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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Summary of the valuation of the Company's financial assets and liabilities that were accounted for at fair value on a recurring basis
 
 
Fair Value Measurements at
March 31, 2020 using
Description
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets (Liabilities)
 
 
 
 
 
 
 
 
Oil derivatives and basis swaps
 
$

 
$
132,550

 
$

 
$
132,550

Total
 
$

 
$
132,550

 
$

 
$
132,550


 
 
Fair Value Measurements at
December 31, 2019 using
Description
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets (Liabilities)
 
 
 
 
 
 
 
 
Oil derivatives and basis swaps
 
$

 
$
(3,881
)
 
$

 
$
(3,881
)
Total
 
$

 
$
(3,881
)
 
$

 
$
(3,881
)