Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Revenue (Tables)

v3.23.2
Note 6 - Revenue (Tables)
6 Months Ended
Jun. 30, 2023
Notes Tables  
Disaggregation of Revenue [Table Text Block]
   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2023

   

2022

   

2023

   

2022

 

Revenues from customer contracts:

 

(in thousands)

 

Sales under the COSPA or COSMA

  $ 87,478     $ 125,143     $ 130,079     $ 201,629  

Other items reported in revenue not associated with customer contracts:

                               

Carried interest recoupment

    2,212       2,371       2,212       3,483  

Royalties

    (11,766 )     (16,529 )     (17,630 )     (25,471 )

Net revenues

  $ 77,924     $ 110,985     $ 114,661     $ 179,641  
   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2023

   

2023

 

Revenues from customer contracts:

 

(in thousands)

 

Gross sales

  $ 50,201     $ 104,822  

Royalties

    (28,892 )     (48,232 )

Selling costs

    (1 )     (498 )

Net revenues

  $ 21,308     $ 56,092  
   

Three Months Ended June 30,

   

Six Months Ended June 30,

 
   

2023

   

2023

 

Revenues from customer contracts:

 

(in thousands)

 

Oil revenue

  $ 8,325     $ 14,979  

Gas revenue

    703       1,661  

NGL revenue

    1,885       4,348  

Royalties

    (905 )     (2,098 )

Net revenues

  $ 10,008     $ 18,890