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COMMITMENTS AND CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Commitments
The following is a schedule of minimum future payments with commitments that have initial or remaining noncancellable terms in excess of one year as of December 31, 2021:
Year Ending December 31,
Transportation Commitments(1)
Sand Supply Agreement(2)
Produced Water Disposal Commitments(3)
(In millions)
2022$82 $18 $
202385 18 
202481 18 
202586 18 
202692 
Thereafter452 — 27 
Total$878 $77 $51 
(1)The Company has committed to transport gross quantities of crude oil and natural gas on various pipelines under a variety of contracts including throughput and take-or-pay agreements. The Company’s failure to purchase the minimum level of quantities would require it to pay shortfall fees up to the amount of the original monthly commitment amounts included in the table above.
(2)The Company has committed to purchase minimum quantities of sand for use in its drilling operations. Our failure to purchase the minimum level of quantities would require us to pay shortfall fees up to the commitment amounts included in the table above.
(3)Rattler entered into a minimum volume commitment to purchase produced water disposal services under a 14 year agreement beginning in 2021.
Schedule of Delivery Commitment
At December 31, 2021, the Company’s delivery commitments covered the following gross volumes of oil:

Year Ending December 31,Oil Volume Commitments (Bbl/d)
2022175,000
2023175,000
2024125,000
2025125,000
2026125,000
Thereafter325,000
Total1,050,000