Quarterly report [Sections 13 or 15(d)]

REVOLVING LINE OF CREDIT (Details)

v3.25.1
REVOLVING LINE OF CREDIT (Details)
1 Months Ended 3 Months Ended
Aug. 31, 2022
USD ($)
Mar. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Line of Credit Facility [Line Items]      
Line of credit facility, maximum borrowing capacity $ 600,000,000    
Pro forma leverage ratio, maximum threshold 2.00    
Borrowing base utilization, maximum threshold, percentage 80.00%    
Company required to maintaining rolling basis 24 months    
Minimum percentage of projected production to be hedged 50.00%    
Hedge testing percentage 0.00%    
Long-term line of credit   $ 460,000,000 $ 385,000,000
Unused commitment fee percentage   0.50%  
Unused line of credit   $ 140,000,000.0  
Credit Agreement      
Line of Credit Facility [Line Items]      
Line of credit facility, maximum borrowing capacity $ 1,000,000,000    
Credit Agreement, Subject To Periodic Redeterminations, Mandatory Reductions And Adjustments      
Line of Credit Facility [Line Items]      
Line of credit facility, maximum borrowing capacity $ 600,000,000    
Base Rate Loans      
Line of Credit Facility [Line Items]      
Interest rate   0.00%  
Standby Letters of Credit      
Line of Credit Facility [Line Items]      
Long-term line of credit   $ 35,000  
Standby Letters of Credit | Federal Agency      
Line of Credit Facility [Line Items]      
Long-term line of credit   10,000  
Standby Letters of Credit | New Mexico Insurance Company | Surety Bond      
Line of Credit Facility [Line Items]      
Long-term line of credit   $ 25,000  
Minimum      
Line of Credit Facility [Line Items]      
Current ratio   1.0  
Minimum | Base Rate Loans      
Line of Credit Facility [Line Items]      
Interest rate margin percentage   2.00%  
Maximum      
Line of Credit Facility [Line Items]      
Leverage ratio, total 1.25 3.0  
Utilization of borrowing base rate 25.00%    
Hedge testing percentage 25.00%    
Maximum | Base Rate Loans      
Line of Credit Facility [Line Items]      
Interest rate margin percentage   3.00%  
Adjusted term SOFR | Base Rate Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate   1.00%  
Adjusted term SOFR | Minimum | SOFR Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate   3.00%  
Adjusted term SOFR | Maximum | SOFR Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate   4.00%  
Federal Funds Rate | Base Rate Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate   0.50%