| Schedule of Property and Equipment |
The Company’s property and equipment consists of the following (in thousands): | | | | | | | | | | | | | June 30,
2025 | | December 31,
2024 | | Oil and natural gas properties | | | | | Proved properties | $ | 2,621,011 | | | $ | 2,419,998 | | | Accumulated depreciation, depletion and amortization | (641,942) | | | (520,641) | | | Oil and natural gas properties, net | 1,979,069 | | | 1,899,357 | | | Other property and equipment | | | | | Gas gathering system | 40,051 | | | 35,241 | | | Gas processing plants | 36,040 | | | 35,949 | | | Water disposal assets | 30,061 | | | 28,977 | | | Other assets | 19,309 | | | 15,308 | | | Total other property and equipment | 125,461 | | | 115,475 | | | Accumulated depreciation, depletion and amortization | (28,694) | | | (23,710) | | | Total other property and equipment, net | $ | 96,767 | | | $ | 91,765 | |
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