v3.25.4
Transactions (Details)
ft in Thousands, $ in Millions
12 Months Ended 48 Months Ended
Dec. 08, 2025
USD ($)
Dec. 05, 2025
USD ($)
a
Dec. 11, 2024
Feb. 17, 2021
tranche
Jun. 15, 2020
USD ($)
ft
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2024
USD ($)
Mar. 31, 2023
Dec. 31, 2022
Transactions                          
Additional working and royalty interests acquired, before closing adjustments           $ 260              
HG Acquisition                          
Transactions                          
Amount deposited in escrow $ 210                        
HG Energy II Production Holdings, LLC                          
Transactions                          
Percentage of interest acquired   100.00%                      
Cash   $ 2,800                      
Area Of Land Acquired | a   385,000                      
HG Energy II Midstream Holdings, LLC                          
Transactions                          
Percentage of interest acquired   100.00%                      
Cash   $ 1,100                      
ORRI                          
Transactions                          
Initial PDP Override (as a percent)         1.25%                
Development Override (as a percent)         3.75%                
Horizontal wells turned to sales, threshold one (in lateral feet) | ft         2,200                
Horizontal wells turned to sales, threshold two (in lateral feet) | ft         3,820                
Incremental override (percentage)         2.00%                
Portion Of overriding royalty interest remaining with Martica                       0.48%  
Portion of Incremental Override remaining with Martica                       24.00%  
Percentage of distributions received         85.00%                
Percentage of distributions received on Incremental Override         76.00%                
ORRI | Sixth Street                          
Transactions                          
Cash contribution         $ 300                
Additional contribution upon achievement of production target         $ 102                
Cash distributions received                 $ 102 $ 102      
Internal rate of return threshold         13.00%                
Cash on cash return threshold         150.00%                
Percentage of distributions received on Incremental Override         24.00%                
Drilling Partnership | QL                          
Transactions                          
Number of annual tranches | tranche       4                  
Percent of total development capital funded by drilling partner             20.00% 15.00% 20.00%   20.00%   15.00%
Amount of carry received from drilling partner.           27 $ 32 $ 29     $ 117    
Gain (loss) on interests conveyed                     $ 0    
Drilling Partnership | Unaffiliated third-party                          
Transactions                          
Gain (loss) on interests conveyed           $ 0              
Third-party interest in each well spud     15.00%                    
Percentage of total development capital expenses     15.00%