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Debt (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of debt
 September 30,
2021
December 31,
2020
 (In thousands)
Outstanding debt principal balances:  
Facility $1,150,000 $1,200,000 
Corporate Revolver— 100,000 
7.125% Senior Notes
650,000 650,000 
7.500% Senior Notes
450,000 — 
GoM Term Loan200,000 200,000 
Total 2,450,000 2,150,000 
Unamortized deferred financing costs and discounts(51,760)(38,569)
Total debt, net2,398,240 2,111,431 
Less: Current maturities of long-term debt(30,000)(7,500)
Long-term debt, net$2,368,240 $2,103,931 
Schedule of redemption price On or after March 1, 2024, the Company may redeem all or a part of the 7.500% Senior Notes at the redemption prices (expressed as percentages of principal amount) set forth below plus accrued and unpaid interest:
YearPercentage
On or after March 1, 2024, but before February 28, 2025 103.750 %
On or after March 1, 2025, but before February 28, 2026 101.875 %
On or after March 1, 2026 and thereafter 100.000 %
Schedule of estimated repayments of debt
At September 30, 2021, the estimated repayments of debt during the five fiscal year periods and thereafter are as follows: 
 Payments Due by Year
 Total2021(2)2022202320242025Thereafter
 (In thousands)
Principal debt repayments(1)$2,450,000 $7,500 $30,000 $142,621 $237,834 $402,692 $1,629,353 
__________________________________
(1)Includes the scheduled principal maturities for the $650.0 million aggregate principal amount of the 7.125% Senior Notes, the $450.0 million aggregate principal amount of the 7.500% Senior Notes and borrowings under the Facility, Corporate Revolver and GoM Term Loan. The scheduled maturities of debt related to the Facility as of September 30, 2021 are based on our level of borrowings and our estimated future available borrowing base commitment levels in future periods. Any increases or decreases in the level of borrowings or increases or decreases in the available borrowing base would impact the scheduled maturities of debt during the next five years and thereafter.
(2)Represents payments for the period October 1, 2021 through December 31, 2021.
Schedule of interest and other financing costs, net
Interest and other financing costs, net incurred during the periods is comprised of the following:
 
 Three Months Ended September 30,Nine Months Ended September 30,
 2021202020212020
 (In thousands)
Interest expense$36,055 $29,760 $103,229 $90,031 
Amortization—deferred financing costs2,597 2,255 7,788 6,730 
Loss on extinguishment of debt — 678 15,223 2,893 
Capitalized interest (12,252)(5,806)(31,956)(18,062)
Deferred interest (600)531 (724)2,028 
Interest income (2,237)(1,269)(8,309)(3,371)
Other, net3,310 919 5,476 2,928 
Interest and other financing costs, net $26,873 $27,068 $90,727 $83,177