v3.26.3
Supplemental Disclosure of Oil and Natural Gas Operations (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2025
Supplemental Disclosure of Oil and Natural Gas Operations (Unaudited) [Abstract]  
Schedule of Capitalized Costs Related to Crude Oil and Natural Gas Exploration and Production Activities

Aggregate capitalized costs related to crude oil and natural gas exploration and production activities with applicable accumulated depreciation, depletion, and amortization are presented below as of the dates indicated:

 

   As of December 31, 
   2025   2024 
Oil and natural gas properties        
         
Proved  $90,443,361   $100,285,138 
Less: accumulated depreciation, depletion, and amortization   (8,491,565)   (2,759,226)
Net oil and natural gas properties capitalized costs  $

81,951,796

   $97,525,912 
Schedule of Costs Incurred in Crude Oil and Natural Gas Exploration and Development

Costs incurred in crude oil and natural gas exploration and development for the periods presented: 

 

   For the Year
Ended
December 31,
2025		   For the Year
Ended
December 31,
2024		 
Acquisition Costs  $ 13,675,000   $
-
 

Exploration costs

   
-
    
-
 
Development costs   6,872,649    6,095,765 
Total  $20,547,649   $6,095,765 
Schedule of Proved Developed and Proved Undeveloped Reserves

The following table and subsequent narrative disclosure provides a roll forward of the total proved reserves for the years ended December 31, 2025 and 2024 as well as proved developed and proved undeveloped reserves at the beginning and end of each respective year:

 

   For the years ended December 31, 
   2025    2024 
   Oil
(MBbls)		   Natural
Gas
(MMcf)		   Total
(MBoe)		   Oil
(MBbls)		   Natural
Gas
(MMcf)		   Total
(MBoe)		 
Proved Reserves:                              
Beginning of period   14,018    2,840    14,492    15,414    3,525    16,002 
Extensions and discoveries   
-
    
-
    
-
    
-
    
-
    
-
 
Acquisitions of minerals in place   169    
-
    169    
 
    
 
    
 
 
Dispositions of minerals in place   (5,307)   (1,226)   (5,511)   
-
    
-
    
-
 
Revisions to previous estimates   (5,951)   (903)   (6,102)   (1,140)   (472)   (1,219)
Production   (244)   (142)   (268)   (256)   (213)   (291)
End of period   2,685    569    2,780    14,018    2,840    14,492 
Proved Developed Reserves:                              
Beginning of period   9,803    2,056    10,145    11,277    2,674    11,723 
End of period   2,685    569    2,780    9,803    2,056    10,145 
Proved Undeveloped Reserves:                              
Beginning of period   4,215    784    4,346    4,137    850    4,279 
End of period   
-
    
-
    
-
    4,215    784    4,346 
Schedule of Standardized Measure of Discounted Future Net Cash Flows

The standardized measure of discounted future net cash flows relating to proved oil and natural gas reserves is as follows:

 

   For the year ended
December 31,		 
   2025   2024 
   (in thousands) 
Future cash inflows  $174,883   $1,086,436 
Future production costs   (110,477)   (453,384)
Future development costs   (51,368)   (124,216)
Future income tax expense   (17,821)   (91,226)
Future net cash flows   (4,783)   417,610 
10% annual discount for estimated timing of cash flows   35,967    (244,497)
Standardized measure of discounted future net cash flows  $31,184   $173,113 
Schedule of Changes in the Standardized Measure of Discounted Future Net Cash Flows

Changes in the standardized measure of discounted future net cash flows relating to proved oil and natural gas reserves are as follows:

 

   For the year ended
December 31,		 
   2025   2024 
   (in thousands) 
Balance, beginning of period  $173,113   $255,109 
Net change in sales and transfer prices and in production (lifting) costs related to future production   (114,554)   (32,505)
Sales and transfers of oil and natural gas produced during the period   (5,748)   (9,452)
Changes in estimated future development costs   (73,217)   2,018 
Previously estimated development incurred during the period   6,873    6,096 
Net purchases (divestitures) of reserves in place   (335)   
—
 
Net change due to revisions in quantity estimates   (84,098)   (20,516)
Net change due to extensions and discoveries, and improved recovery   
—
    
—
 
Net change due to changes in estimated income taxes   27,893    (8,641)
Accretion of discount   17,311    25,511 
Timing and other differences   83,946    (44,507)
Standardized measure of discounted future net cash flows  $31,184   $173,113