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Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregated Revenue

The following table presents our disaggregated revenue by major source and geographic area for the three and six months ended June 30, 2020 and 2019.

		Three Months Ended June 30,								Six Months Ended June 30,
		2020				2019				2020				2019
		(in thousands)
Revenue:
North Dakota
Oil		$	142			$	637			$	631			$	1,159
Natural gas and liquids (1)			(17	)			42				32				93
Total		$	125			$	679			$	663			$	1,252
Texas
Oil		$	59			$	1,123			$	425			$	2,016
Natural gas and liquids			5				70				24				165
Total		$	64			$	1,193			$	449			$	2,181
Total revenue		$	189			$	1,872			$	1,112			$	3,433

⁽¹⁾ Negative natural gas and liquids revenue represents a reversal of an over accrual at March 31, 2020 of $22 thousand and a negative realized price of $0.95 per Mcfe during the three months ended June 30, 2020.

Schedule of Concentration Risk by Operator

During the six-month periods ended June 30, 2020 and 2019, the joint interest operators that accounted for 10% or more of the Company’s total oil and natural gas revenue for at least one of the periods presented are as follows:

Operator		2020				2019
CML Exploration LLC			37	%			52	%
Zavanna LLC			44	%			29	%

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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.

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Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.

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