v3.25.4
Note 17 - Supplemental Oil and Natural Gas Information (Unaudited) - Schedule of Capitalized Oil and Gas Costs (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Evaluated properties in full cost pool (1) [1] $ 132,459 $ 142,029
Less accumulated depletion (2) (117,237) (112,958)
Net capitalized costs $ 15,222 $ 29,071
[1] Depletion expense was $2.3 million ($21.89 per barrels of oil equivalent (BOE) and $6.4 million ($19.64 per BOE) for the years ended December 31, 2025 and 2024, respectively.