Decommissioning Liabilities	3 Months Ended
Mar. 31, 2021
Decommissioning Liabilities [Abstract]
Decommissioning Liabilities	(10) Decommissioning Liabilities The Company accounts for decommissioning liabilities under ASC 410 – Asset Retirement Obligations. The Company’s decommissioning liabilities associated with an oil and gas property and its related assets include liabilities related to the plugging of wells, removal of the related platform and equipment and site restoration. The Company reviews the adequacy of its decommissioning liabilities whenever indicators suggest that the estimated cash flows and/or relating timing needed to satisfy the liability have changed materially. The Successor had decommissioning liabilities of $174.5 million as of March 31, 2021 and the Predecessor had decommissioning liabilities of $142.7 million as of December 31, 2020, respectively. In connection with fresh start accounting, the Company now presents all asset retirement obligations separately as decommissioning liabilities on the balance sheet. Previously, certain of these decommissioning liabilities were included as a component of other long-term liabilities.

Decommissioning Liabilities

3 Months Ended

Mar. 31, 2021

Decommissioning Liabilities [Abstract]

(10) Decommissioning Liabilities

The Company accounts for decommissioning liabilities under ASC 410 – Asset Retirement Obligations. The Company’s decommissioning liabilities associated with an oil and gas property and its related assets include liabilities related to the plugging of wells, removal of the related platform and equipment and site restoration. The Company reviews the adequacy of its decommissioning liabilities whenever indicators suggest that the estimated cash flows and/or relating timing needed to satisfy the liability have changed materially. The Successor had decommissioning liabilities of $174.5 million as of March 31, 2021 and the Predecessor had decommissioning liabilities of $142.7 million as of December 31, 2020, respectively. In connection with fresh start accounting, the Company now presents all asset retirement obligations separately as decommissioning liabilities on the balance sheet. Previously, certain of these decommissioning liabilities were included as a component of other long-term liabilities.