Annual report pursuant to Section 13 and 15(d)

REVENUE RECOGNITION (Tables)

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REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table presents revenues disaggregated by product:
For the years ended December 31,
2023 2022 2021
Oil, Natural Gas, and Natural Gas Liquids Revenues
Oil $ 349,044,863  $ 321,062,672  $ 181,533,093 
Natural gas (1)
334,175  18,693,631  14,772,873 
Natural gas liquids (1)
11,676,963  7,493,234  — 
Total oil, natural gas, and natural gas liquids revenues $ 361,056,001  $ 347,249,537  $ 196,305,966 
(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.