Oil and Gas Properties (Tables)

3 Months Ended

Mar. 31, 2025

Oil and Gas Disclosure [Abstract]

Summary of Oil and Gas Properties, Net Consist

Oil and gas properties, net consist of the following:


(in thousands)		March 31, 2025				December 31, 2024
Proved oil and natural gas properties (a)		$	800,805			$	687,366
Unproved oil and natural gas properties			393,281				318,855

Total oil and gas properties			1,194,086				1,006,221
Less: Accumulated depletion			(171,634	)			(140,376	)

Oil and gas properties, net		$	1,022,452			$	865,845

(a)	Represents proved and undeveloped (i.e., wells in progress) and proved and producing properties.