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Revenues (Tables)
9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Natural Gas, Oil and NGL Revenues

The following table presents the disaggregation of the Company's natural gas, oil and NGL revenues for the three and nine months ended September 30, 2023 and 2022:

 

 

 

Three Months Ended September 30, 2023

 

 

Nine Months Ended September 30, 2023

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

4,046,566

 

 

$

431,075

 

 

$

4,477,641

 

 

$

13,404,030

 

 

$

1,543,985

 

 

$

14,948,015

 

Oil revenue

 

 

3,409,201

 

 

 

360,536

 

 

 

3,769,737

 

 

 

9,501,963

 

 

 

1,409,903

 

 

 

10,911,866

 

NGL revenue

 

 

417,530

 

 

 

234,183

 

 

 

651,713

 

 

 

1,308,708

 

 

 

818,913

 

 

 

2,127,621

 

Natural gas, oil and NGL sales

 

$

7,873,297

 

 

$

1,025,794

 

 

$

8,899,091

 

 

$

24,214,701

 

 

$

3,772,801

 

 

$

27,987,502

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30, 2022

 

 

Nine Months Ended September 30, 2022

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

11,558,049

 

 

$

4,031,399

 

 

$

15,589,448

 

 

$

25,636,594

 

 

$

11,441,033

 

 

$

37,077,627

 

Oil revenue

 

 

3,066,799

 

 

 

1,627,432

 

 

 

4,694,231

 

 

 

8,957,326

 

 

 

5,597,490

 

 

 

14,554,816

 

NGL revenue

 

 

786,696

 

 

 

757,659

 

 

 

1,544,355

 

 

 

2,170,033

 

 

 

2,370,991

 

 

 

4,541,024

 

Natural gas, oil and NGL sales

 

$

15,411,544

 

 

$

6,416,490

 

 

$

21,828,034

 

 

$

36,763,953

 

 

$

19,409,514

 

 

$

56,173,467