Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2022

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 for the periods presented:

	Three Months Ended September 30,				Nine Months Ended September 30,
Condensed Consolidated Statement of Operations Line Item	2022		2021		2022		2021
	(in thousands)
Commodity price risk management gain (loss), net
Net settlements	$	(252,826)	$	(129,571)	$	(713,081)	$	(215,357)
Net change in fair value of unsettled derivatives	559,575		(88,107)		349,798		(491,830)
Total commodity price risk management gain (loss), net	$	306,749	$	(217,678)	$	(363,283)	$	(707,187)

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

As of September 30, 2022, we had the following outstanding derivative contracts. When aggregating multiple contracts, the weighted average contract price is presented:

	Collars					Fixed-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, 2022 (in thousands)
		Floors		Ceilings
Crude Oil
NYMEX
2022	1,368	$	53.18	$	67.33	3,426	$	58.35	$	(86,281)
2023	5,937	61.27		83.11		9,804	66.42		(63,132)
2024	825	65.91		89.58		6,126	70.59		27,532
2025	—	—		—		2,640	75.10		26,996
Total Crude Oil	8,130					21,996			(94,885)
Natural Gas
NYMEX
2022	10,357	3.14		4.68		14,996	2.95		(84,559)
2023	17,227	3.17		4.86		41,825	3.05		(125,299)
2024	—	—		—		26,160	3.54		(28,450)
2025	—	—		—		6,225	4.87		1,608
	27,584					89,206			(236,700)
CIG
2023	—	—		—		8,760	3.39		(14,470)
2025	—	—		—		4,800	3.10		(4,711)
	—					13,560			(19,181)
Total Natural Gas	27,584					102,766			(255,881)
Basis Protection - Natural Gas
CIG
2022						25,215	(0.27)		15,258
2023						57,782	(0.29)		309
2024						26,160	(0.39)		(1,350)
2025						6,225	(0.37)		(224)
Total Basis Protection - Natural Gas						115,382			13,993
Commodity Derivatives Fair Value									$	(336,773)

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 September 30, 2022:

	Total Gross Amount Presented on the Balance Sheet		Effect of Master Netting Agreements		Total Net Amount
	(in thousands)
Derivative assets:
Derivative instruments, at fair value	$	153,321	$	(144,133)	$	9,188
Derivative liabilities:
Derivative instruments, at fair value	$	490,094	$	(144,133)	$	345,961