Natural Gas and Oil Reserves Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2023

Extractive Industries [Abstract]

Summary of Changes in Net Quantities of Proved Natural Gas and Oil Reserves

Set forth below is a summary of the Company's proved natural gas and oil reserves:

	Year Ended December 31,
	2023						2022						2021
	Oil (MBbls)			Natural Gas (MMcf)			Oil (MBbls)			Natural Gas (MMcf)			Oil (MBbls)			Natural Gas (MMcf)
Proved Reserves:
Beginning of period		549			6,697,570			627			6,118,083			11,000			5,562,876
Revisions of previous estimates		(47	)		(1,803,628	)		(61	)		(6,870	)		145			88,546
Extensions and discoveries		116			570,751			137			1,090,420			—			797,198
Acquisitions of minerals in place		—			—			6			260			—			202,588
Sales of minerals in place		—			—			(78	)		(3,707	)		(9,308	)		(43,851	)
Production		(70	)		(524,467	)		(82	)		(500,616	)		(1,210	)		(489,274	)
End of period		548			4,940,226			549			6,697,570			627			6,118,083
Proved Developed Reserves:
Beginning of period		480			2,531,462			627			2,245,660			11,000			1,967,288
End of period		548			2,734,175			480			2,531,462			627			2,245,660
Proved Undeveloped Reserves:
Beginning of period		69			4,166,108			—			3,872,423			—			3,595,588
End of period		—			2,206,051			69			4,166,108			—			3,872,423

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

The following table sets forth the standardized measure of discounted future net cash flows relating to proved reserves:

	As of December 31,
	2023			2022			2021
	(In thousands)
Cash Flows Relating to Proved Reserves:
Future Cash Flows	$	11,829,623		$	40,405,829		$	20,396,381
Future Costs:
Production		(4,019,901	)		(5,473,650	)		(3,954,726	)
Development and Abandonment		(2,285,853	)		(4,175,721	)		(2,752,603	)
Future Income Taxes		(341,677	)		(5,741,914	)		(2,065,316	)
Future Net Cash Flows		5,182,192			25,014,544			11,623,736
10% Discount Factor		(2,807,562	)		(12,404,908	)		(5,848,131	)
Standardized Measure of Discounted Future Net Cash Flows	$	2,374,630		$	12,609,636		$	5,775,605

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

The following table sets forth the changes in the standardized measure of discounted future net cash flows relating to proved reserves:

	Year Ended December 31,
	2023			2022			2021
	(In thousands)
Standardized Measure, Beginning of Year	$	12,609,636		$	5,775,605		$	1,935,725
Net change in sales price, net of production costs		(14,069,134	)		8,600,315			5,012,696
Development costs incurred during the year which were previously estimated		1,004,650			788,450			502,674
Revisions of quantity estimates		(1,583,876	)		(42,423	)		119,200
Accretion of discount		1,551,704			680,010			199,124
Changes in future development and abandonment costs		1,095,844			(869,115	)		1,505
Changes in timing and other		(374,087	)		(113,744	)		(224,617	)
Extensions and discoveries		215,249			2,456,124			679,418
Acquisitions of minerals in place		—			604			150,065
Sales of minerals in place		—			(3,313	)		(64,032	)
Sales, net of production costs		(855,699	)		(2,779,960	)		(1,567,182	)
Net changes in income taxes		2,780,343			(1,882,917	)		(968,971	)
Standardized Measure, End of Year	$	2,374,630		$	12,609,636		$	5,775,605

Summary of Prices Used in Determining Natural Gas and Oil Reserves Quantities and Cash Flows

Prices used in determining natural gas and oil reserves quantities and cash flows are as follows:

	Year Ended December 31,
	2023		2022		2021
Crude Oil: $/barrel	$	72.63	$	91.21	$	62.38
Natural Gas: $/Mcf	$	2.39	$	6.03	$	3.33