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Debt Exchanges	3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]
Debt Exchanges	Debt Exchanges In December 2018, the Company exchanged (i) approximately $505 million aggregate principal amount, or 72.1%, of the 6.875% Senior Notes due 2022 (the “2022 Notes”) and (ii) $275 million aggregate principal amount, or 55.0%, of the 7.125% Senior Notes due 2025 (the “2025 Notes” and, together with the 2022 Notes, the “Unsecured Notes”) of Ultra Resources, Inc., a Delaware corporation (“Ultra Resources”), a wholly owned subsidiary of Ultra Petroleum Corp., for (a) $545.0 million aggregate principal amount of new 9.00% Cash/2.00% PIK Senior Secured Second Lien Notes due July 2024 of Ultra Resources (the “Second Lien Notes”), and (b) an aggregate of 10,919,499 new $0.01 warrants of Ultra Petroleum Corp. entitling the holder thereof to purchase one common share of Ultra Petroleum Corp. (each a “Warrant” and collectively, the “Warrants”) (such transaction, the “December Exchange Transaction”). In January and February 2019, certain holders of the 2022 Notes exchanged approximately $44.6 million aggregate principal amount of 2022 Notes for approximately $27.0 million aggregate principal amount of Second Lien Notes in a series of follow-on debt exchange transactions (such transactions, the “Follow-on Exchange Transactions” and, together with the December Exchange Transaction, the “Exchange Transactions”). All Second Lien Notes were issued pursuant to the Second Lien Notes Indenture. Refer to Note 4 for additional details and the accounting treatment on the Exchange Transactions.

Debt Exchanges

3 Months Ended

Mar. 31, 2019

In December 2018, the Company exchanged (i) approximately $505 million aggregate principal amount, or 72.1%, of the 6.875% Senior Notes due 2022 (the “2022 Notes”) and (ii) $275 million aggregate principal amount, or 55.0%, of the 7.125% Senior Notes due 2025 (the “2025 Notes” and, together with the 2022 Notes, the “Unsecured Notes”) of Ultra Resources, Inc., a Delaware corporation (“Ultra Resources”), a wholly owned subsidiary of Ultra Petroleum Corp., for (a) $545.0 million aggregate principal amount of new 9.00% Cash/2.00% PIK Senior Secured Second Lien Notes due July 2024 of Ultra Resources (the “Second Lien Notes”), and (b) an aggregate of 10,919,499 new $0.01 warrants of Ultra Petroleum Corp. entitling the holder thereof to purchase one common share of Ultra Petroleum Corp. (each a “Warrant” and collectively, the “Warrants”) (such transaction, the “December Exchange Transaction”).

In January and February 2019, certain holders of the 2022 Notes exchanged approximately $44.6 million aggregate principal amount of 2022 Notes for approximately $27.0 million aggregate principal amount of Second Lien Notes in a series of follow-on debt exchange transactions (such transactions, the “Follow-on Exchange Transactions” and, together with the December Exchange Transaction, the “Exchange Transactions”).

All Second Lien Notes were issued pursuant to the Second Lien Notes Indenture. Refer to Note 4 for additional details and the accounting treatment on the Exchange Transactions.