v3.26.1
Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Deferred tax assets    
Fair value of derivative financial instruments $ 0 $ 9,018
Asset retirement obligations 51,528 46,240
Equity-based compensation 1,649 494
Contingent consideration 353 4,597
Interest expense carryforward 34,836 33,029
Net operating loss carryforward 67,693 35,826
Accrued bonuses 5,226 4,218
Marginal well credit 23,669 13,180
Other 4,441 7,373
Total deferred tax asset 189,395 153,975
Deferred tax liabilities    
Property and equipment (243,261) (193,978)
Investment in joint venture (56,344) (50,287)
Fair value of derivative financial instruments (15,240) 0
Other (3,389) (2,460)
Total deferred tax liability (318,234) (246,725)
Deferred tax liability, net $ (128,839) $ (92,750)