v3.26.1
REVENUE RECOGNITION (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table presents revenues disaggregated by product for the three and six months ended June 30, 2026 and 2025.
For the Three Months Ended
For the Six Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
Oil, Natural Gas, and Natural Gas Liquids Revenues
Oil$110,167,205 $82,778,476 $186,372,219 $159,283,526 
Natural gas (1)
(9,179,381)(2,238,937)(13,475,469)(2,541,664)
Natural gas liquids3,693,665 2,063,220 5,456,403 4,952,104 
Total oil, natural gas, and natural gas liquids revenues$104,681,489 $82,602,759 $178,353,153 $161,693,966 
(1) In the three and six months ended June 30, 2026 and 2025, the Company experienced a net negative total gas revenue, due to lower gross realized sales prices per Mcf compared to the plant fees per Mcf.