Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Company's Assets and Liabilities that are Measured at Fair Value on a Recurring Basis

The following tables present the Company’s assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2024 and December 31, 2023, for each fair value hierarchy level: 

	Fair Value Measurements Using:
	Quoted Prices in
	Active Markets for		Significant Other		Significant
	Identical Assets		Observable Inputs		Unobservable Inputs
	(Level 1)		(Level 2)		(Level 3)		Total
	(In thousands)
September 30, 2024
Assets:
Commodity derivatives	$	—	$	11,077	$	—	$	11,077
Liabilities:
Commodity derivatives	—		—		—		—
Provisional oil sales	—		(84)		—		(84)
Interest rate derivatives	—		(1,282)		—		(1,282)
Total	$	—	$	9,711	$	—	$	9,711
December 31, 2023
Assets:
Commodity derivatives	$	—	$	9,940	$	—	$	9,940
Liabilities:
Commodity derivatives	—		(3,103)		—		(3,103)
Provisional oil sales	—		(72)		—		(72)
Total	$	—	$	6,765	$	—	$	6,765

Schedule of Carrying Values and Fair Values of Financial Instruments that are not Carried at Fair Value

The following table presents the carrying values and fair values at September 30, 2024 and December 31, 2023:

	September 30, 2024				December 31, 2023
	Carrying Value		Fair Value		Carrying Value		Fair Value
	(In thousands)
7.125% Senior Notes	$	249,185	$	249,032	$	646,912	$	622,824
7.750% Senior Notes	347,709		347,043		396,718		374,764
7.500% Senior Notes	397,493		387,878		446,291		412,461
8.750% Senior Notes	494,866		493,955		—		—
3.125% Convertible Senior Notes	391,238		374,920		—		—
Facility	850,000		850,000		925,000		925,000
Total	$	2,730,491	$	2,702,828	$	2,414,921	$	2,335,049