Quarterly report [Sections 13 or 15(d)]

Oil and Gas Producing Activities (Tables)

v3.25.3
Oil and Gas Producing Activities (Tables)
 9 Months Ended
Sep. 30, 2025
Extractive Industries [Abstract]  
Schedule of Oil and Natural Gas Aggregate Capitalized Costs and Applicable Accumulated Depreciation
Aggregate capitalized costs related to oil and natural gas production activities with applicable accumulated depletion are as follows (in thousands):
September 30,
2025		 December 31,
2024
Oil, natural gas and NGL interests
Proved $ 190,101  $ 150,984 
Unproved 256,638  296,087 
Total oil, natural gas and NGL interests 446,739  447,071 
Less: accumulated depletion (40,822) (14,670)
Royalty interests, net $ 405,917  $ 432,401