10-K Filing

VITESSE ENERGY, INC. CIK: 1944558 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001944558-24-000021`
Period End Date	20231231
Filing Date	20240226
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	vitesse-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 65 Income Statement 90 Cash Flow Statement 130 Stockholders Equity 29

Balance Sheet 65 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`Cash`	$10.01M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$552.00K	USD	Point-in-time
Revenue receivable	`AccountsReceivableNetCurrent`	$44.91M	USD	Point-in-time
Revenue receivable	`AccountsReceivableNetCurrent`	$41.39M	USD	Point-in-time
Par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Commodity derivatives (Note 6)	`DerivativeAssetsCurrent`	$2.11M	USD	Point-in-time
Commodity derivatives (Note 6)	`DerivativeAssetsCurrent`	$10.04M	USD	Point-in-time
Shares authorized (in shares)	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.84M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$841.00K	USD	Point-in-time
Shares issued (in shares)	`CommonStockSharesIssued`	32.81M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$54.35M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$58.35M	USD	Point-in-time
Proved oil and gas properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$1.17B	USD	Point-in-time
Proved oil and gas properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$985.75M	USD	Point-in-time
Less accumulated DD&A and impairment	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment`	$382.97M	USD	Point-in-time
Less accumulated DD&A and impairment	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment`	$464.04M	USD	Point-in-time
Total oil and gas properties	`OilAndGasPropertySuccessfulEffortMethodNet`	$602.78M	USD	Point-in-time
Total oil and gas properties	`OilAndGasPropertySuccessfulEffortMethodNet`	$704.34M	USD	Point-in-time
Other Property and EquipmentNet	`PropertyPlantAndEquipmentNet`	$189.00K	USD	Point-in-time
Other Property and EquipmentNet	`PropertyPlantAndEquipmentNet`	$114.00K	USD	Point-in-time
Commodity derivatives (Note 6)	`DerivativeAssetsNoncurrent`	$1.16M	USD	Point-in-time
Commodity derivatives (Note 6)	`DerivativeAssetsNoncurrent`	$1.11M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$1.98M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$2.08M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$3.09M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$3.24M	USD	Point-in-time
Total assets	`Assets`	$765.97M	USD	Point-in-time
Total assets	`Assets`	$660.48M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$27.69M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.21M	USD	Point-in-time
Accrued liabilities (Note 7)	`AccruedLiabilitiesCurrent`	$32.51M	USD	Point-in-time
Accrued liabilities (Note 7)	`AccruedLiabilitiesCurrent`	$25.85M	USD	Point-in-time
Commodity derivatives (Note 6)	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Commodity derivatives (Note 6)	`DerivativeLiabilitiesCurrent`	$3.44M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$204.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$184.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$60.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$36.68M	USD	Point-in-time
Revolving credit facility (Note 5)	`LongTermLineOfCredit`	$48.00M	USD	Point-in-time
Revolving credit facility (Note 5)	`LongTermLineOfCredit`	$81.00M	USD	Point-in-time
Deferred tax liability (Note 13)	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred tax liability (Note 13)	`DeferredIncomeTaxLiabilitiesNet`	$64.33M	USD	Point-in-time
Asset retirement obligations (Note 8)	`AssetRetirementObligationsNoncurrent`	$8.35M	USD	Point-in-time
Asset retirement obligations (Note 8)	`AssetRetirementObligationsNoncurrent`	$6.82M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$5.48M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$219.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$91.50M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable Management Incentive Units (Note 12)	`TemporaryEquityCarryingAmountAttributableToParent`	$4.56M	USD	Point-in-time
Preferred stock, $0.01 par value, 5,000,000 shares authorized; 0 shares issued at December 31, 2023	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 95,000,000 shares authorized; 32,812,007 shares issued at December 31, 2023	`CommonStockValue`	$328.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$567.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-21.58M	USD	Point-in-time
Predecessor members' equity-common units-450,000,000 units outstanding (Note 12)	`MembersEquity`	$494.39M	USD	Point-in-time
Predecessor members' equity-common units-450,000,000 units outstanding (Note 12)	`MembersEquity`	$564.42M	USD	Point-in-time
Predecessor members' equity-common units-450,000,000 units outstanding (Note 12)	`MembersEquity`	$489.81M	USD	Point-in-time
