FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents information about the Partnership’s assets and liabilities measured at fair value on a recurring basis: 

	Fair Value Measurements Using						Effect of Counterparty Netting		Total
	Level 1		Level 2		Level 3
	(in thousands)
As of September 30, 2024
Financial Assets
Commodity derivative instruments	$	—	$	22,636	$	—	$	(3,935)	$	18,701
Financial Liabilities
Commodity derivative instruments	$	—	$	6,943	$	—	$	(3,935)	$	3,008
As of December 31, 2023
Financial Assets
Commodity derivative instruments	$	—	$	41,983	$	—	$	(3,338)	$	38,645
Financial Liabilities
Commodity derivative instruments	$	—	$	4,648	$	—	$	(3,338)	$	1,310