v3.26.1
Reportable Segment - Segment Reporting Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Line Items]        
Derivative gains, net $ 143,255 $ 187,026 [1] $ 196,364 $ 88,643 [1]
Total revenues and other operating income 465,535 458,361 [1] 898,382 634,427 [1]
Operating expenses        
Lease operating and workover 44,482 34,176 [1] 89,557 69,231 [1]
Fuel commodity costs 42,832 39,852 [1] 99,953 86,215 [1]
Purchased power 29,502 29,494 [1] 56,857 48,161 [1]
Marketing expense 23,262 4,868 [1] 29,310 8,788 [1]
Taxes other than income 15,900 18,042 [1] 36,102 32,832 [1]
Gathering and transportation 68,095 63,026 [1] 135,897 118,819 [1]
Depreciation, depletion, amortization, and accretion 52,877 47,580 [1] 105,818 97,177 [1]
General and administrative 42,125 30,479 [1] 82,236 58,778 [1]
Power operating and maintenance 17,185 18,252 36,864 38,465
Other operating expenses 7,619 11,244 [1] 18,106 14,710 [1]
Total operating expenses 343,879 297,013 [1] 690,700 573,176 [1]
Income (loss) from operations 121,656 161,348 [1] 207,682 61,251 [1]
Capital expenditures 86,838 66,490 193,365 124,102
Operating Segments        
Segment Reporting [Line Items]        
Derivative gains, net 143,255 187,026 196,364 88,643
Total revenues and other operating income 466,035 455,787 895,764 628,546
Operating expenses        
Lease operating and workover 44,482 34,176 89,557 69,231
Fuel commodity costs 42,832 39,852 99,953 86,215
Purchased power 29,502 29,494 56,857 48,161
Marketing expense 23,201 4,868 29,219 8,788
Taxes other than income 15,886 18,042 36,081 32,832
Gathering and transportation 68,095 63,026 135,897 118,819
Depreciation, depletion, amortization, and accretion 52,373 47,180 104,868 96,298
General and administrative 30,372 19,049 57,565 38,147
Power operating and maintenance 17,185 18,252 36,864 38,465
Other operating expenses 6,311 3,837 15,298 4,513
Total operating expenses 330,239 277,776 662,159 541,469
Income (loss) from operations 135,796 178,011 233,605 87,077
Capital expenditures 67,121 56,214 162,941 110,716
Operating Segments | BKV Upstream Midstream, LLC        
Segment Reporting [Line Items]        
Derivative gains, net 95,284 112,208 52,808 (39,983)
Total revenues and other operating income 343,702 319,045 608,856 394,132
Operating expenses        
Lease operating and workover 44,482 34,176 89,557 69,231
Fuel commodity costs 0 0 0 0
Purchased power 0 0 0 0
Marketing expense 22,516 4,321 27,656 7,645
Taxes other than income 11,583 13,404 27,545 23,626
Gathering and transportation 68,095 63,026 135,897 118,819
Depreciation, depletion, amortization, and accretion 42,821 37,644 83,512 77,135
General and administrative 22,747 14,782 43,585 27,978
Power operating and maintenance 0 0 0 0
Other operating expenses 1,420 3,403 6,251 3,689
Total operating expenses 213,664 170,756 414,003 328,123
Income (loss) from operations 130,038 148,289 194,853 66,009
Capital expenditures 61,750 56,159 140,720 110,423
Operating Segments | BKV-BPP Power        
Segment Reporting [Line Items]        
Derivative gains, net 47,971 74,818 143,556 128,626
Total revenues and other operating income 122,333 136,742 286,908 234,414
Operating expenses        
Lease operating and workover 0 0 0 0
Fuel commodity costs 42,832 39,852 99,953 86,215
Purchased power 29,502 29,494 56,857 48,161
Marketing expense 685 547 1,563 1,143
Taxes other than income 4,303 4,638 8,536 9,206
Gathering and transportation 0 0 0 0
Depreciation, depletion, amortization, and accretion 9,552 9,536 21,356 19,163
General and administrative 7,625 4,267 13,980 10,169
Power operating and maintenance 17,185 18,252 36,864 38,465
Other operating expenses 4,891 434 9,047 824
Total operating expenses 116,575 107,020 248,156 213,346
Income (loss) from operations 5,758 29,722 38,752 21,068
Capital expenditures 5,371 55 22,221 293
Segment reporting, reconciling item, corporate nonsegment        
Segment Reporting [Line Items]        
Derivative gains, net 0 0 0 0
Total revenues and other operating income (500) 2,574 2,618 5,881
Operating expenses        
Lease operating and workover 0 0 0 0
Fuel commodity costs 0 0 0 0
