income
$(6,343)$(128,362)
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(1) Other segment (income) expenses are comprised of net interest expense of $5.8 million and $3.1 million for the three months ended March 31, 2026 and 2025, respectively, gain (loss) on derivative instruments of $(65.1) million and $(37.2) million for the three months ended March 31, 2026 and 2025, respectively, other income (loss) of $(1.1) million and $(0.1) million for the three months ended March 31, 2026 and 2025, respectively and income tax expense (benefit) of $(0.3) million for the three months ended March 31, 2026.