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Derivative Financial Instruments Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments Not Designated as Hedging Instruments [Abstract]  
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block] The following table presents the impact of our derivative instruments on our consolidated statements of operations for the periods presented:
Year Ended December 31,
Consolidated Statements of Operations Line Item202220212020
(in thousands)
Commodity price risk management gain (loss), net
Net settlements$(879,889)$(410,188)$279,271 
Net change in fair value of unsettled derivatives416,278 (291,268)(99,001)
Total commodity price risk management gain (loss), net$(463,611)$(701,456)$180,270 
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block] As of December 31, 2022, 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 December 31, 2022 (in thousands)
FloorsCeilings
Crude Oil
NYMEX
20235,937 $61.27 $83.11 9,804 $66.42 $(156,820)
2024825 65.91 89.58 6,126 70.59 (17,042)
2025— — — 2,640 75.10 12,262 
Total Crude Oil6,762 18,570 (161,600)
Natural Gas
NYMEX
202326,864 3.48 6.03 41,825 3.05 (51,443)
2024— — — 26,160 3.54 (17,511)
2025— — — 6,225 4.87 2,640 
26,864 74,210 (66,314)
CIG
2023— — — 8,760 3.39 (7,657)
2025— — — 4,800 3.10 (4,370)
— 13,560 (12,027)
Total Natural Gas26,864 87,770 (78,341)
Basis Protection - Natural Gas
CIG
2023— — — 67,742 (0.26)(26,335)
2024— — — 26,160 (0.39)(3,329)
2025— — — 6,225 (0.37)(688)
Total Basis Protection - Natural Gas— 100,127 (30,352)
Commodity Derivatives Fair Value$(270,293)