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Business Acquisitions
 12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Business Acquisitions Business Acquisitions
On September 14, 2022, the Company purchased Preferred Shares of Abraxas Petroleum for $80,000. On October 26, 2022, the Company converted the Preferred Shares to 90% of the outstanding common stock of Abraxas Petroleum. On June 14, 2023, the remaining 10% of the outstanding common stock of Abraxas Petroleum was acquired for $5,387. We have concluded that Abraxas Petroleum is a consolidated entity and recorded noncontrolling interests attributable to the interest held by other shareholders. The Company used working capital including its line of credit to fund the purchase of the Preferred Shares. Abraxas Petroleum operates oil and natural gas properties in the Permian Basin. The Company’s financial results include the results of Abraxas Petroleum from the acquisition date.

The purchase price allocation is as follows.
September 14, 2022
Cash and cash equivalents$21,726 
Receivables and other assets6,518 
Property and equipment75,400 
Total identifiable assets acquired103,644 
Accounts payable and accrued expenses(10,719)
Asset retirement obligations(3,587)
Deferred taxes(449)
Total liabilities assumed(14,755)
Noncontrolling interest(8,889)
Total consideration$80,000