Note 5 - Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Derivative Instruments, Gain (Loss) [Table Text Block]

	Year Ended December 31,
	2024			2023			2022
Noncash gain (loss) on derivative instruments, net	$	(32,218	)	$	51,796		$	(1,909	)
Cash paid on settlement of derivative instruments, net		(14,246	)		(24,194	)		(58,096	)
Gain (loss) on derivative instruments, net	$	(46,464	)	$	27,602		$	(60,005	)

Schedule of Price Risk Derivatives [Table Text Block]

						Swaps		Collars, Enhanced Collars & Deferred Premium Puts
Settlement Month	Settlement Year	Type of Contract	Bbls Per Day		Index	Price per Bbl		Floor or Strike Price per Bbl		Ceiling Price per Bbl		Deferred Premium Payable per Bbl
Crude Oil:
Jan - Mar	2025	Swap		7,467	WTI Cushing	$	74.69	$	—	$	—	$	—
Jan - Mar	2025	Collar		11,000	WTI Cushing	$	—	$	63.64	$	86.66	$	1.54
Jan - Mar	2025	Put		9,000	WTI Cushing	$	—	$	65.78	$	—	$	5.00
Apr - Jun	2025	Swap		5,500	WTI Cushing	$	76.37	$	—	$	—	$	—
Apr - Jun	2025	Collar		7,989	WTI Cushing	$	—	$	64.38	$	88.55	$	2.00
Apr - Jun	2025	Put		9,000	WTI Cushing	$	—	$	65.78	$	—	$	5.00
Jul - Sep	2025	Swap		3,000	WTI Cushing	$	75.85	$	—	$	—	$	—
Jul - Sep	2025	Collar		7,000	WTI Cushing	$	—	$	65.00	$	90.08	$	2.28
Jul - Sep	2025	Put		2,000	WTI Cushing	$	—	$	65.78	$	—	$	5.00

Schedule of Derivative Assets and Liabilities By Counterparty [Table Text Block]

	As of December 31, 2024
Mercuria Energy Trading SA	$	3,693
Fifth Third Bank, National Association		2,735
Wells Fargo Bank, National Association		(811	)
Macquarie Bank Limited		(3,415	)
	$	2,202