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

ACQUISITIONS & DIVESTITURES - Narrative (Details)

v3.25.4
ACQUISITIONS & DIVESTITURES - Narrative (Details)
$ / shares in Units, a in Thousands
5 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
shares
Dec. 24, 2024
USD ($)
Dec. 01, 2024
USD ($)
Sep. 30, 2024
USD ($)
Dec. 29, 2023
USD ($)
Sep. 27, 2023
USD ($)
Jul. 10, 2023
USD ($)
May 11, 2023
USD ($)
Aug. 31, 2022
USD ($)
a
$ / shares
shares
Dec. 31, 2023
USD ($)
Dec. 31, 2025
USD ($)
$ / shares
Dec. 31, 2024
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
May 24, 2023
$ / shares
Dec. 31, 2022
USD ($)
Aug. 30, 2022
USD ($)
Business Combination [Line Items]                                
Preferred stock, par value (in dollars per share) | $ / shares                     $ 0.001 $ 0.001   $ 0.001    
Derivative liabilities                     $ 3,353,885 $ 9,323,292        
Asset retirement obligations                   $ 28,248,084 30,390,955 26,382,517 $ 28,248,084   $ 30,226,306  
Delaware Basin                                
Business Combination [Line Items]                                
Decrease in asset retirement obligation               $ 2,300,000                
Proceeds from divestiture of businesses               8,300,000                
Proceeds from divestiture of business               $ 7,600,000                
New Mexico Divestiture                                
Business Combination [Line Items]                                
Decrease in asset retirement obligation           $ 2,400,000                    
Proceeds from divestiture of businesses           4,500,000                    
Proceeds from divestiture of business           $ 3,600,000                    
Gaines County Texas Sale                                
Business Combination [Line Items]                                
Decrease in asset retirement obligation         $ 500,000                      
Proceeds from divestiture of businesses         1,500,000                      
Proceeds from divestiture of business         1,400,000                      
Commission fees         $ 100,000                      
CBP Vertical Wells                                
Business Combination [Line Items]                                
Decrease in asset retirement obligation       $ 2,700,000                        
Proceeds from divestiture of businesses       $ 5,500,000                        
Revolving Credit Facility | Credit Facility | Line of Credit                                
Business Combination [Line Items]                                
Line of credit facility, maximum borrowing capacity                 $ 1,000,000,000.0              
Line of credit facility, current borrowing capacity                 $ 600,000,000             $ 350,000,000
Stronghold Acquisition                                
Business Combination [Line Items]                                
Area of land | a                 37              
Fair value of consideration paid to seller                 $ 394,000,000.0              
Payments for asset acquisition                 165,900,000              
Contingent consideration                 $ 15,000,000.0              
Payment period                 6 months              
Inventory and fixed assets                 $ 4,500,000              
Cash paid for realized losses on August oil derivatives                 $ 1,800,000              
Shares of common stock issued (in shares) | shares                 21,339,986              
Shares of Preferred Stock issued (in shares) | shares                 153,176              
Preferred stock, par value (in dollars per share) | $ / shares                 $ 0.001              
As-Converted Shares of Ring Common Stock (in shares) | shares                 42,548,892              
Derivative liabilities                 $ 24,800,000              
Suspense liability                 1,700,000              
Asset retirement obligations                 $ 14,500,000              
Founders Acquisition                                
Business Combination [Line Items]                                
Payments for asset acquisition             $ 42,502,799                  
Asset retirement obligations             2,090,777                  
Decrease in asset retirement obligation                     0 0 (2,090,777)      
Deposit in escrow             7,500,000       0 0 7,500,000      
Purchase price adjustments             10,000,000                  
Deferred cash payment             $ 11,900,000                  
Revenue of acquiree                   18,000,000.0            
Expenses of acquiree                   $ 5,000,000.0            
Yoakum County Acquisition                                
Business Combination [Line Items]                                
Contingent consideration     $ 1,175,000                          
Net assets acquired   $ 1,400,000                            
Down payment     $ 175,000                          
Lime Rock Acquisition                                
Business Combination [Line Items]                                
Payments for asset acquisition $ 63,599,939                              
Shares of common stock issued (in shares) | shares 6,452,879                              
Asset retirement obligations $ 2,587,179                              
Decrease in asset retirement obligation                     (2,587,179) 0 0      
Deposit in escrow 5,000,000                   $ 5,000,000 $ 0 $ 0      
Purchase price adjustments 69,300,000                              
Deferred cash payment $ 10,000,000.0