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SUPPLEMENTAL OIL AND GAS INFORMATION (UNAUDITED) (Tables)
 12 Months Ended
Dec. 31, 2024
Extractive Industries [Abstract]  
Schedule of Costs Incurred in Crude Oil and Natural Gas Acquisition, Exploration and Development Activities 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 Estimates of Its Proved Crude Oil and Natural Gas Reserves
The following tables present the Company’s estimates of its proved crude oil and natural gas reserves.  The Company emphasizes that reserves are approximations and are expected to change as additional information becomes available.  Reservoir engineering is a subjective process of estimating underground accumulations of crude oil and natural gas that cannot be measured in an exact way, and the accuracy of any reserve estimate is a function of the quality of available data and of engineering and geological interpretation and judgment.

(In thousands)Natural Gas
(MCF)		Oil
(BBLS)		BOE
Proved Developed and Undeveloped Reserves at December 31, 2021937,724 131,395 287,682 
Revisions of Previous Estimates(14,678)(2,787)(5,233)
Extensions, Discoveries and Other Additions54,431 22,563 31,635 
Purchases of Minerals in Place99,760 27,660 44,286 
Production(68,829)(16,090)(27,562)
Proved Developed and Undeveloped Reserves at December 31, 20221,008,407 162,741 330,808 
Revisions of Previous Estimates(166,121)(33,954)(61,641)
Extensions, Discoveries and Other Additions67,796 28,123 39,422 
Purchases of Minerals in Place190,376 35,446 67,176 
Production(84,342)(22,013)(36,070)
Proved Developed and Undeveloped Reserves at December 31, 20231,016,116 170,342 339,695 
Revisions of Previous Estimates48,519 (5,116)2,970 
Extensions, Discoveries and Other Additions98,001 20,465 36,798 
Purchases of Minerals in Place51,078 35,932 44,444 
Production(113,476)(26,511)(45,423)
Proved Developed and Undeveloped Reserves at December 31, 20241,100,238 195,112 378,484 
Proved Developed Reserves:  
December 31, 2022611,856 112,626 214,602 
December 31, 2023677,979 121,865 234,861 
December 31, 2024855,560 135,557 278,151 
Proved Undeveloped Reserves:  
December 31, 2022396,551 50,115 116,207 
December 31, 2023338,138 48,477 104,833 
December 31, 2024244,677 59,554 100,333 
Schedule of Standardized Measure of Discounted Future Net Cash Flows
The following table presents a standardized measure of discounted future net cash flows relating to proved crude oil and natural gas reserves, and the changes in standardized measure of discounted future net cash flows relating to proved crude oil and natural gas were prepared in accordance with the provisions of ASC 932 Extractive Activities - Oil and Gas. Future cash inflows were computed by applying average prices of crude oil and natural gas for the last 12 months to estimated future production. Future production and development costs were computed by estimating the expenditures to be incurred in developing and producing the proved crude oil and natural gas reserves at the end of the year, based on year-end costs and assuming continuation of existing economic conditions.  Future income tax expenses were calculated by applying appropriate year-end tax rates to future pretax cash flows relating to proved crude oil and natural gas reserves, less the tax basis of properties involved and tax credits and loss carry forwards relating to crude oil and natural gas producing activities.  Future net cash flows are discounted at the rate of 10% annually to derive the standardized measure of discounted future cash flows. Actual future cash inflows may vary considerably, and the standardized measure does not necessarily represent the fair value of the Company’s crude oil and natural gas reserves. All estimated future costs to settle the Company’s asset retirement obligations have been included in our calculation of the standardized measure for each period presented.

 December 31,
(In thousands)202420232022
Future Cash Inflows$15,999,589 $16,008,048 $22,452,776 
Future Production Costs(6,534,021)(6,627,373)(6,820,784)
Future Development Costs(1,443,877)(1,358,405)(1,145,225)
Future Income Tax Expense(1,324,433)(1,380,854)(2,764,111)
Future Net Cash Inflows$6,697,258 $6,641,417 $11,722,656 
10% Annual Discount for Estimated Timing of Cash Flows(2,466,336)(2,485,180)(5,285,758)
Standardized Measure of Discounted Future Net Cash Flows$4,230,922 $4,156,237 $6,436,898 
Schedule of Prices for Reserve Estimates The prices for the Company’s reserve estimates were as follows:
Natural Gas
MCF
Oil
Bbl
December 31, 2024$2.02 $70.60 
December 31, 2023$3.10 $75.51 
December 31, 2022$7.43 $91.95 
Schedule of Changes in the Standardized Measure of Discounted Future Net Cash Flows at 10%
Changes in the Standardized Measure of Discounted Future Net Cash Flows at 10% per annum follow:

 December 31,
(In thousands)202420232022
Beginning of Period$4,156,237 $6,436,898 $2,890,109 
Sales of Oil and Natural Gas Produced, Net of Production Costs(1,565,196)(1,390,656)(1,566,927)
Extensions and Discoveries481,810 683,258 888,067 
Previously Estimated Development Cost Incurred During the Period
462,375 327,768 147,439 
Net Change of Prices and Production Costs(517,053)(3,241,176)3,424,794 
Change in Future Development Costs(62,361)(237,627)141,884 
Revisions of Quantity and Timing Estimates(211,356)(1,061,840)(134,880)
Accretion of Discount500,409 790,216 334,109 
Change in Income Taxes8,921 617,405 (1,014,277)
Purchases of Minerals in Place929,740 1,200,155 1,157,060 
Other47,396 31,835 169,521 
End of Period$4,230,922 $4,156,237 $6,436,898