v3.26.1
Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net
Intangible assets, net consisted of the following as of March 31, 2026 and December 31, 2025 (in thousands):

 March 31,
2026		December 31,
2025
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(4,843)(4,257)
Intangible assets, net$32,260 $32,846 
(1)The remaining weighted average amortization period for total intangible assets was 9.3 years as of March 31, 2026.
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 2026$1,756 
20272,342 
20282,342 
20292,342 
20302,342 
2031 and thereafter21,136 
Total expected amortization expense$32,260