Consolidated and Combined Statements of Operations - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2016	Oct. 10, 2016	Dec. 31, 2015	Dec. 31, 2014
Successor
Revenues
Oil sales	$ 24,313
Natural gas sales	3,449
NGL sales	1,955
Total revenues	29,717
Operating expenses
Lease operating expenses	3,541
Severance and ad valorem taxes	1,636
Transportation, processing, gathering and other operating expense	2,187
Depreciation, depletion, amortization and accretion of asset retirement obligations	14,877
Abandonment expense and impairment of unproved properties	0
Exploration	844
Contract termination and rig stacking	0
General and administrative expenses	13,715
Incentive unit compensation	0
Total operating expenses	36,800
Gain (loss) on sale of oil and natural gas properties	24
Total operating loss	(7,059)
Other (expense) income
Interest expense	(378)
Gain (loss) on derivative instruments	(1,548)
Other (expense) income	0
Total other (expense) income	(1,926)
(Loss) income before income taxes	(8,985)
Income tax benefit (expense)	0
Net (loss) income	(8,985)
Less net loss attributable to noncontrolling interest	(904)
Net (loss) income attributable to Centennial Resource Development, Inc.	$ (8,081)
Loss per share:
Loss per share, basic (in dollars per share)	$ (0.05)
Loss per share, diluted (in dollars per share)	$ (0.05)
Predecessor
Revenues
Oil sales		$ 59,787	$ 77,643	$ 114,955
Natural gas sales		6,045	7,965	9,670
NGL sales		3,284	4,852	7,200
Total revenues		69,116	90,460	131,825
Operating expenses
Lease operating expenses		11,036	21,173	17,690
Severance and ad valorem taxes		3,696	5,021	6,875
Transportation, processing, gathering and other operating expense		4,583	5,732	4,772
Depreciation, depletion, amortization and accretion of asset retirement obligations		62,964	90,084	69,110
Abandonment expense and impairment of unproved properties		2,545	7,619	20,025
Exploration		0	84	0
Contract termination and rig stacking		0	2,387	0
General and administrative expenses		25,581	14,206	31,694
Incentive unit compensation		165,394	0	0
Total operating expenses		275,799	146,306	150,166
Gain (loss) on sale of oil and natural gas properties		11	2,439	(2,096)
Total operating loss		(206,672)	(53,407)	(20,437)
Other (expense) income
Interest expense		(5,626)	(6,266)	(2,475)
Gain (loss) on derivative instruments		(6,838)	20,756	41,943
Other (expense) income		6	20	281
Total other (expense) income		(12,458)	14,510	39,749
(Loss) income before income taxes		(219,130)	(38,897)	19,312
Income tax benefit (expense)		406	572	(1,524)
Net (loss) income		(218,724)	(38,325)	17,788
Less net loss attributable to noncontrolling interest		0	0	(2)
Net (loss) income attributable to Centennial Resource Development, Inc.		$ (218,724)	$ (38,325)	$ 17,790