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Quarterly report [Sections 13 or 15(d)]

Oil and Gas Producing Activities (Tables)

v3.25.1
Oil and Gas Producing Activities (Tables)
3 Months Ended
Mar. 31, 2025
Extractive Industries [Abstract] Ìý
Schedule of Oil and Natural Gas Aggregate Capitalized Costs and Applicable Accumulated Depreciation
Aggregate capitalized costs related to oil and natural gas production activities with applicable accumulated depletion are as follows (in thousands):
March 31,
2025
December 31,
2024
Oil, natural gas and NGL interests
Proved $ 163,990Ìý $ 150,984Ìý
Unproved 286,627Ìý 296,087Ìý
Total oil, natural gas and NGL interests 450,617Ìý 447,071Ìý
Accumulated depletion (21,955) (14,670)
Royalty interests, net $ 428,662Ìý $ 432,401Ìý