Annual report [Section 13 and 15(d), not S-K Item 405]

SEGMENT REPORTING - Segment Reporting Information (Details)

v3.25.0.1
SEGMENT REPORTING - Segment Reporting Information (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Segment Reporting Information [Line Items]      
Oil, Natural Gas, and Natural Gas Liquids Revenues $ 366,327,414 $ 361,056,001 $ 347,249,537
Lease operating expenses (78,310,949) (70,158,227) (47,695,351)
Gathering, transportation and processing costs (506,333) (457,573) (1,830,024)
Ad valorem taxes (8,069,064) (6,757,841) (4,670,617)
Oil and natural gas production taxes (16,116,565) (18,135,336) (17,125,982)
Net income 67,470,314 104,864,641 138,635,025
Lease operating expenses:      
Operating lease expense 78,310,949 70,158,227 47,695,351
Corporate      
Segment Reporting Information [Line Items]      
Oil, Natural Gas, and Natural Gas Liquids Revenues 0 0 0
Lease operating expenses 0 0 0
Gathering, transportation and processing costs 0 0 0
Ad valorem taxes 0 0 0
Oil and natural gas production taxes 0 0 0
Lease operating expenses:      
Operating lease expense 0 0 0
Exploration and Production | Operating Segments      
Segment Reporting Information [Line Items]      
Oil, Natural Gas, and Natural Gas Liquids Revenues 366,327,414 361,056,001 347,249,537
Lease operating expenses (78,310,949) (70,158,227) (47,695,351)
Gathering, transportation and processing costs (506,333) (457,573) (1,830,024)
Ad valorem taxes (8,069,064) (6,757,841) (4,670,617)
Oil and natural gas production taxes (16,116,565) (18,135,336) (17,125,982)
Net income 263,324,503 265,547,024 275,927,563
Lease operating expenses:      
Workovers 15,150,944 14,919,560 7,443,031
Other lease operating expenses 63,160,005 55,238,667 40,252,320
Operating lease expense $ 78,310,949 $ 70,158,227 $ 47,695,351