OIL AND NATURAL GAS PRODUCING ACTIVITIES - Capitalized Costs Relating to Oil and Natural Gas Producing Activities (Details) - USD ($) |
Dec. 31, 2023 |
Dec. 31, 2022 |
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Oil and Gas Exploration and Production Industries Disclosures [Abstract] | ||
Proved properties | $ 1,663,548,249 | $ 1,463,838,595 |
Unproved properties | 0 | 0 |
Total oil and natural gas properties, full cost method | 1,663,548,249 | 1,463,838,595 |
Accumulated depletion of oil and natural gas properties | (373,280,583) | (287,052,595) |
Net oil and natural gas properties capitalized | $ 1,290,267,666 | $ 1,176,786,000 |
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- Definition Amount of accumulated depreciation, depletion, amortization and valuation allowance relating to oil and gas producing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The sum of capitalized costs relating to oil and gas producing activities before accounting for accumulated depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Net amount of capitalized costs relating to oil and gas producing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Capitalized costs of proved properties incurred for any combination mineral interests acquisitions; wells and related equipment; support equipment and facilities; and uncompleted wells and equipment and other costs not previously disclosed within this table. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Capitalized costs of unproved properties incurred for any combination mineral interests acquisitions and other costs not previously disclosed within this table. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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