2023 Q1 Form 10-K Financial Statement

#000194455823000024 Filed on February 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $57.96M $300.1M $300.1M
YoY Change -10.8% 394.38% 62.04%
Cost Of Revenue $14.34M $73.41M $73.41M
YoY Change 365.41% 25.6%
Gross Profit $43.63M $226.7M $226.7M
YoY Change 404.55% 78.85%
Gross Profit Margin 75.27% 75.54% 75.54%
Selling, General & Admin $38.83M $9.067M $9.067M
YoY Change 161.15% -24.38%
% of Gross Profit 89.02% 4.0% 4.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.47M $17.42M $63.73M
YoY Change 13.35% 4.74%
% of Gross Profit 42.34% 7.69% 28.12%
Operating Expenses $71.64M $72.80M $146.2M
YoY Change 106.98% 286.37% 100.73%
Operating Profit -$13.68M $153.9M $153.9M
YoY Change -145.05% 489.93% 185.48%
Interest Expense $1.181M -$34.98M $4.153M
YoY Change 66.57% 10010.69% -111.6%
% of Operating Profit -22.74% 2.7%
Other Income/Expense, Net $6.236M $20.00K -$34.96M
YoY Change -116.62% 566.67% -249835.71%
Pretax Income -$7.444M $118.9M $118.9M
YoY Change 4.01% 361.96% 556.41%
Income Tax $40.40M $0.00
% Of Pretax Income 0.0%
Net Earnings -$47.82M $118.9M $118.9M
YoY Change 568.09% 361.96% 556.41%
Net Earnings / Revenue -82.5% 39.63% 39.63%
Basic Earnings Per Share -$1.67 $0.26
Diluted Earnings Per Share -$1.67 $4.17 $0.26
COMMON SHARES
Basic Shares Outstanding 28.52M shares 450.0M shares
Diluted Shares Outstanding 29.66M shares 438.6M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.375M $10.01M $10.01M
YoY Change 257.27% 257.27%
Cash & Equivalents $3.375M $10.01M
Short-Term Investments
Other Short-Term Assets $9.097M $2.953M $2.953M
YoY Change 77.78% 77.78%
Inventory
Prepaid Expenses
Receivables $30.40M $41.39M $41.39M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $42.87M $54.35M $54.35M
YoY Change 49.24% 49.24%
LONG-TERM ASSETS
Property, Plant & Equipment $97.00K $114.0K $603.1M
YoY Change -99.98% 4.48%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.830M $3.240M $3.040M
YoY Change 227.94% 522.95%
Total Long-Term Assets $647.1M $606.1M $606.1M
YoY Change 4.92% 4.92%
TOTAL ASSETS
Total Short-Term Assets $42.87M $54.35M $54.35M
Total Long-Term Assets $647.1M $606.1M $606.1M
Total Assets $689.9M $660.5M $660.5M
YoY Change 7.55% 7.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.627M $7.207M $7.207M
YoY Change 56.91% 56.91%
Accrued Expenses $17.37M $25.85M $25.85M
YoY Change 38.85% 38.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $28.21M $36.68M $36.68M
YoY Change 13.91% 13.91%
LONG-TERM LIABILITIES
Long-Term Debt $45.00M $48.00M $48.00M
YoY Change -29.41% -29.41%
Other Long-Term Liabilities $1.406M $0.00 $6.823M
YoY Change -100.0% -53.6%
Total Long-Term Liabilities $1.406M $0.00 $54.82M
YoY Change -100.0% -33.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $28.21M $36.68M $36.68M
Total Long-Term Liabilities $1.406M $0.00 $54.82M
Total Liabilities $126.8M $91.50M $91.50M
YoY Change -20.37% -20.37%
SHAREHOLDERS EQUITY
Retained Earnings -$49.65M
YoY Change
Common Stock $328.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $563.1M $569.0M $569.0M
YoY Change
Total Liabilities & Shareholders Equity $689.9M $660.5M $660.5M
YoY Change 7.55% 7.55%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$47.82M $118.9M $118.9M
YoY Change 568.09% 361.96% 556.41%
Depreciation, Depletion And Amortization $18.47M $17.42M $63.73M
YoY Change 13.35% 4.74%
Cash From Operating Activities $39.21M $38.62M $147.0M
YoY Change 53.15% 32.41% 69.07%
INVESTING ACTIVITIES
Capital Expenditures $22.73M $27.27M $84.58M
YoY Change 130.81% 95.27%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities -$22.73M -$27.27M -$84.58M
YoY Change 18.77% 130.81% 95.27%
FINANCING ACTIVITIES
Cash Dividend Paid $14.50M $36.00M
YoY Change -19.45% 200.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$23.11M -11.99M -$57.81M
YoY Change 156.55% -37.09% 35.74%
NET CHANGE
Cash From Operating Activities $39.21M 38.62M $147.0M
Cash From Investing Activities -$22.73M -27.27M -$84.58M
Cash From Financing Activities -$23.11M -11.99M -$57.81M
Net Change In Cash -$6.632M -633.0K $4.651M
YoY Change 160.69% -62.85% 335.9%
FREE CASH FLOW
Cash From Operating Activities $39.21M $38.62M $147.0M
Capital Expenditures $22.73M $27.27M $84.58M
Free Cash Flow $16.48M $11.36M $62.46M
YoY Change -34.56% 43.08%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2022 dei Entity Registrant Name
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Vitesse Energy, Inc.
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Background and Nature of OperationsVitesse Energy, Inc. (the “Company” or "VTS") was incorporated as a corporation under the General Corporation Law of the State of Delaware on August 5, 2022. The Company was formed for the purpose of effecting a “spin-off” transaction by Jefferies Financial Group Inc. (“Jefferies" or "JFG”). Prior to the spin-off, the Company will acquire all of the issued and outstanding equity interests of Vitesse Energy, LLC (“Vitesse Energy”) and Vitesse Oil, LLC, which together represent substantially all of those businesses or investments of Jefferies that acquire, develop, manage and monetize non-operated oil and natural gas working, royalty and mineral interests in the United States. Immediately prior to the completion of the spin-off, the Company will succeed to the operations of its predecessor, Vitesse Energy, and will become an independent, publicly traded company.
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Basis of Presentation and Accounting<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9.5pt;font-weight:400;line-height:125%">The balance sheet is presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Separate statements of operations, comprehensive income, changes in stockholder’s equity, and cash flows have not been presented because there have been no operations since the Company was formed.</span></div><div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9.5pt;font-weight:400;line-height:125%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates.</span></div>
CY2022 us-gaap Use Of Estimates
