Quarterly report [Sections 13 or 15(d)]

REVENUE RECOGNITION (Tables)

v3.26.3
REVENUE RECOGNITION (Tables)
 9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue The following table presents revenues disaggregated by product for the three and nine months ended September 30, 2026 and 2025.
For the Three Months Ended
For the Nine Months Ended
September 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025
Oil, Natural Gas, and Natural Gas Liquids Revenues
Oil $ 98,726,711  $ 78,884,753  $ 285,098,930  $ 238,168,279 
Natural gas (1)
(568,258) (2,253,323) (14,043,727) (4,794,987)
Natural gas liquids 4,185,209  1,969,906  9,641,612  6,922,010 
Total oil, natural gas, and natural gas liquids revenues $ 102,343,662  $ 78,601,336  $ 280,696,815  $ 240,295,302 
(1) In the three and nine months ended September 30, 2026 and 2025, the Company experienced a net negative total gas revenue, due to lower gross realized sales prices per Mcf compared to the plant fees per Mcf.