Predecessor members' equity-common units-450,000,000 units outstanding (Note 12)	`MembersEquity`	$480.07M	USD	Point-in-time
Total liabilities, redeemable units, and equity	`LiabilitiesAndStockholdersEquity`	$660.48M	USD	Point-in-time
Total liabilities, redeemable units, and equity	`LiabilitiesAndStockholdersEquity`	$765.97M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$167.84M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$16.47M	USD	Point-in-time
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$281.89M	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$233.91M	USD	Annual
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$26.57M	USD	Annual
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$2.27M	USD	Point-in-time
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$39.51M	USD	Annual
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$31.13M	USD	Annual
Production taxes	`ProductionTaxExpense`	$1.34M	USD	Point-in-time
Production taxes	`ProductionTaxExpense`	$21.62M	USD	Annual
Production taxes	`ProductionTaxExpense`	$14.54M	USD	Annual
Production taxes	`ProductionTaxExpense`	$24.09M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$950.00K	USD	Point-in-time
General and administrative	`GeneralAndAdministrativeExpense`	$23.93M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$10.58M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$19.83M	USD	Annual
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$60.85M	USD	Annual
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$63.73M	USD	Annual
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$5.42M	USD	Point-in-time
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$81.75M	USD	Annual
Equity-based compensation	`ShareBasedCompensation`	$2.63M	USD	Point-in-time
Equity-based compensation	`ShareBasedCompensation`	$32.23M	USD	Annual
Equity-based compensation	`ShareBasedCompensation`	$1.41M	USD	Annual
Equity-based compensation	`ShareBasedCompensation`	$-10.77M	USD	Annual
Total operating expenses	`OperatingExpenses`	$199.05M	USD	Annual
Total operating expenses	`OperatingExpenses`	$113.94M	USD	Annual
Total operating expenses	`OperatingExpenses`	$128.02M	USD	Annual
Total operating expenses	`OperatingExpenses`	$12.61M	USD	Point-in-time
Operating Income	`OperatingIncomeLoss`	$34.85M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$153.87M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$3.86M	USD	Point-in-time
Operating Income	`OperatingIncomeLoss`	$53.90M	USD	Annual
Commodity derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-30.83M	USD	Annual
Commodity derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-32.59M	USD	Annual
Commodity derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$12.48M	USD	Annual
Commodity derivative gain (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-10.98M	USD	Point-in-time
Interest expense	`InterestExpense`	$237.00K	USD	Point-in-time
Interest expense	`InterestExpense`	$5.28M	USD	Annual
Interest expense	`InterestExpense`	$4.15M	USD	Annual
Interest expense	`InterestExpense`	$3.21M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$14.00K	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$1.00K	USD	Point-in-time
Other income	`OtherNonoperatingIncomeExpense`	$140.00K	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$20.00K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$7.35M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-34.96M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-11.22M	USD	Point-in-time
Total other income (expense)	`NonoperatingIncomeExpense`	$-35.78M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.36M	USD	Point-in-time
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.11M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$118.90M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$42.20M	USD	Annual
(Provision for) Benefit from Income Taxes	`IncomeTaxExpenseBenefit`	$61.95M	USD	Annual
(Provision for) Benefit from Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
(Provision for) Benefit from Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Point-in-time
(Provision for) Benefit from Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net (Loss) Income	`NetIncomeLoss`	$18.11M	USD	Annual
Net (Loss) Income	`NetIncomeLoss`	$118.90M	USD	Annual
Net (Loss) Income	`NetIncomeLoss`	$-7.36M	USD	Point-in-time
Net (Loss) Income	`NetIncomeLoss`	$-19.74M	USD	Annual
Net income (loss) attributable to Predecessor common unit holders	`NetIncomeLossAttributableToPredecessorCommonUnitHolders`	$7.36M	USD	Point-in-time
Net income (loss) attributable to Predecessor common unit holders	`NetIncomeLossAttributableToPredecessorCommonUnitHolders`	$-18.11M	USD	Annual
Net income (loss) attributable to Predecessor common unit holders	`NetIncomeLossAttributableToPredecessorCommonUnitHolders`	$-118.90M	USD	Annual
Net income (loss) attributable to Predecessor common unit holders	`NetIncomeLossAttributableToPredecessorCommonUnitHolders`	$-1.83M	USD	Annual