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Use of EstimatesThe preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet. Actual results could differ from those estimates<div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9.5pt;font-weight:400;line-height:125%">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9.5pt;font-weight:400;line-height:125%">Depletion, depreciation, and amortization (“DD&amp;A”) and the evaluation of proved oil and gas properties for impairment are determined using estimates of oil and gas reserves. There are numerous uncertainties in estimating the quantity of reserves and in projecting the future rates of production and timing of development expenditures, which includes lack of control over future development plans as a non-operator. Oil and gas reserve engineering is a subjective process of estimating underground accumulations of oil and gas that cannot be measured in an exact way. In addition, significant estimates include, but are not limited to, estimates relating to certain crude oil and natural gas revenues and expenses, fair value of assets acquired and liabilities assumed in business combinations, valuation of unit-based compensation, and valuation of commodity derivative instruments. Further, these estimates and other factors, including those outside of the Company’s control, such as the impact of lower commodity prices, may have a significant adverse impact to the Company’s business, financial condition, results of operations and cash flows.</span></div>
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CY2021 us-gaap Impairment Of Oil And Gas Properties
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0 usd
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
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CY2022 us-gaap Share Based Compensation
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CY2021Q4 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Operating Expenses
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CY2021Q4 us-gaap Operating Expenses
OperatingExpenses
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CY2021 us-gaap Operating Expenses
OperatingExpenses
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CY2020 us-gaap Operating Expenses
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CY2022 us-gaap Operating Income Loss
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CY2021Q4 us-gaap Operating Income Loss
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CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2020 us-gaap Operating Income Loss
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CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
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CY2021Q4 us-gaap Gain Loss On Derivative Instruments Net Pretax
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CY2021 us-gaap Gain Loss On Derivative Instruments Net Pretax
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CY2020 us-gaap Gain Loss On Derivative Instruments Net Pretax
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CY2022 us-gaap Interest Expense
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CY2021Q4 us-gaap Interest Expense
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CY2021 us-gaap Interest Expense
InterestExpense
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CY2020 us-gaap Interest Expense
InterestExpense
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CY2022 us-gaap Other Nonoperating Income Expense
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CY2021Q4 us-gaap Other Nonoperating Income Expense
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CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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CY2020 us-gaap Other Nonoperating Income Expense
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CY2022 us-gaap Nonoperating Income Expense
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CY2021Q4 us-gaap Nonoperating Income Expense
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CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2020 us-gaap Nonoperating Income Expense
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CY2022 us-gaap Net Income Loss
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CY2021Q4 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Earnings Per Share Diluted
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0.26
CY2022 us-gaap Earnings Per Share Basic
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CY2021Q4 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2021 us-gaap Earnings Per Share Basic
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CY2020 us-gaap Earnings Per Share Diluted
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CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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0
CY2022 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Basic
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0
CY2021Q4 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Diluted
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0
CY2021Q4 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Basic
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CY2021 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Diluted
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityDiluted
0
CY2021 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Basic
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityBasic
0
CY2020 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Diluted
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityDiluted
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CY2020 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Basic
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CY2020Q4 us-gaap Members Equity
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CY2021 us-gaap Net Income Loss
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CY2021 vitesse Distribution To Common Unit Holders
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CY2021Q4 us-gaap Members Equity
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CY2021Q4 vitesse Members Equity Liability Based Award Fair Value Adjustment
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CY2021Q4 us-gaap Members Equity
MembersEquity
480074000 usd
CY2022 us-gaap Net Income Loss
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118903000 usd
CY2022 vitesse Distribution To Common Unit Holders
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36000000 usd
CY2022 vitesse Members Equity Liability Based Award Fair Value Adjustment
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1446000 usd
CY2022Q4 us-gaap Members Equity
MembersEquity
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CY2022 us-gaap Net Income Loss
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CY2021Q4 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
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CY2021Q4 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
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5417000 usd
CY2021 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
60846000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
