Quarterly report [Sections 13 or 15(d)]

REVOLVING LINE OF CREDIT (Details)

v3.25.2
REVOLVING LINE OF CREDIT (Details)
Jun. 18, 2025
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Line of Credit Facility [Line Items]      
Line of credit facility, maximum borrowing capacity $ 585,000,000    
Pro forma leverage ratio, maximum threshold 2.00    
Leverage ratio, total 1.50    
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   $ 448,000,000 $ 385,000,000
Unused commitment fee percentage 0.50%    
Unused line of credit   137,000,000.0  
Debt Instrument, Redemption, Period One      
Line of Credit Facility [Line Items]      
Borrowing base utilization, maximum threshold, percentage 80.00%    
Leverage ratio, total 3.0    
Debt Instrument, Redemption, Period Two      
Line of Credit Facility [Line Items]      
Borrowing base utilization, maximum threshold, percentage 75.00%    
Leverage ratio, total 1.25    
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 $ 585,000,000    
Base Rate Loans      
Line of Credit Facility [Line Items]      
Interest rate 1.00%    
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 1.75%    
Maximum      
Line of Credit Facility [Line Items]      
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 2.75%    
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 | Base Rate Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate 2.75%    
Adjusted term SOFR | Maximum | Base Rate Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate 3.75%    
Secured Overnight Financing Rate (SOFR) | Base Rate Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate 0.10%    
Federal Funds Rate | Base Rate Loans      
Line of Credit Facility [Line Items]      
Debt instrument, basis spread on variable rate 0.50%