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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2021
Derivative Instruments Not Designated as Hedging Instruments [Abstract]  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block] The following table presents the impact of our derivative instruments on our condensed consolidated statements of operations:
Three Months Ended September 30,
Nine Months Ended September 30,
Condensed Consolidated Statement of Operations Line Item2021202020212020
(in thousands)
Commodity price risk management gain (loss), net
Net settlements$(129,571)$66,895 $(215,357)$227,513 
Net change in fair value of unsettled derivatives(88,107)(134,956)(491,830)18,338 
Total commodity price risk management gain (loss), net$(217,678)$(68,061)$(707,187)$245,851 
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block] As of September 30, 2021, we had the following outstanding derivative contracts. When aggregating multiple contracts, the weighted-average contract price is presented:
 CollarsFixed-Price Swaps 
Commodity/ Index/
Maturity Period
Quantity
(Crude oil -
MBbls
Natural Gas - BBtu)
Weighted-Average
Contract Price
Quantity
(Crude Oil - MBbls
Gas and Basis-
BBtu)
Weighted-
Average
Contract
Price
Fair Value
September 30, 2021
(in thousands)
FloorsCeilings
Crude Oil
NYMEX
20211,251 $38.01 $49.29 2,488 $41.89 $(112,693)
20224,272 51.26 63.33 6,744 44.42 (214,207)
20231,200 55.00 65.58 5,202 56.55 (41,739)
2024— — — 600 59.05 (892)
Total Crude Oil6,723 15,034 $(369,531)
Natural Gas
NYMEX
202118,300 2.51 2.92 7,950 2.40 (82,363)
202217,400 2.50 2.89 33,600 2.70 (84,484)
2023— — — 30,398 2.68 (22,515)
Total Natural Gas35,700 71,948 (189,362)
Basis Protection - Natural Gas
CIG
202126,250 (0.44)(3,443)
202251,000 (0.26)(4,775)
202326,438 (0.26)(797)
Total Basis Protection - Natural Gas103,688 (9,015)
Commodity Derivatives Fair Value$(567,908)
Subsequent to September 30, 2021, we entered into the following commodity derivative positions covering our crude oil and natural gas production:

 CollarsFixed-Price Swaps
Commodity/ Index/
Maturity Period
Quantity
(Crude oil -
MBbls
Natural Gas - BBtu)
Weighted-Average
Contract Price
Quantity
(Crude oil -
MBbls
Natural Gas - BBtu)
Weighted-
Average
Contract
Price
FloorsCeilings
Crude Oil
NYMEX
20221,200 $60.00 $81.60 — $— 
20231,575 55.00 73.32 30061.52
2024225 55.0075.1130061.52
Natural Gas
NYMEX
202218,060 $3.75 $6.60 — $— 
20234,020 3.00 4.42 — — 
Basis Protection
CIG
2022— $— $— 18,060 $(0.22)
2023— — — 4,020 (0.29)
Derivatives Not Designated as Hedging Instruments [Table Text Block]
The following table reflects the impact of netting agreements on gross derivative assets and liabilities as of the dates indicated:
As of September 30, 2021Total Gross Amount Presented on the Balance SheetEffect of Master Netting AgreementsTotal Net Amount
(in thousands)
Derivative assets:
Derivative instruments, at fair value$20,301 $(20,301)$— 
Derivative liabilities:
Derivative instruments, at fair value$588,209 $(20,301)$567,908