Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION (Tables)

v3.23.3
REVENUE RECOGNITION (Tables)
 9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
Disaggregation of Revenue. The following table presents revenues disaggregated by product:
For the Three Months Ended
For the Nine Months Ended
September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022
Oil, Natural Gas, and Natural Gas Liquids Revenues
Oil $ 90,392,004  $ 86,413,665  $ 252,020,403  $ 229,532,827 
Natural gas 562,374  4,655,002  526,161  14,678,747 
Natural gas liquids (1)
2,727,420  3,340,281  8,566,719  3,340,281 
Total oil, natural gas, and natural gas liquids revenues $ 93,681,798  $ 94,408,948  $ 261,113,283  $ 247,551,855 
(1) Beginning on July 1, 2022, the Company began reporting volumes and revenues on a three-stream basis, separately reporting crude oil, natural gas, and NGL sales. For periods prior to July 1, 2022, sales revenues for NGLs were presented with natural gas.