Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table presents our assets and liabilities that are measured on a recurring basis at fair value as of each of March 31, 2024 and December 31, 2023, and are categorized using the fair value hierarchy. For additional discussion related to the fair value of the Company’s derivatives, refer to Note 8 of these Notes to Condensed Consolidated Financial Statements.

	Fair Value Measurements at
(in thousands)	Total		Quoted Prices in Active markets for Identical Assets (Level 1)		Significant Other Observable Inputs  (Level 2)		Significant Unobservable Inputs (Level 3)
March 31, 2024
Assets
Natural Gas Derivatives	$	109,432	$	—	$	109,432	$	—
Natural Gas Basis Derivatives	4,671		—		4,671		—
Oil Derivatives	1,070		—		1,070		—
Oil Basis Derivatives	39		—		39		—
NGL Derivatives	3,755		—		3,755		—
Liabilities
Natural Gas Derivatives	635		—		635		—
Natural Gas Basis Derivatives	2,786		—		2,786		—
Oil Derivatives	26,752		—		26,752		—
Oil Basis Derivatives	857		—		857		—
NGL Derivatives	3,413		—		3,413		—
2023 WTI Contingency Payout	25,439		—		25,439		—
2021 WTI Contingency Payout	1,320		—		1,320		—
December 31, 2023
Assets
Natural Gas Derivatives	$	116,410	$	—	$	116,410	$	—
Natural Gas Basis Derivatives	6,111		—		6,111		—
Oil Derivatives	39,940		—		39,940		—
Oil Basis Derivatives	708		—		708		—
NGL Derivatives	8,494		—		8,494		—
Liabilities
Natural Gas Derivatives	641		—		641		—
Natural Gas Basis Derivatives	2,599		—		2,599		—
Oil Derivatives	3,302		—		3,302		—
Oil Basis Derivatives	921		—		921		—
NGL Derivatives	550		—		550		—
2023 WTI Contingency Payout	12,682		—		12,682		—
2021 WTI Contingency Payout	2,310		—		2,310		—