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OIL AND NATURAL GAS PROPERTIES (Tables)
9 Months Ended
Sep. 30, 2024
Extractive Industries [Abstract]  
Schedule of Segment Allocation for Business Combinations
The following tables present the working interests each farmout partner will earn within the contract area under the San Augustine farmout agreements:
Brent Miller Area
Farmout Partner% of Partnership's Working InterestMaximum % on an 8/8ths basis
Canaan64.0 %32.0 %
Azul20.0 %10.0 %
Former JWM Interest16.0 %8.0 %
Total100.0 %50.0 %
Other Areas
Farmout Partner% of Partnership's Working InterestMaximum % on an 8/8ths basis
Canaan40.0 %10.0 %
Azul50.0 %12.5 %
Former JWM Interest10.0 %2.5 %
Total100.0 %25.0 %