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16294000 usd
CY2021Q4 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
2472000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2021Q4 us-gaap Share Based Compensation
ShareBasedCompensation
2628000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1409000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2022 us-gaap Amortization Of Financing Costs
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472000 usd
CY2021Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
27000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
276000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
362000 usd
CY2022 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2021Q4 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2021 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
13200000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
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15959000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
842000 usd
CY2021Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1303000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2021Q4 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
669000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-997000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2022 us-gaap Increase Decrease In Accrued Liabilities
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2739000 usd
CY2021Q4 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
493000 usd
CY2021 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
2700000 usd
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
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CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2021Q4 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
26000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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147041000 usd
CY2021Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12520000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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CY2022 us-gaap Payments To Acquire Oil And Gas Property
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28547000 usd
CY2021Q4 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
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CY2021 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
6210000 usd
CY2020 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
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CY2022 us-gaap Payments To Explore And Develop Oil And Gas Properties
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CY2021Q4 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
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CY2021 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
36986000 usd
CY2020 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
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CY2022 us-gaap Payments To Acquire Other Property Plant And Equipment
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12000 usd
CY2021Q4 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
2000 usd
CY2021 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
121000 usd
CY2020 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
113000 usd
CY2022 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 usd
CY2021Q4 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2021 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
16000000 usd
CY2021Q4 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 usd
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
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CY2020 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
10000000 usd
CY2022 us-gaap Repayments Of Long Term Lines Of Credit
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36000000 usd
CY2021Q4 us-gaap Repayments Of Long Term Lines Of Credit
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CY2021 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
31500000 usd
CY2020 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
15500000 usd
CY2022 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
36000000 usd
CY2021Q4 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
6000000 usd
CY2021 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
12000000 usd
CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
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CY2022 us-gaap Payments Of Debt Issuance Costs
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CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
87000 usd
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
28000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021Q4 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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4651000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2555000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1067000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5356000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2801000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1734000 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1761000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10007000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5356000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2801000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1734000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
3595000 usd
CY2021Q4 us-gaap Interest Paid Net
InterestPaidNet
182000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
2896000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
4376000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
21266000 usd
CY2021Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14352000 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15174000 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
15690000 usd
CY2022 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
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347000 usd
CY2021Q4 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
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0 usd
CY2021 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
192000 usd
CY2020 us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
338000 usd
CY2022 vitesse Unit Based Compensation Liability Transferred To Redeemable Management Incentive Units
UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits
481000 usd
CY2021Q4 vitesse Unit Based Compensation Liability Transferred To Redeemable Management Incentive Units
UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits
