XML 47 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Summary of Significant Accounting Policies (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jul. 31, 2020
MMBTU
$ / MMBTU
Dec. 31, 2019
USD ($)
Property and Equipment            
Proved oil and gas properties $ 1,268,374   $ 1,268,374     $ 1,201,296
Unproved oil and gas properties 30,043   30,043     41,201
Furniture, fixtures, and other equipment 5,134   5,134     5,220
Less - Accumulated depreciation, depletion, and amortization (773,836)   (773,836)     (380,728)
Net Furniture, Fixtures and other equipment 529,715   529,715     866,989
Disaggregation of Revenue [Line Items]            
Oil and gas sales 24,846 $ 74,703 78,222 $ 146,768    
Accounts Payable and Accrued Liabilities            
Trade accounts payable 5,466   5,466     26,121
Accrued operating expenses 2,587   2,587     3,873
Accrued compensation costs 2,784   2,784     4,601
Asset retirement obligation - current portion 382   382     392
Accrued non-income based taxes 3,102   3,102     1,413
Accrued corporate and legal fees 158   158     109
Other payables 1,321   1,321     2,834
Total Accounts payable and accrued liabilities 15,800   15,800     $ 39,343
Oil sales [Member]            
Disaggregation of Revenue [Line Items]            
Oil and gas sales 5,265 24,940 23,315 39,547    
Natural gas sales [Member]            
Disaggregation of Revenue [Line Items]            
Oil and gas sales 18,103 43,597 49,574 94,902    
NGL sales [Member]            
Disaggregation of Revenue [Line Items]            
Oil and gas sales $ 1,478 $ 6,166 $ 5,333 $ 12,319    
Collar Contracts [Member] | Second Quarter 2022 | Oil Derivative Swaps [Member] | Subsequent Event [Member]            
Derivative Instruments and Hedging Activities Disclosures [Line Items]            
Oil and Gas Production Hedged Volumes | MMBTU         86,450  
Derivative, Average Floor Price | $ / MMBTU         39.00  
Derivative, Average Cap Price | $ / MMBTU         46.50