v3.25.2
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net
Intangible assets, net consisted of the following as of June 30, 2025 and December 31, 2024 (in thousands):

 June 30,
2025		December 31,
2024
Intangible assets, at cost:  
Saltwater disposal easement$17,557 $17,557 
Contracts acquired in a business combination15,700 15,700 
Groundwater rights acquired3,846 3,846 
Total intangible assets, at cost (1)
37,103 37,103 
Less: accumulated amortization(3,086)(1,915)
Intangible assets, net$34,017 $35,188 
(1)The remaining weighted average amortization period for total intangible assets was 10.8 years as of June 30, 2025.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated future amortization expense of intangible assets for each of the next five years and thereafter is as follows (in thousands):
YearEstimated Future Amortization Expense
Remainder of 2025$1,171 
20262,342 
20272,342 
20282,342 
20292,342 
2030 and thereafter23,478 
Total expected amortization expense$34,017