0 usd
CY2021 vitesse Unit Based Compensation Liability Transferred To Redeemable Management Incentive Units
UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits
636000 usd
CY2020 vitesse Unit Based Compensation Liability Transferred To Redeemable Management Incentive Units
UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits
655000 usd
CY2022 us-gaap Fiscal Period
FiscalPeriod
<div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Change in Fiscal Year End</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9.5pt;font-weight:400;line-height:125%">On November 30, 2022, the Board of Managers approved a change in the Company's fiscal year end from November 30 to December 31. The Company's 2022 fiscal year began on January 1, 2022 and ended on December 31, 2022. As a result of this change, the Company has also presented financial statements as of and for the month ended December 31, 2021 ("Transition Period").</span></div>
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2021Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
63300000 usd
CY2021 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
60400000 usd
CY2020 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
58000000 usd
CY2021Q4 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
5400000 usd
CY2022 vitesse Oil And Gas Properties Successful Effort Method Depletion Rate Per Barrel Of Oil Equivalent
OilAndGasPropertiesSuccessfulEffortMethodDepletionRatePerBarrelOfOilEquivalent
16.71
CY2021Q4 vitesse Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
8000000 usd
CY2021Q4 vitesse Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
11500000 usd
CY2022Q4 vitesse Accrued Lease Operating Expenses Net Current
AccruedLeaseOperatingExpensesNetCurrent
2740000 usd
CY2021 vitesse Oil And Gas Properties Successful Effort Method Depletion Rate Per Barrel Of Oil Equivalent
OilAndGasPropertiesSuccessfulEffortMethodDepletionRatePerBarrelOfOilEquivalent
16.73
CY2020 vitesse Oil And Gas Properties Successful Effort Method Depletion Rate Per Barrel Of Oil Equivalent
OilAndGasPropertiesSuccessfulEffortMethodDepletionRatePerBarrelOfOilEquivalent
16.40
CY2021Q4 vitesse Oil And Gas Properties Successful Effort Method Depletion Rate Per Barrel Of Oil Equivalent
OilAndGasPropertiesSuccessfulEffortMethodDepletionRatePerBarrelOfOilEquivalent
16.97
CY2022 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2021 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2021Q4 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2020 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
13200000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:9.5pt;font-weight:400;line-height:125%">For the years ended December 31, 2022, November 30, 2021 and November 30, 2020 and the month ended December 31, 2021, four, three, two and three operators accounted for 54 percent , 37 percent, 30 percent and 42 percent of oil and natural gas revenue, respectively. As of December 31, 2022, December 31, 2021 and November 30, 2021, four, three and four operators accounted for 65 percent, 42 percent and 52 percent, respectively, of oil and natural gas revenue receivable. The Company’s oil and natural gas revenue receivable is generated from the sale of oil and natural gas by operators on its behalf. The Company monitors the financial condition of its operators.</span></div>
CY2022 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
28500000 usd
CY2021 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
6200000 usd
CY2020 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
9200000 usd
CY2021Q4 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
100000 usd
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15500000 usd
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2391000 usd
CY2021Q4 vitesse Accrued Lease Operating Expenses Net Current
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1270000 usd
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3524000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
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2935000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
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2714000 usd
CY2022Q4 vitesse Accrued Derivative Settlement Current
AccruedDerivativeSettlementCurrent
189000 usd
CY2021Q4 vitesse Accrued Derivative Settlement Current
AccruedDerivativeSettlementCurrent
1685000 usd
CY2021Q4 vitesse Accrued Derivative Settlement Current
AccruedDerivativeSettlementCurrent
2450000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
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1068000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
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599000 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
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683000 usd
CY2022Q4 vitesse Accrued Spin Related Expenditures Current
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2828000 usd
CY2021Q4 vitesse Accrued Spin Related Expenditures Current
AccruedSpinRelatedExpendituresCurrent
0 usd
CY2021Q4 vitesse Accrued Spin Related Expenditures Current
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0 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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25849000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
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15610000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
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18617000 usd
CY2021Q4 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6156000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6132000 usd
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
5666000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
347000 usd
CY2021Q4 us-gaap Asset Retirement Obligation Liabilities Incurred
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0 usd
CY2021 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
123000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
320000 usd
CY2021Q4 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
24000 usd
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
274000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 usd
CY2021 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
69000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6823000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6156000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
6132000 usd
CY2022 us-gaap Payments Of Distributions To Affiliates
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36000000 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000 usd
