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COMMITMENTS AND CONTINGENCIES (Details) $ in Millions | 1 Months Ended | 12 Months Ended
--- | --- | ---
May 31, 2022 MMcf / d | Dec. 31, 2023 USD ($) MMcf / d $ / Mcf
Obligations under drilling rig commitments |  |
Commitment next year |  | $ 7.3
Drilling rig commitment |  | 1.5
Early termination penalty |  | $ 1.3
Minimum volume commitment | MMcf / d | 20,000 |
Volume commitment term | 5 years |
Minimum |  |
Obligations under drilling rig commitments |  |
Treating rate paid | $ / Mcf |  | 1.65
Gathering, transportation and sales | West Texas | Minimum |  |
Obligations under drilling rig commitments |  |
Period of commitment for production from the date of first production |  | 1 year
Gathering, transportation and sales | West Texas | Maximum |  |
Obligations under drilling rig commitments |  |
Period of commitment for production from the date of first production |  | 20 years
Plan |  |
Obligations under drilling rig commitments |  |
Minimum volume commitment | MMcf / d |  | 12,000

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