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REVENUES (Tables)
12 Months Ended
Dec. 31, 2023
Revenue  
SCHEDULE OF GROSS OIL AND GAS REVENUE DISAGGREGATED BY REVENUE

The following table presents the Company’s gross oil and gas revenue disaggregated by revenue source:

 

   2023   2022 
   December 31, 
   2023   2022 
         
Oil revenue  $59,749   $42,795 
Natural gas revenue   1,742    2,759 
NGL revenue   2,899    2,822 
Total oil and natural gas revenues   64,390    48,376 
Less: Royalties   (13,793)   (10,816)
Oil and natural gas revenues, net of royalties  $50,597   $37,560