v3.26.3
Subsequent Events (Tables)
 9 Months Ended
Sep. 30, 2026
Subsequent Events [Abstract]  
Schedule of Derivative Contracts
As of September 30, 2026, the Company's open commodity derivative contracts consisted of oil, natural gas, and NGL commodity derivative contracts as follows:

PeriodIndexDaily Volume
Weighted Average Price
Oil (Bbl)
Fixed Price Swaps
October 2026 - December 2026NYMEX WTI700$75.18
January 2027 - December 2027NYMEX WTI200$65.00
Producer Costless Collars
October 2026 - December 2026NYMEX WTI1,255
$62.57 Put /
$84.41 Call
Natural Gas (MMBtu)
Fixed Price Swaps
October 2026 - December 2026NYMEX Henry Hub14,400$4.18
Producer Costless Collars
October 2026 - December 2026NYMEX Henry Hub4,500
$3.35 Put /
$5.35 Call
NGL (Bbl)
Fixed Price Swaps
October 2026 - December 2026Mont Belvieu OPIS490$54.34

As of December 31, 2025, the Company's open commodity derivative contracts consisted of oil and natural gas commodity derivative contracts under which it will receive a fixed price for the contract and pay a floating market price to the counterparty over a specified period for a contracted volume. These commodity derivative contracts consisted of the following:

PeriodIndexDaily Volume
Weighted Average Price
Oil (Bbl)
Fixed Price SwapsJanuary 2026 - June 2026NYMEX WTI300$68.67
Natural Gas (MMBtu)
Fixed Price Swaps January 2026 - December 2026NYMEX Henry Hub 11,797$4.16
Producer Costless Collars January 2026 - December 2026 NYMEX Henry Hub4,500
$3.35 Put /
$5.35 Call
Subsequent to September 30, 2026, the Company entered into the following oil derivative contracts:
PeriodType of Derivative InstrumentIndexDaily Volume (Bbl)Weighted Average Price Per Barrel
January 2027 - June 2027Producer Costless CollarsNYMEX WTI475
$80.00 Put /
$100.00 Call