XML 58 R41.htm IDEA: XBRL DOCUMENT v3.6.0.2
Chapter 11 Proceedings, Ability to Continue as a Going Concern Disclosure (Narratives) (Details) - USD ($)
2 Months Ended 12 Months Ended
Feb. 13, 2017
Dec. 31, 2016
Chapter 11 Proceedings [Abstract]    
NOL Order Beneficial Ownership Percentage   4.50%
Accrued and Unpaid Professional Fees   $ 6,400,000
Big West Settlement Agreement   $ 17,350,000
Plan Support Agreement, Rights Offering and Backstop Commitment Agreement [Abstract]    
Percentage Of Principal Amount Of Debt Held By Plan Support Parties   66.67%
Senior Notes Ultra Petroleum Corp Due 2018 Interest Rate   5.75%
Senior Notes Ultra Petroleum Corp Due 2024 Interest Rate   6.125%
Plan Support Agreement [Abstract]    
Reorganization Plan Value   $ 6,000,000,000
Reorganization Value High   6,250,000,000
Reorganization Value Low   $ 5,500,000,000
Reoganization Value High Strip Price   greater than $3.65/MMBtu
Reoganization Value Low Strip Price   less than $3.25/MMBtu
Exit Financing Commitment Letter [Abstract]    
Aggregate Comitment Value $ 2,400,000,000  
Senior Secured Term Loan Facility 600,000,000  
Senior Secured Revolving Facility 400,000,000  
Initial Borrowing Base 1,000,000,000  
Aggregate Bridge Loan Commitment Value 1,400,000,000  
Five Year Bridge Facility 700,000,000  
Eight Year Bridge Facility 700,000,000  
Letters Of Credit Availability $ 100,000,000  
Revolving Facility Initial Max total net debt to EBITDAX Ratio 4.25 to 1.0  
Revolving Facility Max total net debt to EBITDAX Ratio 4.0 to 1.0  
Revolving Facility Minimum Current Ratio 1.0 to 1.0  
Revolving Facility Minimum Interest Coverage Ratio 2.5 to 1.0  
Percentage of Proved Property Securing Debt 85.00%  
Credit Facilities Blended Rate 5.10%  
Rights Offering [Abstract]    
Rights Offering Aggregate   $ 580,000,000
Rights Offering Subscription Value HoldCo Noteholders   435,000,000
Rights Offering Subscription Value HoldCo Equityholders   $ 145,000,000
Rights Offering Commitment Premium   6.00%
Rights Offering Terminated Commitment Premium   4.00%
Implied Plan Value Discount   20.00%