Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash	$ 0	$ 4,013
Accounts receivable:
Oil, natural gas, and natural gas liquids revenues	230,449	50,575
Joint interest billings and other, net of allowance of $19 and $19 at June 30, 2022 and December 31, 2021, respectively	22,004	2,930
Derivative asset	3,327	1,348
Prepaid expenses and other current assets	13,646	2,549
Total current assets	269,426	61,415
Oil and gas properties, successful efforts method:
Proved properties	3,167,140	1,625,367
Unproved properties	282,569	222,025
Land	5,482	5,382
Total oil and gas properties	3,455,191	1,852,774
Accumulated depreciation, depletion and amortization	(495,971)	(395,625)
Net oil and gas properties	2,959,220	1,457,149
Other noncurrent assets:
Office and other equipment, net of accumulated depreciation and amortization of $4,761 and $4,547 at June 30, 2022 and December 31, 2021, respectively	2,944	1,986
Derivative asset	3,523	157
Operating lease right-of-use assets	2,423	1,795
Other noncurrent assets	53,423	33,865
TOTAL ASSETS	3,290,959	1,556,367
Current liabilities:
Accounts payable	80,386	31,397
Revenues and royalties payable	150,087	36,189
Accrued expenses	72,168	31,704
Asset retirement obligation	390	395
Derivative liability	122,067	45,310
Advances	5,774	4,088
Operating lease liabilities	850	681
Other current liabilities	767	851
Total current liabilities	432,489	150,615
Noncurrent liabilities:
Revolving credit facility	395,000	320,000
8.000% Senior Notes due 2027, net	537,753	0
Deferred tax liability	36,277	15,731
Asset retirement obligation	35,555	15,471
Derivative liability	19,761	571
Operating lease liabilities	1,736	1,276
Other noncurrent liabilities	13,004	6,442
Total noncurrent liabilities	1,039,086	359,491
Commitments and Contingencies (Note 13)
Equity:
Preferred stock	0	0
Additional paid-in capital	1,326,293	718,181
Accumulated deficit	(48,367)	(159,774)
Total Earthstone Energy, Inc. equity	1,278,039	558,494
Noncontrolling interest	541,345	487,767
Total equity	1,819,384	1,046,261
TOTAL LIABILITIES AND EQUITY	3,290,959	1,556,367
Series A Convertible Preferred Stock
Equity:
Preferred stock	0	0
Class A Common Stock
Equity:
Common stock	79	53
Class B Common Stock
Equity:
Common stock	$ 34	$ 34