Annual report pursuant to Section 13 and 15(d)

Oil and Gas Royalty Interests - Royalty Interests (Details)

v3.25.0.1
Oil and Gas Royalty Interests - Royalty Interests (Details)
$ in Thousands
Dec. 31, 2024
USD ($)
a
Dec. 31, 2023
USD ($)
a
Oil and gas royalty interests:    
Royalty interests acquired, at cost (3) $ 447,071 $ 51,494
Total royalty interests 447,071 51,494
Less: accumulated depletion (14,670) (4,885)
Royalty interests, net 432,401 46,609
1/16th and 1/128th nonparticipating perpetual royalty interests    
Oil and gas royalty interests:    
1/16th nonparticipating perpetual royalty interests $ 0 $ 0
Gross royalty interests (in acres) | a 370,737 370,737
1/128th nonparticipating perpetual royalty interest    
Oil and gas royalty interests:    
1/128th nonparticipating perpetual royalty interests $ 0 $ 0
Gross royalty interests (in acres) | a 84,934 84,934
Royalty interests in acres    
Oil and gas royalty interests:    
Net royalty interest acquired (in acres) | a 15,897 4,302