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Revenues (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Summary of Disaggregation of Natural Gas, Oil and NGL Revenues

The following tables present the disaggregation of the Company’s natural gas, oil and NGL revenues for the year ended December 31, 2023, the three months ended December 31, 2022, and the year ended September 30, 2022.

 

 

Year Ended December 31, 2023

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

17,420,360

 

 

$

2,025,900

 

 

$

19,446,260

 

Oil revenue

 

 

12,306,987

 

 

 

1,733,213

 

 

 

14,040,200

 

NGL revenue

 

 

1,866,004

 

 

 

1,183,821

 

 

 

3,049,825

 

Natural gas, oil and NGL sales

 

$

31,593,351

 

 

$

4,942,934

 

 

$

36,536,285

 

 

 

 

Three Months Ended December 31, 2022

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

7,209,757

 

 

$

2,243,736

 

 

$

9,453,493

 

Oil revenue

 

 

2,760,844

 

 

 

1,563,619

 

 

 

4,324,463

 

NGL revenue

 

 

601,103

 

 

 

509,615

 

 

 

1,110,718

 

Natural gas, oil and NGL sales

 

$

10,571,704

 

 

$

4,316,970

 

 

$

14,888,674

 

 

 

 

Year Ended September 30, 2022

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

30,837,464

 

 

$

14,930,201

 

 

$

45,767,665

 

Oil revenue

 

 

10,851,353

 

 

 

7,279,566

 

 

 

18,130,919

 

NGL revenue

 

 

2,795,655

 

 

 

3,166,392

 

 

 

5,962,047

 

Natural gas, oil and NGL sales

 

$

44,484,472

 

 

$

25,376,159

 

 

$

69,860,631