REVENUE RECOGNITION (Tables)

12 Months Ended

Dec. 31, 2023

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,
	2023		2022		2021
Oil, Natural Gas, and Natural Gas Liquids Revenues
Oil	$	349,044,863	$	321,062,672	$	181,533,093
Natural gas (1)	334,175		18,693,631		14,772,873
Natural gas liquids (1)	11,676,963		7,493,234		—
Total oil, natural gas, and natural gas liquids revenues	$	361,056,001	$	347,249,537	$	196,305,966

(1) Beginning on July 1, 2022, the Company began reporting volumes and revenues on a three-stream basis, separately reporting crude oil, natural gas, and NGL sales. For periods prior to July 1, 2022, sales revenues for NGLs were presented with natural gas.