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Supplemental Oil and Gas Information (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2024
Oil and Gas Disclosure [Abstract]  
Schedule of Aggregate Capitalized Costs Related to Oil and Natural Gas Production Activities The following is a summary of oil and natural gas properties as of December 31, 2024 and 2023 (in thousands):
Oil and natural gas properties:December 31,
2024		December 31,
2023
Unproved properties$2,464,836 $2,698,991 
Proved properties2,941,347 2,377,196 
Oil and natural gas properties, gross5,406,183 5,076,187 
Accumulated depletion and impairment(816,664)(496,879)
Oil and natural gas properties, net$4,589,519 $4,579,308 
Aggregate capitalized costs related to oil and natural gas production activities with applicable accumulated depreciation, depletion and amortization are as follows (in thousands):
 December 31, 2024December 31, 2023
Oil and natural gas interests:
Unproved$2,464,836 $2,698,991 
Proved2,941,347 2,377,196 
Total oil and natural gas interests5,406,183 5,076,187 
Accumulated depletion and impairment(816,664)(496,879)
Net oil and natural gas interests capitalized$4,589,519 $4,579,308 
Schedule of Costs Incurred in Oil and Natural Gas Property Acquisition, Exploration and Development Activities
Costs incurred in oil and natural gas property acquisition, exploration and development activities are as follows (in thousands):
 December 31, 2024December 31, 2023
Acquisition costs  
Unproved properties$30,799 $76,863 
Proved properties299,086 93,682 
Total$329,885 $170,545 
Schedule of Revenues and Expenses Related to Production and Sale of Oil and Natural Gas
The following schedule sets forth the revenues and expenses related to the production and sale of oil and natural gas (in thousands). It does not include any interest costs or general and administrative costs and, therefore, is not necessarily indicative of the net operating results of the Company’s oil, natural gas and NGL operations.
 Years Ended December 31,
 202420232022
Oil, natural gas and natural gas liquids revenues$611,070 $574,542 $355,430 
Production taxes and other(46,383)(46,939)(25,572)
Depletion(319,785)(290,809)(103,898)
Impairment of oil and natural gas properties— (25,617)— 
Income tax expense(53,878)(46,459)(5,681)
Results of operations from oil, natural gas and natural gas liquids$191,024 $164,718 $220,279 
Schedule of Net Ownership Interest in Estimated Quantities of Proved Developed and Undeveloped Oil and Natural Gas Quantities and Changes
The following table sets forth information regarding the Company’s net ownership interest in estimated quantities of proved developed and undeveloped oil and natural gas quantities and the changes therein for each of the periods presented:
Oil
(MBbls)
Natural Gas
(MMcf)
Natural Gas Liquids
(MBbls)
Total
(MBOE) (1)
Balance as of December 31, 202111,84446,3435,02324,592
Revisions(231)2,9261,0931,349
Extensions3,2808,9861,1605,938
Acquisition of reserves23,025110,71812,18353,660
Production(2,861)(9,531)(1,100)(5,550)
Balance as of December 31, 202235,057159,44218,35979,989
Revisions(994)(289)1,394352
Extensions9,25726,7103,72317,431
Acquisition of reserves2,6829,5721,5255,803
Divestiture of reserves(826)(22,029)(843)(5,340)
Production(6,344)(23,136)(2,742)(12,942)
Balance as of December 31, 202338,832150,27021,41685,293
Revisions(1,270)9,3818631,157
Extensions6,29722,0663,13213,106
Acquisition of reserves5,20941,5876,13118,271
Production(7,004)(23,360)(3,174)(14,071)
Balance as of December 31, 2024
42,064199,94428,368103,756
(1) Includes a 48% noncontrolling interest in the Company at December 31, 2024, 2023, 2022 and 2021.
Proved developed and undeveloped reserves:
Oil
(MBbls)
Natural Gas
(MMcf)
Natural Gas Liquids
(MBbls)
Total
(MBOE)
Developed as of December 31, 20219,28540,7474,41720,494
Undeveloped as of December 31, 20212,5595,5966064,098
Balance at December 31, 202111,84446,3435,02324,592
 
Developed as of December 31, 202227,407133,48915,16964,824
Undeveloped as of December 31, 20227,65025,9533,19015,165
Balance at December 31, 202235,057159,44218,35979,989
 
Developed as of December 31, 202330,537127,17018,16769,899
Undeveloped as of December 31, 20238,29523,1003,24915,394
Balance at December 31, 202338,832150,27021,41685,293
 
Developed as of December 31, 202436,384179,05625,36891,595
Undeveloped as of December 31, 20245,68020,8883,00012,161
Balance at December 31, 202442,064199,94428,368103,756
Schedule of Values of Proved Reserves Derived Based on Prices
 
Oil
(Bbl)
Natural Gas
(Mcf)
NGLs (Bbl)
December 31, 2024 (Average)$73.94 $0.77 $17.98 
December 31, 2023 (Average)$77.20 $1.75 $20.22 
December 31, 2022 (Average)$93.05 $5.70 $34.97 
Schedule of Future Net Cash Flows Related to Proved Oil and Gas Reserves
The following summary sets forth the future net cash flows related to proved oil and gas reserves based on the standardized measure prescribed in ASC Topic 932 (in thousands):
 Year Ended December 31,
 202420232022
Future oil and natural gas sales$3,774,955 $3,694,666 $4,812,767 
Future production costs(295,266)(293,754)(404,982)
Future income tax expense(223,975)(233,754)(438,049)
Future net cash flows3,255,714 3,167,158 3,969,736 
10% annual discount
(1,494,194)(1,408,828)(1,792,681)
Standardized measure of discounted future net cash flows (1)
$1,761,520 $1,758,330 $2,177,055 
(1) Includes a 48% noncontrolling interest in the Company at December 31, 2024, 2023 and 2022.
Schedule of Principal Sources of Change in Standardized Measure of Discounted Future Net Cash Flows
The principal sources of change in the standardized measure of discounted future net cash flows are (in thousands):
 Year Ended December 31,
 202420232022
Balance at the beginning of the period$1,758,330 $2,177,055 $535,303 
Net change in prices and production costs(207,068)(772,593)250,889 
Sales, net of production costs(564,349)(527,603)(329,858)
Extensions and discoveries322,804 505,597 234,973 
Acquisitions of reserves290,086 126,066 1,645,909 
Divestiture of reserves— (116,884)— 
Revisions of previous quantity estimates15,560 7,589 40,803 
Net change in income taxes10,506 110,549 (244,815)
Accretion of discount189,550 242,477 53,820 
Changes in timing and other(53,899)6,077 (9,969)
Balance at the end of the period$1,761,520 $1,758,330 $2,177,055