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LONG-TERM DEBT (Details) - USD ($)
3 Months Ended 9 Months Ended
Jun. 13, 2023
Sep. 30, 2024
Sep. 30, 2024
Sep. 30, 2023
May 01, 2024
Dec. 08, 2023
Dec. 07, 2023
Jul. 24, 2023
Jul. 23, 2023
Long-term debt                  
Minimum percentage of proved reserves constituting borrowings based properties (as a percent)   75.00% 75.00%            
Amortization of Debt Issuance Costs     $ 1,592,712 $ 1,414,074          
Debt extinguishment     500,000            
Borrowings of debt     4,959,776 201,084,089          
Repayment of debt     47,000,000 $ 123,700,000          
Revolving credit facility                  
Long-term debt                  
Borrowing base         $ 550,000,000.0 $ 550,000,000.0 $ 400,000,000.0    
Revolving credit facility outstanding   $ 252,200,000 $ 252,200,000            
Excess cash determinations               $ 50,000,000.0 $ 30,000,000.0
Interest rate on outstanding borrowings (as a percent)   8.36% 8.56%            
Borrowings of debt     $ 5,000,000.0            
Revolving credit facility | Prime                  
Long-term debt                  
Margin (as a percent)     2.00%            
Revolving credit facility | SOFR                  
Long-term debt                  
Margin (as a percent)     3.00%            
Revolving credit facility | Maximum                  
Long-term debt                  
Debt to EBITDAX ratio   350.00% 350.00%            
Revolving credit facility | Minimum                  
Long-term debt                  
Current assets to current liabilities ratio   100.00% 100.00%            
Standby and/or commercial letters of credit                  
Long-term debt                  
Revolving credit facility maximum borrowings $ 10,000,000.0                
Senior Secured Reserve Based Revolving Credit Facility                  
Long-term debt                  
Revolving credit facility maximum borrowings 750,000,000.0                
Borrowing base 400,000,000.0                
Initial aggregate elected commitments amount 400,000,000.0                
Minimum cash balance required to be applied weekly to prepay loans 50,000,000.0                
Reduced cash balance as permitted by agreement $ 0                
Commitment fees (as a percent) 0.50%                
Senior Secured Reserve Based Revolving Credit Facility | Maximum | SOFR                  
Long-term debt                  
Margin (as a percent) 3.75%                
Senior Secured Reserve Based Revolving Credit Facility | Maximum | Base Rate                  
Long-term debt                  
Margin (as a percent) 2.75%                
Senior Secured Reserve Based Revolving Credit Facility | Minimum | SOFR                  
Long-term debt                  
Margin (as a percent) 2.75%                
Senior Secured Reserve Based Revolving Credit Facility | Minimum | Base Rate                  
Long-term debt                  
Margin (as a percent) 1.75%