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Revenues (Tables)
3 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Oil, NGL and Natural Gas Revenues

The following table presents the disaggregation of the Company's oil, NGL and natural gas revenues for the three months ended December 31, 2019 and 2018.

 

 

Three Months Ended December 31, 2019

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Oil revenue

 

$

1,413,211

 

 

$

2,052,301

 

 

$

3,465,512

 

NGL revenue

 

 

222,777

 

 

 

392,106

 

 

$

614,883

 

Natural gas revenue

 

 

1,273,113

 

 

 

2,240,330

 

 

$

3,513,443

 

Oil, NGL and natural gas sales

 

$

2,909,101

 

 

$

4,684,737

 

 

$

7,593,838

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31, 2018

 

 

 

Royalty Interest

 

 

Working Interest

 

 

Total

 

Oil revenue

 

$

2,294,102

 

 

$

2,184,878

 

 

$

4,478,980

 

NGL revenue

 

 

441,227

 

 

 

1,013,608

 

 

$

1,454,835

 

Natural gas revenue

 

 

2,031,112

 

 

 

4,245,792

 

 

$

6,276,904

 

Oil, NGL and natural gas sales

 

$

4,766,441

 

 

$

7,444,278

 

 

$

12,210,719