Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents, by level within the fair value hierarchy, the Company’s assets and liabilities that are measured at fair value on a recurring basis.

	Level 1		Level 2		Level 3		Total Fair Value
As of March 31, 2020: (in thousands)
Commodity derivative instruments	$	—	$	46,443	$	—	$	46,443
Total	$	—	$	46,443	$	—	$	46,443
As of December 31, 2019: (in thousands)
Commodity derivative instruments	$	—	$	27,117	$	—	$	27,117
Total	$	—	$	27,117	$	—	$	27,117