Revenue from Contracts with Customers (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of oil, gas, and NGL production revenue

The tables below present oil, gas, and NGL production revenue by product type for each of the Company’s operating areas:

	Midland Basin						South Texas						Total
	Three Months Ended June 30,						Three Months Ended June 30,						Three Months Ended June 30,
	2024			2023			2024			2023			2024			2023
	(in thousands)
Oil production revenue	$	378,830		$	302,874		$	153,724		$	120,519		$	532,554		$	423,393
Gas production revenue	22,833			36,800			22,352			32,927			45,185			69,727
NGL production revenue	134			211			55,578			53,224			55,712			53,435
Total	$	401,797		$	339,885		$	231,654		$	206,670		$	633,451		$	546,555
Relative percentage	63		%	62		%	37		%	38		%	100		%	100		%

	Midland Basin						South Texas						Total
	Six Months Ended June 30,						Six Months Ended June 30,						Six Months Ended June 30,
	2024			2023			2024			2023			2024			2023
	(in thousands)
Oil production revenue	$	711,021		$	623,009		$	262,427		$	221,222		$	973,448		$	844,231
Gas production revenue	63,371			86,589			49,658			76,869			113,029			163,458
NGL production revenue	218			388			106,352			109,256			106,570			109,644
Total	$	774,610		$	709,986		$	418,437		$	407,347		$	1,193,047		$	1,117,333
Relative percentage	65		%	64		%	35		%	36		%	100		%	100		%