CY2020 us-gaap Operating Lease Expense
OperatingLeaseExpense
400000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
200000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
500000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
200000 usd
CY2021Q4 us-gaap Operating Lease Liability
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500000 usd
CY2022Q4 us-gaap Common Unit Authorized
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450000000 shares
CY2021Q4 us-gaap Common Unit Authorized
CommonUnitAuthorized
450000000 shares
CY2021Q4 us-gaap Common Unit Authorized
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450000000 shares
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CY2022Q4 us-gaap Common Unit Issued
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CY2021Q4 us-gaap Common Unit Issued
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450000000 shares
CY2021Q4 us-gaap Common Unit Outstanding
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450000000 shares
CY2022Q4 us-gaap Common Unit Outstanding
CommonUnitOutstanding
450000000 shares
CY2021Q4 us-gaap Common Unit Issued
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450000000 shares
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CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
1000000 shares
CY2021Q4 us-gaap Temporary Equity Shares Authorized
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1000000 shares
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
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953750 shares
CY2021Q4 us-gaap Temporary Equity Shares Outstanding
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953750 shares
CY2021Q4 us-gaap Temporary Equity Shares Issued
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953750 shares
CY2022Q4 us-gaap Temporary Equity Shares Outstanding
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953750 shares
CY2021Q4 us-gaap Temporary Equity Shares Issued
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953750 shares
CY2022Q4 us-gaap Temporary Equity Shares Issued
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953750 shares
CY2022Q4 vitesse Common Units Issuance Value Per Share
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CY2022Q4 us-gaap Common Unit Issuance Value
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CY2021Q4 us-gaap Allocated Share Based Compensation Expense
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2628000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
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CY2020 us-gaap Allocated Share Based Compensation Expense
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CY2021Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
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CY2021Q4 us-gaap Deferred Compensation Sharebased Arrangements Liability Classified Noncurrent
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8352000 usd
CY2022 us-gaap Payments Of Distributions To Affiliates
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36000000 usd
CY2021 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
12000000 usd
CY2020 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
0 usd
CY2021Q4 us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
6000000 usd
CY2022 us-gaap Net Income Loss
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CY2021Q4 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
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CY2020 us-gaap Net Income Loss
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CY2022 vitesse In Substance Options On Common Units Common Unit Option Grant
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3006000 usd
CY2021Q4 vitesse In Substance Options On Common Units Common Unit Option Grant
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0 usd
CY2021 vitesse In Substance Options On Common Units Common Unit Option Grant
InSubstanceOptionsOnCommonUnitsCommonUnitOptionGrant
458000 usd
CY2020 vitesse In Substance Options On Common Units Common Unit Option Grant
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CY2022 vitesse In Substance Options On Founder Management Incentive Units Founder Management Incentive Unit Option Grant
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0 usd
CY2021Q4 vitesse In Substance Options On Founder Management Incentive Units Founder Management Incentive Unit Option Grant
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0 usd
CY2021 vitesse In Substance Options On Founder Management Incentive Units Founder Management Incentive Unit Option Grant
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CY2020 vitesse In Substance Options On Founder Management Incentive Units Founder Management Incentive Unit Option Grant
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CY2021Q4 vitesse Non Founder Management Incentive Units Classified As Temporary Equity
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CY2021 vitesse Non Founder Management Incentive Units Classified As Temporary Equity
NonFounderManagementIncentiveUnitsClassifiedAsTemporaryEquity
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CY2020 vitesse Non Founder Management Incentive Units Classified As Temporary Equity
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CY2021Q4 vitesse Non Founder Management Incentive Units Classified As Liabilities
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CY2021 vitesse Non Founder Management Incentive Units Classified As Liabilities
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0 usd
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Earnings Per Share Basic
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CY2020 vitesse Non Founder Management Incentive Units Classified As Liabilities
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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17656000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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450000000 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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450000000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
450000000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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450000000 shares
CY2022 vitesse Weighted Average Number Of Shares Common Units Accounted For As In Substance Options
WeightedAverageNumberOfSharesCommonUnitsAccountedForAsInSubstanceOptions
11375000 shares
CY2021Q4 vitesse Weighted Average Number Of Shares Common Units Accounted For As In Substance Options
WeightedAverageNumberOfSharesCommonUnitsAccountedForAsInSubstanceOptions
