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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Capitalized Costs Related to the Exploration and Development of Crude Oil and Natural Gas Properties Capitalized costs are summarized as follows for the years ended December 31, 2024, 2023 and 2022, respectively:
 December 31,
(In thousands)202420232022
Capitalized Certain Payroll and Other Internal Costs$788 $1,036 $1,045 
Capitalized Interest Costs2,383 2,999 3,365 
Total$3,172 $4,036 $4,410 
The costs incurred in crude oil and natural gas acquisition, exploration and development activities are highlighted in the table below.

 December 31,
 (In thousands)202420232022
Costs Incurred for the Year:
Proved Property Acquisition and Other$924,454 $1,288,437 $1,036,412 
Unproved Property Acquisition23,363 $3,414 $51,097 
Development936,959 639,203 386,972 
Total$1,884,776 $1,931,054 $1,474,482 
The Company is unable to predict the future impact on depletion rates.  The following is a summary of capitalized costs excluded from depletion at December 31, 2024 by year incurred.
 December 31,
(In thousands)202420232022Prior Years
Property Acquisition$23,563 $1,217 $8,828 $9,094 
Development— — — — 
Total$23,563 $1,217 $8,828 $9,094 
Schedule of Depletion and Depletion Per BOE Sold The following table presents depletion and depletion per BOE sold of the Company’s proved oil and natural gas properties for the periods presented:
Year Ended December 31,
(In thousands)202420232022
Depletion of Proved Oil and Natural Gas Properties$736,600 $482,306 $248,252 
Depletion per BOE Produced$16.22 $13.37 $9.01 
Schedule of Disaggregation of Revenue The following tables present the disaggregation of the Company’s oil revenues and natural gas and NGL revenues for the years ended December 31, 2024, 2023 and 2022.
 Twelve Months Ended December 31,
(In thousands)202420232022
Oil Sales$1,897,857 $1,646,096 $1,474,610 
Natural Gas and NGL Sales254,222 251,683 511,188 
Total$2,152,079 $1,897,779 $1,985,798 
Schedule of Supplemental Cash Flow Information
The following table reflects the Company’s supplemental cash flow information for the years ended December 31, 2024, 2023 and 2022:

December 31,
(In thousands)202420232022
Supplemental Cash Items:
Cash Paid During the Period for Interest, Net of Amount Capitalized$152,061 $128,943 $74,933 
Cash Paid During the Period for Income Taxes332 3,826 3,672 
Non-cash Investing Activities:
Capital Expenditures on Oil and Natural Gas Properties Included in Accounts Payable and Accrued Liabilities330,977 236,314 163,059 
Capitalized Asset Retirement Obligations8,028 5,413 3,917 
Contingent Consideration— — 11,966 
Compensation Capitalized on Oil and Natural Gas Properties786 280 218 
Issuance of Common Stock Warrants - Acquisitions of Oil and Natural Gas Properties— — 17,870 
Accrued Liabilities From Acquisitions of Oil and Natural Gas Properties— 5,168 — 
Issuance of Common Stock - Acquisitions of Oil and Natural Gas Properties3,737 — — 
Non-cash Financing Activities:
Common Stock Dividends Declared, but not paid42,156 40,496 19,546 
Issuance of Common Stock for Preferred Stock Exchange— — 36,627 
Issuance of Common Stock Warrants - Acquisitions of Oil and Natural Gas Properties— — 17,870 
Issuance of Common Stock in Exchange for Warrants23,338 13,328 76,904 
Repurchases of Common Stock - Excise Tax944 — —