Purchased power 0 0 0 0
Marketing expense 61 0 91 0
Taxes other than income 14 0 21 0
Gathering and transportation 0 0 0 0
Depreciation, depletion, amortization, and accretion 504 400 950 879
General and administrative 11,753 11,430 24,671 20,631
Power operating and maintenance 0 0 0 0
Other operating expenses 1,308 7,407 2,808 10,197
Total operating expenses 13,640 19,237 28,541 31,707
Income (loss) from operations (14,140) (16,663) (25,923) (25,826)
Capital expenditures 19,717 10,276 30,424 13,386
Natural gas, NGL, and oil sales        
Segment Reporting [Line Items]        
Revenues 221,928 199,729 [1] 509,603 415,855 [1]
Natural gas, NGL, and oil sales | Operating Segments        
Segment Reporting [Line Items]        
Revenues 221,928 199,729 509,603 415,855
Natural gas, NGL, and oil sales | Operating Segments | BKV Upstream Midstream, LLC        
Segment Reporting [Line Items]        
Revenues 221,928 199,729 509,603 415,855
Natural gas, NGL, and oil sales | Operating Segments | BKV-BPP Power        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Natural gas, NGL, and oil sales | Segment reporting, reconciling item, corporate nonsegment        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Power revenues        
Segment Reporting [Line Items]        
Revenues 74,362 61,924 [1] 143,352 105,788 [1]
Power revenues | Operating Segments        
Segment Reporting [Line Items]        
Revenues 74,362 61,924 143,352 105,788
Power revenues | Operating Segments | BKV Upstream Midstream, LLC        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Power revenues | Operating Segments | BKV-BPP Power        
Segment Reporting [Line Items]        
Revenues 74,362 61,924 143,352 105,788
Power revenues | Segment reporting, reconciling item, corporate nonsegment        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Marketing revenues        
Segment Reporting [Line Items]        
Revenues 26,162 6,968 [1] 46,043 19,425 [1]
Marketing revenues | Operating Segments        
Segment Reporting [Line Items]        
Revenues 26,162 6,968 45,985 19,425
Marketing revenues | Operating Segments | BKV Upstream Midstream, LLC        
Segment Reporting [Line Items]        
Revenues 26,162 6,968 45,985 19,425
Marketing revenues | Operating Segments | BKV-BPP Power        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Marketing revenues | Segment reporting, reconciling item, corporate nonsegment        
Segment Reporting [Line Items]        
Revenues 0 0 58 0
Section 45Q tax credits        
Segment Reporting [Line Items]        
Revenues 3,048 2,574 [1] 6,108 5,881 [1]
Section 45Q tax credits | Operating Segments        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Section 45Q tax credits | Operating Segments | BKV Upstream Midstream, LLC        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Section 45Q tax credits | Operating Segments | BKV-BPP Power        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Section 45Q tax credits | Segment reporting, reconciling item, corporate nonsegment        
Segment Reporting [Line Items]        
Revenues 3,048 2,574 6,108 5,881
Other        
Segment Reporting [Line Items]        
Revenues (3,220) 140 [1] (3,088) (1,165) [1]
Other | Operating Segments        
Segment Reporting [Line Items]        
Revenues 328 140 460 (1,165)
Other | Operating Segments | BKV Upstream Midstream, LLC        
Segment Reporting [Line Items]        
Revenues 328 140 460 (1,165)
Other | Operating Segments | BKV-BPP Power        
Segment Reporting [Line Items]        
Revenues 0 0 0 0
Other | Segment reporting, reconciling item, corporate nonsegment        
Segment Reporting [Line Items]        
Revenues $ (3,548) $ 0 $ (3,548) $ 0
[1] The financial information presented in this Quarterly Report on Form 10-Q has been retrospectively adjusted for the BKV-BPP Power Joint Venture Transaction, which was accounted for as a transaction between entities under common control, with prior periods recast as if the transaction had occurred at the beginning of the earliest period presented. See Note 2 - Acquisition for further information.