Supplemental Oil and Gas Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2024

Supplemental Oil and Gas Information (Unaudited)

Schedule of Capitalized Costs Relating to Oil and Natural Gas Producing Activities

	December 31,
	2024		2023
	(In thousands)
Evaluated oil and natural gas properties	$	942,981	$	873,478
Support equipment and facilities		150,511		149,069
Accumulated depletion, depreciation, and amortization		(708,836)		(676,573)
Total	$	384,656	$	345,974

Schedule of Costs Incurred in Oil and Natural Gas Property Acquisition, Exploration and Development Activities

	For the Year Ended
	December 31,
	2024		2023
	(In thousands)
Property acquisition costs, proved	$	—	$	—
Property acquisition costs, unproved		—		—
Exploration		—		—
Development		70,945		34,742
Total	$	70,945	$	34,742

Schedule of Product Prices Used for Valuing the Reserves

The weighted-average benchmark product prices used for valuing the reserves are based upon the average of the first-day-of-the-month price for each month within the period January through December of each year presented:

	2024		2023
Oil ($/Bbl):
WTI (1)	$	75.48	$	78.22
NGL ($/Bbl):
WTI (1)	$	75.48	$	78.22
Natural Gas ($/MMbtu):
Henry Hub (2)	$	2.13	$	2.64

(1) The weighted average WTI price was adjusted by lease for quality, transportation fees, and a regional price differential.

(2) The weighted average Henry Hub price was adjusted by lease for energy content, compression charges, transportation fees, and regional price differentials.

Schedule of Net Reserves

	For the Year Ended December 31, 2024
	Oil	Gas	NGLs	Total
	(MBbls)	(MMcf)	(MBbls)	(MBoe)
Proved developed and undeveloped reserves:
Beginning of year	41,078	226,878	19,185	98,077
Production	(3,060)	(16,836)	(1,278)	(7,144)
Revision of previous estimates	2,457	(3,506)	159	2,030
End of year	40,475	206,536	18,066	92,963
Proved developed reserves:
Beginning of year	39,306	226,427	19,108	96,151
End of year	31,392	197,621	17,879	82,207
Proved undeveloped reserves:
Beginning of year	1,772	451	77	1,926
End of year	9,083	8,915	187	10,756

	For the Year Ended December 31, 2023
	Oil	Gas	NGLs	Total
	(MBbls)	(MMcf)	(MBbls)	(MBoe)
Proved developed and undeveloped reserves:
Beginning of year	47,868	312,792	24,026	124,027
Production	(2,773)	(20,297)	(1,323)	(7,479)
Revision of previous estimates	(4,017)	(65,617)	(3,518)	(18,471)
End of year	41,078	226,878	19,185	98,077
Proved developed reserves:
Beginning of period	47,010	312,185	23,928	122,969
End of period	39,306	226,427	19,108	96,151
Proved undeveloped reserves:
Beginning of period	858	607	98	1,058
End of period	1,772	451	77	1,926

Schedule of Standardized Measure of Discounted Future Net Cash Flows

	For the Year Ended
	December 31,
	2024		2023
	(In thousands)
Future cash inflows	$	3,818,663	$	4,277,014
Future production costs (1)		(2,217,101)		(2,751,065)
Future development costs (1)		(467,142)		(313,290)
Future income tax expense		(204,262)		(203,770)
Future net cash flows for estimated timing of cash flows		930,158		1,008,889
10% annual discount for estimated timing of cash flows		(321,919)		(382,759)
Standardized measure of discounted future net cash flows	$	608,239	$	626,130

(1) For the years ended December 31, 2024 and 2023, onshore abandonment costs are included in future production cost and offshore abandonment costs are included in future development costs.

Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves

	For the Year Ended
	December 31,
	2024		2023
	(In thousands)
Beginning of year	$	626,130	$	1,337,956
Changes in prices and costs		(124,770)		(798,942)
Revisions of previous quantities		142,763		(196,093)
Sale of oil and natural gas produced, net of production costs		(100,658)		(106,469)
Net change in taxes		3,356		180,530
Accretion of discount		75,701		164,937
Change in production rates and other		(23,979)		38,174
Net changes in future development costs		(2,985)		(3,669)
Previously estimated development costs incurred		12,681		9,706
End of year	$	608,239	$	626,130