11375000 shares
CY2021 vitesse Weighted Average Number Of Shares Common Units Accounted For As In Substance Options
WeightedAverageNumberOfSharesCommonUnitsAccountedForAsInSubstanceOptions
11375000 shares
CY2020 vitesse Weighted Average Number Of Shares Common Units Accounted For As In Substance Options
WeightedAverageNumberOfSharesCommonUnitsAccountedForAsInSubstanceOptions
11375000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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438625000 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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438625000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q4 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Earnings Per Share Basic
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CY2021 us-gaap Temporary Equity Net Income
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CY2020 us-gaap Temporary Equity Net Income
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CY2022 vitesse Management Incentive Units Classified In Temporary Equity
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250000 shares
CY2021Q4 vitesse Management Incentive Units Classified In Temporary Equity
ManagementIncentiveUnitsClassifiedInTemporaryEquity
234000 shares
CY2021 vitesse Management Incentive Units Classified In Temporary Equity
ManagementIncentiveUnitsClassifiedInTemporaryEquity
234000 shares
CY2020 vitesse Management Incentive Units Classified In Temporary Equity
ManagementIncentiveUnitsClassifiedInTemporaryEquity
196000 shares
CY2022 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Diluted
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0
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0
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0
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0
CY2021 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Basic
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0
CY2021 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Diluted
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0
CY2020 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Diluted
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0
CY2020 vitesse Earnings Per Non Founder Management Incentive Unit Temporary Equity Basic
EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityBasic
0
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
28547000 usd
CY2021Q4 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
117000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
6210000 usd
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
9234000 usd
CY2022 us-gaap Costs Incurred Development Costs
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63284000 usd
CY2021Q4 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
3015000 usd
CY2021 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
36769000 usd
CY2020 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
36859000 usd
CY2022 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
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91831000 usd
CY2021Q4 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
3132000 usd
CY2021 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
42979000 usd
CY2020 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
46093000 usd
CY2019Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
55825000 boe
CY2020 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-9048000 boe
CY2020 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
1096000 boe
CY2020 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
2905000 boe
CY2020 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
3534000 boe
CY2020Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
47244000 boe
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-3695000 boe
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
1340000 boe
CY2021 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
1258000 boe
CY2021 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
3614000 boe
CY2021Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
42534000 boe
srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
119000 boe
srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
0 boe
srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
8000 boe
srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
317000 boe
CY2021Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
42344000 boe
CY2022 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
226000 boe
CY2022 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
1846000 boe
CY2022 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
3168000 boe
CY2022 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
3787000 boe
CY2022Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
43797000 boe
CY2019Q4 srt Proved Developed Reserves Boe1
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25438000 boe
CY2020Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
25744000 boe
CY2021Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
27504000 boe
CY2021Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
27288000 boe
CY2022Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
27106000 boe
CY2019Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
30386000 boe
CY2020Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
21500000 boe
CY2021Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
15030000 boe
CY2021Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
15055000 boe
CY2022Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
16691000 boe
CY2022 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
3.2 mmboe
CY2022 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
0.2 mmboe
CY2022 vitesse Proved Reserves Revisions Of Previous Estimates Due Adjustments Crude Oil And Natural Gas Prices
ProvedReservesRevisionsOfPreviousEstimatesDueAdjustmentsCrudeOilAndNaturalGasPrices
1.3 mmboe
CY2022 vitesse Proved Reserves Revisions Of Previous Estimates Due To Upward Downward Adjustments Removal Of Drilling Locations
ProvedReservesRevisionsOfPreviousEstimatesDueToUpwardDownwardAdjustmentsRemovalOfDrillingLocations
-0.3 mmboe
CY2022 vitesse Proved Reserves Revisions Of Previous Estimates Due To Upward Downward Adjustments Development Plan
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CY2022 vitesse Proved Reserves Revisions Of Previous Estimates Due To Upward Downward Adjustments Well Performance
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CY2022 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
1.8 mmboe
CY2022 vitesse Proved Developed Reserves Additions Energy
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1.6 mmboe
