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STATEMENTS OF CONSOLIDATED OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues:    
Total revenues $ 202,144 $ 275,575
Costs and expenses:    
Lease operating expense 119,708 123,918
Exploration 56 51
Taxes other than income 12,944 18,668
Depreciation, depletion, and amortization 40,268 55,843
Impairment expense 476,936 2,246
General and administrative expense 27,789 55,288
Accretion of asset retirement obligations 6,206 5,559
(Gain) loss on commodity derivative instruments (60,671) 6,700
Other, net 250 798
Total costs and expenses 644,033 287,546
Operating income (loss) (441,889) (11,971)
Other income (expense):    
Interest expense, net (20,522) (16,855)
Other income (expense) 65 (1,117)
Loss on lease 0 (4,247)
Inventory valuation adjustment (1,003) 0
Total other income (expense) (21,460) (22,219)
Income (loss) before reorganization items, net and income taxes (463,349) (34,190)
Reorganization items, net (566) (1,057)
Income tax benefit (expense) (115) 50
Net income (loss) (464,030) (35,197)
Net (income) loss allocated to participating restricted stockholders 0 0
Net income (loss) available to common stockholders $ (464,030) $ (35,197)
Earnings (loss) per share: (See Note 11)    
Basic and diluted earnings (loss) per share $ (12.34) $ (1.20)
Weighted average common shares outstanding:    
Basic and diluted 37,612 29,301
Oil and Natural Gas Sales [Member]    
Revenues:    
Total revenues $ 200,888 $ 274,607
Other Revenues [Member]    
Revenues:    
Total revenues 1,256 968
Gathering, Processing and Transportation [Member]    
Costs and expenses:    
Gathering, processing, and transportation $ 20,547 $ 18,475