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REVENUE (Tables)
 12 Months Ended
Dec. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of revenue
The following table disaggregates the Company’s revenue by contract type (in thousands) for the year ended December 31, 2019:
Year Ended December 31, 2019
Short-term contracts
 
Long-term contracts
 
Total
Crude oil
$
9,711

 
$
49,304

 
$
59,015

Natural gas
220

 
2,960

 
3,180

NGLs
188

 
3,680

 
3,868
Company's major customers as a percentage of total revenue
During the year ended December 31, 2019, the Company’s major customers as a percentage of total revenue consisted of the following:
 
Year ended December 31,
 
2019
 
2018
ARM Energy Management, LLC
68
%
 
—
%
Texican Crude & Hydrocarbon, LLC
19
%
 
87
%
Lucid Energy Delaware, LLC
12
%
 
10
%
Other below 10%
1
%
 
3
%
 
100
%
 
100
%