XML 49 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Chapter 11 Proceedings, Ability to Continue as a Going Concern Disclosure (Narratives) (Details) - USD ($)
2 Months Ended 3 Months Ended 12 Months Ended
Feb. 13, 2017
Mar. 31, 2016
Dec. 31, 2016
Chapter11 Proceedings [Abstract]      
NOL Order Beneficial Ownership Percentage     4.50%
Accrued and Unpaid Professional Fees     $ 6,400,000
Big West Settlement Agreement     $ 17,350,000
Plan Support Agreement, Rights Offering and Backstop Commitment Agreement [Abstract]      
Percentage Of Principal Amount Of Debt Held By Plan Support Parties     66.67%
Senior Notes Ultra Petroleum Corp Due 2018 Interest Rate     5.75%
Senior Notes Ultra Petroleum Corp Due 2024 Interest Rate     6.125%
Plan Support Agreement [Abstract]      
Reorganization Plan Value     $ 6,000,000,000
Reorganization Value High     6,250,000,000
Reorganization Value Low     $ 5,500,000,000
Reoganization Value High Strip Price     greater than $3.65/MMBtu
Reoganization Value Low Strip Price     less than $3.25/MMBtu
Exit Financing Commitment Letter [Abstract]      
Aggregate Comitment Value $ 2,400,000,000    
Senior Secured Term Loan Facility 600,000,000    
Senior Secured Revolving Facility 400,000,000    
Initial Borrowing Base 1,000,000,000    
Aggregate Bridge Loan Commitment Value 1,400,000,000    
Five Year Bridge Facility 700,000,000    
Eight Year Bridge Facility 700,000,000    
Letters Of Credit Availability $ 100,000,000    
Revolving Facility Initial Max total net debt to EBITDAX Ratio 425.00%    
Revolving Facility Max total net debt to EBITDAX Ratio 400.00% 350.00%  
Revolving Facility Minimum Current Ratio 100.00%    
Revolving Facility Minimum Interest Coverage Ratio 250.00%    
Percentage of Proved Property Securing Debt 85.00%    
Credit Facilities Blended Rate 5.10%    
Rights Offering [Abstract]      
Rights Offering Aggregate     $ 580,000,000
Rights Offering Subscription Value HoldCo Noteholders     435,000,000
Rights Offering Subscription Value HoldCo Equityholders     $ 145,000,000
Rights Offering Commitment Premium     6.00%
Rights Offering Terminated Commitment Premium     4.00%
Implied Plan Value Discount     20.00%