v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues        
Total revenue $ 16,428,329 $ 16,543,412 $ 31,181,529 $ 37,403,343
Operating costs and expenses        
Production expenses 4,769,910 6,069,324 9,358,053 12,014,097
Production taxes 1,125,531 1,087,999 2,071,406 2,578,549
General and administrative expenses 200,734 305,068 587,144 827,751
Depreciation, depletion, amortization and accretion 5,332,120 7,194,457 11,039,068 14,447,032
Total operating costs and expenses 11,428,295 14,656,848 23,055,671 29,867,429
Operating income 5,000,034 1,886,564 8,125,858 7,535,914
Gain on derivatives, net 1,068,434 0 1,068,434 0
Interest expense, net (6,320) (27,735) (54,715) (95,158)
Total other income (expense), net 1,062,114 (27,735) 1,013,719 (95,158)
Net income $ 6,062,148 $ 1,858,829 $ 9,139,577 $ 7,440,756
Basic and diluted net income per common unit (in dollars per share) $ 0.32 $ 0.1 $ 0.48 $ 0.39
Weighted average common units outstanding - basic and diluted (in shares) 18,973,474 18,973,474 18,973,474 18,973,474
Oil [Member]        
Revenues        
Total revenue $ 13,650,570 $ 13,732,158 $ 25,141,646 $ 30,614,673
Natural Gas [Member]        
Revenues        
Total revenue 519,784 989,832 2,420,615 2,681,702
Natural Gas Liquids (NGL) [Member]        
Revenues        
Total revenue $ 2,257,975 $ 1,821,422 $ 3,619,268 $ 4,106,968