Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Revenue (Tables)

v3.23.3
Note 6 - Revenue (Tables)
9 Months Ended
Sep. 30, 2023
Notes Tables  
Disaggregation of Revenue [Table Text Block]
   

Three Months Ended September 30,

   

Nine Months Ended September 30,

 
   

2023

   

2022

   

2023

   

2022

 

Revenues from customer contracts:

 

(in thousands)

 

Sales under the COSPA or COSMA

  $ 64,100     $ 87,661     $ 194,179     $ 289,290  

Other items reported in revenue not associated with customer contracts:

                               

Carried interest recoupment

    1,378       2,360       3,590       5,843  

Royalties

    (8,203 )     (11,924 )     (25,833 )     (37,395 )

Net revenues

  $ 57,275     $ 78,097     $ 171,936     $ 257,738  
   

Three Months Ended September 30,

   

Nine Months Ended September 30,

 
   

2023

   

2023

 

Revenues from customer contracts:

 

(in thousands)

 

Gross sales

  $ 88,748     $ 193,570  

Royalties

    (37,944 )     (86,176 )

Selling costs

    (497 )     (995 )

Net revenues

  $ 50,307     $ 106,399  
   

Three Months Ended September 30,

   

Nine Months Ended September 30,

 
   

2023

   

2023

 

Revenues from customer contracts:

 

(in thousands)

 

Oil revenue

  $ 7,832     $ 22,811  

Gas revenue

    988       2,649  

NGL revenue

    2,073       6,421  

Royalties

    (2,206 )     (4,304 )

Net revenues

  $ 8,687     $ 27,577