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Revenues (Tables)
3 Months Ended
Mar. 31, 2024
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 months ended March 31, 2024 and 2023:

 

 

 

Three Months Ended March 31, 2024

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

3,201,897

 

 

$

363,777

 

 

$

3,565,674

 

Oil revenue

 

 

2,518,321

 

 

 

313,875

 

 

 

2,832,196

 

NGL revenue

 

 

456,056

 

 

 

236,282

 

 

 

692,338

 

Natural gas, oil and NGL sales

 

$

6,176,274

 

 

$

913,934

 

 

$

7,090,208

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31, 2023

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Natural gas revenue

 

$

6,186,021

 

 

$

724,748

 

 

$

6,910,769

 

Oil revenue

 

 

3,432,950

 

 

 

679,838

 

 

 

4,112,788

 

NGL revenue

 

 

504,770

 

 

 

328,920

 

 

 

833,690

 

Natural gas, oil and NGL sales

 

$

10,123,741

 

 

$

1,733,506

 

 

$

11,857,247