Net Loss Attributable to Vitesse Energy, Inc.	`NetIncomeLossAttributableToParentExcludingPredecessor`	$-21.58M	USD	Annual
Net Loss Attributable to Vitesse Energy, Inc.	`NetIncomeLossAttributableToParentExcludingPredecessor`	-	USD	Annual
Net Loss Attributable to Vitesse Energy, Inc.	`NetIncomeLossAttributableToParentExcludingPredecessor`	-	USD	Point-in-time
Net Loss Attributable to Vitesse Energy, Inc.	`NetIncomeLossAttributableToParentExcludingPredecessor`	-	USD	Annual
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	438.62M	shares	Point-in-time
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	438.62M	shares	Annual
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	438.62M	shares	Annual
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.56M	shares	Annual
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.62M	shares	Annual
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.62M	shares	Point-in-time
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	438.62M	shares	Annual
Weighted Average Common Units Outstanding (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.56M	shares	Annual
Net (loss) income per common share / Predecessor common unit, basic (in USD per share)	`EarningsPerShareBasic`	$0.26	USD	Annual
Net (loss) income per common share / Predecessor common unit, basic (in USD per share)	`EarningsPerShareBasic`	$-0.73	USD	Annual
Net (loss) income per common share / Predecessor common unit, basic (in USD per share)	`EarningsPerShareBasic`	$0.04	USD	Annual
Net (loss) income per common share / Predecessor common unit, basic (in USD per share)	`EarningsPerShareBasic`	$-0.02	USD	Point-in-time
Net (loss) income per common share / Predecessor common unit, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.04	USD	Annual
Net (loss) income per common share / Predecessor common unit, diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.02	USD	Point-in-time
Net (loss) income per common share / Predecessor common unit, diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.73	USD	Annual
Net (loss) income per common share / Predecessor common unit, diluted (in USD per share)	`EarningsPerShareDiluted`	$0.26	USD	Annual
Net loss per Predecessor non-founder MIUs classified as temporary equitybasic (in USD per share)	`EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityBasic`	-	USD	Point-in-time
Net loss per Predecessor non-founder MIUs classified as temporary equitybasic (in USD per share)	`EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityBasic`	-	USD	Annual
Net loss per Predecessor non-founder MIUs classified as temporary equitybasic (in USD per share)	`EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityBasic`	-	USD	Annual
Diluted EPU (in USD per share)	`EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityDiluted`	-	USD	Annual
Diluted EPU (in USD per share)	`EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityDiluted`	-	USD	Point-in-time
Diluted EPU (in USD per share)	`EarningsPerNonFounderManagementIncentiveUnitTemporaryEquityDiluted`	-	USD	Annual

Cash Flow Statement 130 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$18.11M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$118.90M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-7.36M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-19.74M	USD	Annual
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$60.85M	USD	Annual
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$63.73M	USD	Annual
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$5.42M	USD	Point-in-time
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$81.75M	USD	Annual
Unrealized (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$11.32M	USD	Annual
Unrealized (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-9.31M	USD	Point-in-time
Unrealized (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$16.29M	USD	Annual
Unrealized (gain) loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-18.69M	USD	Annual
Equity-based compensation	`ShareBasedCompensation`	$2.63M	USD	Point-in-time
Equity-based compensation	`ShareBasedCompensation`	$32.23M	USD	Annual
Equity-based compensation	`ShareBasedCompensation`	$1.41M	USD	Annual
Equity-based compensation	`ShareBasedCompensation`	$-10.77M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$61.95M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$27.00K	USD	Point-in-time
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$472.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$655.00K	USD	Annual
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$276.00K	USD	Annual
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.33M	USD	Point-in-time
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$810.00K	USD	Annual
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$15.96M	USD	Annual
