RISK MANAGEMENT (Tables)

6 Months Ended

Jun. 30, 2019

RISK MANAGEMENT [Abstract]

Commodity Contracts

		Weighted Average
Period Covered	Hedged Volume	Fixed Price
Oil (Bbls):
Swaps - July 2019 to December 2019	372,600	$	63.37
Swaps - January 2020 to December 2020	667,950	$	60.51
Natural Gas (MMBtus):
Swaps - July 2019 to December 2019	12,880,000	$	2.77
Swaps - January 2020 to December 2020	23,790,000	$	2.71
Natural Gas Liquids (Bbls):
Swaps - July 2019 to December 2019	487,600	$	18.73
Swaps - January 2020 to December 2020	768,600	$	17.68

Fair Value of Derivatives

					Net Amounts
	Gross		Gross Amounts		of Assets
	Amount of		Offset in the		Presented in the
	Recognized		Consolidated		Consolidated
	Assets		Balance Sheet		Balance Sheet
As of June 30, 2019:
Derivative asset	$	14,137	$	—	$	14,137
Long-term derivative asset		4,781		—		4,781
Total	$	18,918	$	—	$	18,918
As of December 31, 2018:
Derivative asset	$	18,048	$	(2,596)	$	15,452
Long-term derivative asset		8,565		(66)		8,499
Total	$	26,613	$	(2,662)	$	23,951
Derivative liability	$	3,761	$	(2,596)	$	1,165
Long-term derivative liability		66		(66)		—
Total	$	3,827	$	(2,662)	$	1,165