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Subsequent Events
12 Months Ended
Dec. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events On January 24, 2023, a wholly-owned subsidiary of the Company entered into a definitive agreement to acquire Advance Energy Partners Holdings, LLC (“Advance”) from affiliates of EnCap Investments L.P., including certain oil and natural gas producing properties and undeveloped acreage located primarily in Lea County, New Mexico and Ward County, Texas (the “Advance Acquisition”). The consideration for the Advance Acquisition is expected to consist of $1.6 billion in cash, subject to customary closing adjustments, including for working capital and title and environmental defects, plus additional cash consideration of $7.5 million for each month during 2023 in which the average price of crude oil (as defined in the securities purchase agreement) exceeds $85 per barrel. The consummation of the Advance Acquisition is subject to customary closing conditions and is expected to close in the second quarter of 2023 with an effective date of January 1, 2023.