v3.26.1
SEGMENT REPORTING - Schedule of Segment Reporting Information (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]            
Oil, natural gas, and natural gas liquids revenues $ 104,681,489   $ 82,602,759   $ 178,353,153 $ 161,693,966
Lease operating expenses (18,409,462)   (20,245,981)   (36,531,806) (39,923,533)
Gathering, transportation and processing costs (101,902)   (133,809)   (218,951) (337,421)
Ad valorem taxes (2,202,160)   (1,648,647)   (4,404,697) (3,180,755)
Oil and natural gas production taxes (5,047,619)   (3,832,607)   (8,601,510) (7,417,062)
Exploration and Production segment profit 64,793,310 $ (220,591,482) 20,634,887 $ 9,110,738 (155,798,172) 29,745,625
Lease operating expenses:            
Total lease operating expenses 18,409,462   20,245,981   36,531,806 39,923,533
Exploration and Production | Exploration and Production            
Segment Reporting [Line Items]            
Oil, natural gas, and natural gas liquids revenues 104,681,489   82,602,759   178,353,153 161,693,966
Lease operating expenses (18,409,462)   (20,245,981)   (36,531,806) (39,923,533)
Gathering, transportation and processing costs (101,902)   (133,809)   (218,951) (337,421)
Ad valorem taxes (2,202,160)   (1,648,647)   (4,404,697) (3,180,755)
Oil and natural gas production taxes (5,047,619)   (3,832,607)   (8,601,510) (7,417,062)
Exploration and Production segment profit 78,920,346   56,741,715   128,596,189 110,835,195
Lease operating expenses:            
Workovers 3,443,178   3,173,838   6,686,781 5,990,047
Other lease operating expenses 14,966,284   17,072,143   29,845,025 33,933,486
Total lease operating expenses $ 18,409,462   $ 20,245,981   $ 36,531,806 $ 39,923,533