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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2025
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. Amounts below for the Uinta Basin reflect activity for the three and six months ended June 30, 2025. There is no comparable activity for the three and six months ended June 30, 2024, because the Uinta Basin assets were acquired on October 1, 2024.
Midland BasinSouth Texas
Uinta Basin
Total
Three Months Ended
June 30,
Three Months Ended
June 30,
Three Months Ended
June 30,
Three Months Ended
June 30,
20252024202520242025202420252024
(in thousands)
Oil production revenue$314,535$378,830$113,480$153,724$225,363$$653,378$532,554
Gas production revenue27,21522,83344,48122,3526,29877,99445,185
NGL production revenue10913453,52155,5787453,70455,712
Total$341,859$401,797$211,482$231,654$231,735$$785,076$633,451
Relative percentage43 %63 %27 %37 %30 %— %100 %100 %
Midland BasinSouth Texas
Uinta Basin
Total
Six Months Ended
June 30,
Six Months Ended
June 30,
Six Months Ended
June 30,
Six Months Ended
June 30,
20252024202520242025202420252024
(in thousands)
Oil production revenue$650,962$711,021$230,894$262,427$429,993$$1,311,849$973,448
Gas production revenue83,42863,37198,90049,65815,760198,088113,029
NGL production revenue262218114,423106,35274114,759106,570
Total$734,652$774,610$444,217$418,437$445,827$$1,624,696$1,193,047
Relative percentage45 %65 %27 %35 %28 %— %100 %100 %