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

REVENUE RECOGNITION (Tables)

v3.25.4
REVENUE RECOGNITION (Tables)
12 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table presents revenues disaggregated by product for the years ended December 31, 2025, 2024, and 2023.
For the years ended December 31,
2025 2024 2023
Oil, Natural Gas, and Natural Gas Liquids Revenues
Oil $ 307,553,614  $ 363,971,394  $ 349,044,863 
Natural gas (1)
(9,297,614) (9,265,335) 334,175 
Natural gas liquids 8,922,072  11,621,355  11,676,963 
Total oil, natural gas, and natural gas liquids revenues $ 307,178,072  $ 366,327,414  $ 361,056,001 
(1) In 2024 and 2025, the Company experienced a net negative total gas revenue, due to the significant reduction in gross realized sales prices per Mcf, coupled with the growth in the plant fees per Mcf.