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$10.76M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$842.00K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.92M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-11.00K	USD	Point-in-time
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.86M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-147.00K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$2.41M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$669.00K	USD	Point-in-time
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-997.00K	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.74M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$493.00K	USD	Point-in-time
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-3.31M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.70M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingAssets`	$3.00K	USD	Point-in-time
Other	`IncreaseDecreaseInOtherOperatingAssets`	$4.00K	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingAssets`	$-8.00K	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingAssets`	$26.00K	USD	Annual
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$86.97M	USD	Annual
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$141.94M	USD	Annual
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$147.04M	USD	Annual
Net cash provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$12.52M	USD	Point-in-time
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$28.55M	USD	Annual
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$6.21M	USD	Annual
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$35.65M	USD	Annual
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$117.00K	USD	Point-in-time
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$84.83M	USD	Annual
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$56.02M	USD	Annual
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$3.84M	USD	Point-in-time
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$36.99M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$12.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$121.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$180.00K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$2.00K	USD	Point-in-time
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-84.58M	USD	Annual
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.32M	USD	Annual
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-120.67M	USD	Annual
Net cash used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.96M	USD	Point-in-time
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	-	USD	Point-in-time
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$1.00M	USD	Annual
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$16.00M	USD	Annual
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$59.00M	USD	Annual
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$31.50M	USD	Annual
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	Point-in-time
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$36.00M	USD	Annual
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$26.00M	USD	Annual
Repayments of Vitesse Oil revolving credit facility	`RepaymentsOfLongTermLinesOfCreditAffiliatedEntity`	$5.00M	USD	Annual
Repayments of Vitesse Oil revolving credit facility	`RepaymentsOfLongTermLinesOfCreditAffiliatedEntity`	-	USD	Annual
Repayments of Vitesse Oil revolving credit facility	`RepaymentsOfLongTermLinesOfCreditAffiliatedEntity`	-	USD	Annual
Repayments of Vitesse Oil revolving credit facility	`RepaymentsOfLongTermLinesOfCreditAffiliatedEntity`	-	USD	Point-in-time
Dividends/distributions paid	`PaymentsOfDividends`	$6.00M	USD	Point-in-time
Dividends/distributions paid	`PaymentsOfDividends`	$58.00M	USD	Annual
Dividends/distributions paid	`PaymentsOfDividends`	$12.00M	USD	Annual
Dividends/distributions paid	`PaymentsOfDividends`	$36.00M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Point-in-time
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$248.00K	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.00K	USD	Point-in-time
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.81M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$484.00K	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$87.00K	USD	Annual
Net cash used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-57.81M	USD	Annual
Net cash used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.59M	USD	Annual
Net cash used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.73M	USD	Annual
Net cash used in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.01M	USD	Point-in-time
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.46M	USD	Annual
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$4.65M	USD	Annual
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.56M	USD	Point-in-time
Net (Decrease) Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.07M	USD	Annual
CashBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00K	USD	Point-in-time
CashBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.80M	USD	Point-in-time
CashBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.36M	USD	Point-in-time
CashBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.01M	USD	Point-in-time
CashBeginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.73M	USD	Point-in-time
CashEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00K	USD	Point-in-time
CashEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.80M	USD	Point-in-time
CashEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.36M	USD	Point-in-time
CashEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.01M	USD	Point-in-time
CashEnd of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.73M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$182.00K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.90M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$3.60M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$4.73M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaid`	$1.29M	USD	Annual
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$46.34M	USD	Annual
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$14.35M	USD	Point-in-time
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$15.17M	USD	Annual
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$21.27M	USD	Annual
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	-	USD	Point-in-time
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$951.00K	USD	Annual
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$347.00K	USD	Annual
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$192.00K	USD	Annual
Issuance of common stock to acquire Vitesse Oil	`StockIssued1`	-	USD	Annual
Issuance of common stock to acquire Vitesse Oil	`StockIssued1`	-	USD	Annual
Issuance of common stock to acquire Vitesse Oil	`StockIssued1`	$30.63M	USD	Annual
Issuance of common stock to acquire Vitesse Oil	`StockIssued1`	-	USD	Point-in-time
Unit-based compensation liability transferred to redeemable management incentive units	`UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits`	-	USD	Point-in-time
Unit-based compensation liability transferred to redeemable management incentive units	`UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits`	-	USD	Annual
Unit-based compensation liability transferred to redeemable management incentive units	`UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits`	$481.00K	USD	Annual
Unit-based compensation liability transferred to redeemable management incentive units	`UnitBasedCompensationLiabilityTransferredToRedeemableManagementIncentiveUnits`	$636.00K	USD	Annual

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`MembersEquity`	$494.39M	USD	Point-in-time
Beginning balance	`MembersEquity`	$564.42M	USD	Point-in-time
Beginning balance	`MembersEquity`	$489.81M	USD	Point-in-time
Beginning balance	`MembersEquity`	$480.07M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$546.41M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$18.11M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$118.90M	USD	Annual
Net (loss) income	`NetIncomeLoss`	$-7.36M	USD	Point-in-time
Net (loss) income	`NetIncomeLoss`	$-19.74M	USD	Annual
Distribution to common unit holders	`DistributionToCommonUnitHolders`	$12.00M	USD	Annual
Distribution to common unit holders	`DistributionToCommonUnitHolders`	$36.00M	USD	Annual
Distribution to common unit holders	`DistributionToCommonUnitHolders`	$6.00M	USD	Point-in-time
Fair market value MIU adjustment	`MembersEquityLiabilityBasedAwardFairValueAdjustment`	$-1.53M	USD	Annual
Fair market value MIU adjustment	`MembersEquityLiabilityBasedAwardFairValueAdjustment`	$1.45M	USD	Annual
Fair market value MIU adjustment	`MembersEquityLiabilityBasedAwardFairValueAdjustment`	$-959.00K	USD	Point-in-time
Issuance of common stock in exchange for Vitesse Energy, LLC	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Issuance of common stock in exchange for Non-Founder MIU's	`StockIssuedDuringPeriodValueNewIssuesNonFounderIssuance`	$4.56M	USD	Annual
Acquisition of Vitesse Oil, LLC	`StockIssuedDuringPeriodValueAcquisitions`	$30.63M	USD	Annual
Issuance of restricted stock units, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-121.00K	USD	Annual
Issuance of Transitional Plan awards	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	Annual
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$32.53M	USD	Annual
Common stock dividends declared	`DividendsCommonStockStock`	$65.63M	USD	Annual
Repurchase of common stock (in shares)	`StockRepurchasedAndRetiredDuringPeriodShares`	14,600.00	shares	Annual
Repurchase of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$248.00K	USD	Annual
Ending balance	`MembersEquity`	$494.39M	USD	Point-in-time
Ending balance	`MembersEquity`	$564.42M	USD	Point-in-time
Ending balance	`MembersEquity`	$489.81M	USD	Point-in-time
Ending balance	`MembersEquity`	$480.07M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$546.41M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.