Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Disaggregation of oil, gas, and NGL production revenue

The tables below present oil, gas, and NGL production revenue by product type for each of the Company’s operating areas for the years ended December 31, 2023, 2022, and 2021:

	For the year ended December 31, 2023
	Midland Basin			South Texas			Total
	(in thousands)
Oil production revenue	$	1,347,780		$	465,995		$	1,813,775
Gas production revenue	175,183			152,700			327,883
NGL production revenue	687			221,544			222,231
Total	$	1,523,650		$	840,239		$	2,363,889
Relative percentage	64		%	36		%	100		%

	For the year ended December 31, 2022
	Midland Basin			South Texas			Total
	(in thousands)
Oil production revenue	$	1,816,597		$	453,471		$	2,270,068
Gas production revenue	432,831			358,049			790,880
NGL production revenue	986			283,972			284,958
Total	$	2,250,414		$	1,095,492		$	3,345,906
Relative percentage	67		%	33		%	100		%

	For the year ended December 31, 2021
	Midland Basin			South Texas			Total
	(in thousands)
Oil production revenue	$	1,701,915		$	189,911		$	1,891,826
Gas production revenue	326,115			199,364			525,479
NGL production revenue	381			180,229			180,610
Total	$	2,028,411		$	569,504		$	2,597,915
Relative percentage	78		%	22		%	100		%