CY2022 vitesse Proved Undeveloped Reserves Additions Energy
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0.2 mmboe
CY2021Q4 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
0.1 mmboe
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
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CY2021 vitesse Proved Reserves Revisions Of Previous Estimates Due Adjustments Crude Oil And Natural Gas Prices
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4.3 mmboe
CY2021 vitesse Proved Reserves Revisions Of Previous Estimates Due To Upward Downward Adjustments Well Performance
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-0.6 mmboe
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
1.3 mmboe
CY2020 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
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CY2020 vitesse Proved Reserves Revisions Of Previous Estimates Due Adjustments Crude Oil And Natural Gas Prices
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CY2020 vitesse Proved Reserves Revisions Of Previous Estimates Due To Upward Downward Adjustments Well Performance
ProvedReservesRevisionsOfPreviousEstimatesDueToUpwardDownwardAdjustmentsWellPerformance
1.2 mmboe
CY2020 vitesse Proved Reserves Revisions Of Previous Estimates Due To Upward Downward Adjustments Removal Of Drilling Locations
ProvedReservesRevisionsOfPreviousEstimatesDueToUpwardDownwardAdjustmentsRemovalOfDrillingLocations
-0.6 mmboe
CY2020 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
1.0 mmboe
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
3420665000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
2206162000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
2151098000 usd
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
1405418000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
965151000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
823223000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
816329000 usd
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
713495000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
276399000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
244913000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
230101000 usd
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
245128000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
0 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
0 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
0 usd
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
0 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
2179115000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
1138026000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
1104668000 usd
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
446795000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
999131000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
509625000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
503055000 usd
CY2020Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
255617000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1179984000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
628401000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
601613000 usd
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
191178000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
628401000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
601613000 usd
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
191178000 usd
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
504029000 usd
CY2022 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
226666000 usd
CY2021Q4 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
12854000 usd
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
126733000 usd
CY2020 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
49948000 usd
CY2022 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
41373000 usd
CY2021Q4 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
0 usd
CY2021 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
17911000 usd
CY2020 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
2332000 usd
CY2022 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
714000 usd
CY2021Q4 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
0 usd
CY2021 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
16924000 usd
CY2020 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
22308000 usd
CY2022 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
575120000 usd
CY2021Q4 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
32271000 usd
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
415685000 usd
CY2020 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-322506000 usd
CY2022 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-3758000 usd
CY2021Q4 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-11048000 usd
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
22606000 usd
CY2020 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
79816000 usd
CY2022 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
18140000 usd
CY2021Q4 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
2153000 usd
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-17833000 usd
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
2668000 usd
CY2020 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-115228000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
62840000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
5013000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
19118000 usd
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
50403000 usd
CY2022 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
0 usd
CY2021Q4 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
0 usd
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
0 usd
CY2020 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
0 usd
CY2022 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
122421000 usd
CY2021Q4 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
117000 usd
CY2021 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
23272000 usd
CY2020 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
17304000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-38601000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
11136000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
39485000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1179984000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
628401000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
601613000 usd
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
191178000 usd

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