Quarterly report [Sections 13 or 15(d)]

Oil and Gas Producing Activities (Tables)

v3.26.1
Oil and Gas Producing Activities (Tables)
3 Months Ended
Mar. 31, 2026
Extractive Industries [Abstract]  
Schedule of Oil and Gas Aggregate Capitalized Costs and Applicable Accumulated Depreciation
Aggregate capitalized costs related to oil and gas production activities with applicable accumulated depletion are as follows (in thousands):
March 31,
2026
December 31,
2025
Oil, natural gas and NGL interests
Proved $ 380,495  $ 369,282 
Unproved 516,942  528,155 
Total oil, natural gas and NGL interests 897,437  897,437 
Less: accumulated depletion (65,987) (57,413)
Net oil, natural gas and NGL interests capitalized $ 831,450  $ 840,024