CONDENSED CONSOLIDATED BALANCE SHEETS – UNAUDITED - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 34,450	$ 23,681
Accounts receivable, net of allowance for credit losses	201,357	118,594
Derivative assets	15,006	11,478
Prepaid and other current assets	13,501	20,998
Assets held for sale	11,400	11,400
Total current assets	275,714	186,151
Property and equipment, net (full cost method)	1,534,492	1,383,348
Derivative assets	5,597	2,092
Other assets	10,735	5,017
Total assets	1,826,538	1,576,608
Current liabilities
Accounts payable and accrued liabilities	299,221	214,381
Derivative liabilities	144,541	50,372
Current portion of long-term debt	1,897	4,129
Total current liabilities	445,659	268,882
Deferred income taxes	2,937	2,793
Derivative liabilities	28,604	23,815
Other non-current liabilities	9,858	10,358
Long-term debt, net	565,329	601,252
Commitments and contingencies (Note 11)
Equity
Preferred stock of $0.01 par value – 5,000,000 shares authorized; none issued as of June 30, 2022 and December 31, 2021	0	0
Paid-in capital	257,615	273,329
Retained earnings	110,782	49,583
Accumulated other comprehensive loss	(111)	(111)
Ranger Oil shareholders’ equity	368,493	323,532
Noncontrolling interest	405,658	345,976
Total equity	774,151	669,508
Total liabilities and equity	1,826,538	1,576,608
Common Class A
Equity
Common stock	205	729
Common Class B
Equity
Common stock	$ 2	$ 2