Quarterly report [Sections 13 or 15(d)]

ACQUISITIONS AND DIVESTITURES - Schedule of Final Allocation of the Total Cost of the Lime Rock Acquisition (Details)

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ACQUISITIONS AND DIVESTITURES - Schedule of Final Allocation of the Total Cost of the Lime Rock Acquisition (Details) - USD ($)
3 Months Ended
Mar. 31, 2025
Feb. 26, 2025
Mar. 31, 2025
Mar. 31, 2024
Dec. 31, 2024
Fair value of assets acquired:          
Oil and natural gas properties $ 1,932,616,777   $ 1,932,616,777   $ 1,809,309,848
Fair value of liabilities assumed:          
Asset retirement obligations $ 29,268,349   $ 29,268,349   $ 26,382,517
Lime Rock Acquisition          
Common stock consideration          
Shares of common stock issued (in shares) 6,452,879        
Common stock price (in dollars per share) $ 1.15   $ 1.15    
Total common stock consideration $ 7,420,811        
Cash consideration          
Escrow deposit released at closing 5,000,000 $ 5,000,000.0 $ 5,000,000 $ 0  
Closing amount paid to Lime Rock 63,599,939        
Fair value of deferred payment liability 9,415,066        
Total cash consideration 78,015,005        
Direct transaction costs 2,294,105   2,294,105 $ 0  
Total consideration 87,729,921        
Fair value of assets acquired:          
Oil and natural gas properties 90,844,802   90,844,802    
Fixed assets 34,275   34,275    
Amount attributable to assets acquired 90,879,077   90,879,077    
Fair value of liabilities assumed:          
Suspense liability 561,977   561,977    
Asset retirement obligations 2,587,179   2,587,179    
Amount attributable to liabilities assumed 3,149,156   3,149,156    
Net assets acquired $ 87,729,921   $ 87,729,921