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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Schedule of Percent of Consolidated Revenue of Major Customers, Those Whose Total Represented 10% or More of Oil, Natural Gas and NGL Revenues

The percent of consolidated revenue of major customers, those whose total represented 10% or more of the Company’s oil, natural gas and NGL revenues, was as follows:

 

Year Ended December 31,

 

 

2023

 

2022

 

2021

 

Shell Trading (US) Company

 

54

%

 

44

%

 

45

%

Valero Energy Corporation

 

21

%

 

23

%

**

 

Chevron Products Company

**

 

 

11

%

 

29

%

 

** Less than 10%

Schedule of Cash and Cash Equivalents

The following table provides a reconciliation of the amount of cash, cash equivalents and restricted cash reported within the Consolidated Balance Sheets to the total of the same such amounts shown in the Consolidated Statement of Cash Flows (in thousands):

 

Year Ended December 31,

 

 

2023

 

2022

 

Cash and cash equivalents

$

33,637

 

$

44,145

 

Restricted cash included in Other long-term assets

 

102,362

 

 

 

Total cash, cash equivalent and restricted cash

$

135,999

 

$

44,145