v3.25.2
CRUDE OIL AND NATURAL GAS PROPERTIES (Tables)
 6 Months Ended
Jun. 30, 2025
Oil and Gas Disclosure [Abstract]  
Schedule of Fair Values of the Assets and Liabilities as of the Date of Acquisition The following table reflects the fair values of the net assets and liabilities as of the closing date of the acquisition:
(In thousands)
Fair value of net assets:
Proved oil and natural gas properties$151,912 
Total assets acquired151,912 
Asset retirement obligations(380)
Net assets acquired$151,531 
Fair value of consideration paid for net assets:
Cash consideration$147,794 
Non-cash consideration3,737 
Total fair value of consideration transferred$151,531