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Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2022
Derivative Instruments Not Designated as Hedging Instruments [Abstract]  
Schedule of notional amounts of outstanding derivative positions [Table Text Block]
As of June 30, 2022, the Company had commodity derivative contracts outstanding through the fourth quarter of 2025 as summarized in the table below:
Contract Period
Third Quarter 2022Fourth Quarter 2022202320242025
Oil Derivatives (volumes in MBbl and prices in $ per Bbl):
Swaps
NYMEX WTI Volumes1,938 1,923 1,190 — — 
Weighted-Average Contract Price$44.63 $44.58 $45.20 $— $— 
ICE Brent Volumes— — 3,650 910 — 
Weighted-Average Contract Price$— $— $86.50 $85.50 $— 
Collars
NYMEX WTI Volumes1,114 1,128 1,040 919 — 
Weighted-Average Floor Price$64.77 $63.74 $63.50 $75.00 $— 
Weighted-Average Ceiling Price$71.89 $75.48 $77.37 $81.47 $— 
Basis Swaps
WTI Midland-NYMEX WTI Volumes2,442 2,462 2,350 — — 
Weighted-Average Contract Price$1.15 $1.15 $0.55 $— $— 
NYMEX WTI-ICE Brent Volumes920 920 — — — 
Weighted-Average Contract Price$(7.78)$(7.78)$— $— $— 
WTI Houston MEH-NYMEX WTI Volumes335 374 646 — — 
Weighted-Average Contract Price$1.25 $1.25 $1.24 $— $— 
Roll Differential Swaps
NYMEX WTI Volumes3,288 3,248 4,968 — — 
Weighted-Average Contract Price$0.22 $0.21 $0.62 $— $— 
Gas Derivatives (volumes in BBtu and prices in $ per MMBtu):
Swaps
NYMEX HH volumes2,478 2,806 — — — 
Weighted-Average Contract Price$5.35 $5.50 $— $— $— 
IF HSC Volumes6,934 6,982 — — — 
Weighted-Average Contract Price$2.37 $2.47 $— $— $— 
IF WAHA Volumes3,085 3,067 900 — — 
Weighted-Average Contract Price$2.19 $2.22 $3.98 $— $— 
Collars
NYMEX HH Volumes760 1,908 18,435 — — 
Weighted-Average Floor Price$3.25 $3.50 $3.50 $— $— 
Weighted-Average Ceiling Price$5.45 $4.44 $6.42 $— $— 
IF HSC Volumes— — 5,085 — — 
Weighted-Average Floor Price$— $— $4.10 $— $— 
Weighted-Average Ceiling Price$— $— $5.63 $— $— 
Basis Swaps
IF Tenn TX Z0-NYMEX HH Volumes760 — — — — 
Weighted-Average Contract Price$(0.14)$— $— $— $— 
IF WAHA-NYMEX HH Volumes— — 7,247 20,958 20,501 
Weighted-Average Contract Price$— $— $(1.02)$(0.86)$(0.66)
IF HSC-NYMEX HH Volumes— — 6,737 — — 
Weighted-Average Contract Price$— $— $0.19 $— $— 
Contract Period (continued)
Third Quarter 2022Fourth Quarter 2022202320242025
NGL Derivatives (volumes in MBbl and prices in $ per Bbl):
Swaps
OPIS Propane Mont Belvieu Non-TET Volumes106 113 — — — 
Weighted-Average Contract Price$35.70 $35.91 $— $— $— 
Collars
OPIS Propane Mont Belvieu Non-TET Volumes164 173 — — — 
Weighted-Average Floor Price$24.09 $24.11 $— $— $— 
Weighted-Average Ceiling Price$27.84 $28.13 $— $— $— 
Schedule of fair value of derivatives in accompanying balance sheets [Table Text Block]
The following table details the fair value of commodity derivative contracts recorded in the accompanying balance sheets, by category:
As of June 30, 2022As of December 31, 2021
(in thousands)
Derivative assets:
Current assets$18,308 $24,095 
Noncurrent assets8,236 239 
Total derivative assets$26,544 $24,334 
Derivative liabilities:
Current liabilities$425,041 $319,506 
Noncurrent liabilities36,347 25,696 
Total derivative liabilities$461,388 $345,202 
Schedule of the potential effects of master netting arrangements [Table Text Block]
The following table provides a reconciliation between the gross assets and liabilities reflected on the accompanying balance sheets and the potential effects of master netting arrangements on the fair value of the Company’s commodity derivative contracts:
Derivative Assets as ofDerivative Liabilities as of
June 30,
2022		December 31, 2021June 30,
2022		December 31, 2021
(in thousands)
Gross amounts presented in the accompanying balance sheets$26,544 $24,334 $(461,388)$(345,202)
Amounts not offset in the accompanying balance sheets(26,544)(22,862)26,544 22,862 
Net amounts$— $1,472 $(434,844)$(322,340)
Schedule of the components of the derivative settlement (gain) loss and the net derivative (gain) loss [Table Text Block]
The following table summarizes the commodity components of the derivative settlement loss, and the net derivative loss line items presented within the accompanying unaudited condensed consolidated statements of cash flows (“accompanying statements of cash flows”) and the accompanying statements of operations, respectively:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2022202120222021
(in thousands)
Derivative settlement loss:
Oil contracts$179,213 $134,298 $308,381 $190,627 
Gas contracts53,337 12,232 80,388 52,680 
NGL contracts8,048 12,292 20,012 23,400 
Total derivative settlement loss$240,598 $158,822 $408,781 $266,707 
Net derivative (gain) loss:
Oil contracts$100,273 $277,215 $415,323 $543,030 
Gas contracts8,548 61,364 94,723 110,286 
NGL contracts(4,585)31,769 12,711 61,721 
Total net derivative loss$104,236 $370,348 $522,757 $715,037