XML 76 R65.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidating Financial Information - Summary of Condensed Consolidating Financial Position (Details) - USD ($)
$ in Thousands
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Current assets:            
Cash and cash equivalents $ 107,855   $ 87,022      
Accounts receivable            
Trade, net 67,042   107,842      
Joint interest, net 52,777   16,552      
Other 21,697   6,346      
Assets from price risk management activities 72,666   8,393      
Prepaid assets 45,689   65,877      
Other current assets 1,982   1,952      
Total current assets 369,708   293,984      
Property and equipment:            
Proved properties 4,674,529   4,066,260      
Unproved properties, not subject to amortization 274,690   194,532      
Other property and equipment 32,262   29,843      
Total property and equipment 4,981,481   4,290,635      
Accumulated depreciation, depletion and amortization (2,247,009)   (2,065,023)      
Total property and equipment, net 2,734,472   2,225,612      
Other long-term assets:            
Assets from price risk management activities 1,409          
Other well equipment inventory 14,458   7,732      
Operating lease assets 7,351   7,779      
Other assets 47,250   54,375      
Total assets 3,174,648   2,589,482      
Current liabilities:            
Accounts payable 104,151   71,357      
Accrued liabilities 184,992   154,816      
Accrued royalties 12,772   31,729      
Current portion of asset retirement obligations 44,977   61,051      
Liabilities from price risk management activities 26,615   19,476      
Accrued interest payable 10,603   10,249      
Current portion of operating lease liabilities 1,695   1,594      
Other current liabilities 22,073   20,180      
Total current liabilities 407,878   370,452      
Long-term liabilities:            
Long-term debt, net of discount and deferred financing costs 997,041   732,981      
Asset retirement obligations 387,083   308,427      
Liabilities from price risk management activities 7,018   511      
Operating lease liabilities 19,228   17,239      
Other long-term liabilities 61,847   81,595      
Total liabilities 1,880,095   1,511,205      
Commitments and Contingencies        
Stockholders' equity 1,294,553 $ 1,394,897 1,078,277 $ 998,041 $ 899,986 $ 1,007,496
Total liabilities and stockholders' equity 3,174,648   2,589,482      
Parent            
Accounts receivable            
Prepaid assets 166          
Other current assets 53          
Total current assets 219          
Other long-term assets:            
Investments in subsidiaries 1,267,766   1,045,886      
Other assets 27,756   33,371      
Total assets 1,295,741   1,079,257      
Current liabilities:            
Accounts payable 636   428      
Other current liabilities 255   255      
Total current liabilities 891   683      
Long-term liabilities:            
Other long-term liabilities 297   297      
Total liabilities 1,188   980      
Commitments and Contingencies        
Stockholders' equity 1,294,553   1,078,277      
Total liabilities and stockholders' equity 1,295,741   1,079,257      
Subsidiary Issuer            
Current assets:            
Cash and cash equivalents 102,310   78,780      
Accounts receivable            
Other 16,044   474      
Assets from price risk management activities 72,666   8,393      
Prepaid assets 8,748   33,323      
Total current assets 199,768   120,970      
Property and equipment:            
Other property and equipment 25,119   23,142      
Total property and equipment 25,119   23,142      
Accumulated depreciation, depletion and amortization (12,523)   (11,001)      
Total property and equipment, net 12,596   12,141      
Other long-term assets:            
Assets from price risk management activities 1,409          
Operating lease assets 3,400   3,178      
Investments in subsidiaries 2,111,292   1,690,362      
Other assets 364   364      
Total assets 2,328,829   1,827,015      
Current liabilities:            
Accounts payable 4,108   5,145      
Accrued liabilities 4,851   4,740      
Liabilities from price risk management activities 26,615   19,476      
Accrued interest payable 10,565   10,211      
Current portion of operating lease liabilities 560   196      
Total current liabilities 46,699   39,768      
Long-term liabilities:            
Long-term debt, net of discount and deferred financing costs 990,981   726,921      
Liabilities from price risk management activities 7,018   511      
Operating lease liabilities 16,365   13,929      
Total liabilities 1,061,063   781,129      
Commitments and Contingencies        
Stockholders' equity 1,267,766   1,045,886      
Total liabilities and stockholders' equity 2,328,829   1,827,015      
Guarantors            
Current assets:            
Cash and cash equivalents 1,791   593      
Accounts receivable            
Trade, net 67,042   107,842      
Joint interest, net 39,793   11,567      
Other 5,394   5,555      
Prepaid assets 36,747   32,529      
Other current assets 1,929   1,952      
Total current assets 152,696   160,038      
Property and equipment:            
Proved properties 4,674,529   4,066,260      
Unproved properties, not subject to amortization 159,063   87,618      
Other property and equipment 6,926   6,484      
Total property and equipment 4,840,518   4,160,362      
Accumulated depreciation, depletion and amortization (2,234,408)   (2,053,971)      
Total property and equipment, net 2,606,110   2,106,391      
Other long-term assets:            
Other well equipment inventory 14,458   7,732      
Operating lease assets 2,830   3,224      
Other assets 2,408   2,136      
Total assets 2,778,502   2,279,521      
Current liabilities:            
Accounts payable 98,638   58,827      
Accrued liabilities 168,996   145,051      
Accrued royalties 12,772   31,729      
Current portion of asset retirement obligations 44,977   61,051      
Accrued interest payable 38   38      
Current portion of operating lease liabilities 723   821      
Other current liabilities 21,818   19,925      
Total current liabilities 347,962   317,442      
Long-term liabilities:            
Long-term debt, net of discount and deferred financing costs 6,060   6,060      
Asset retirement obligations 387,083   308,427      
Operating lease liabilities 2,115   2,416      
Other long-term liabilities 61,550   81,298      
Total liabilities 804,770   715,643      
Commitments and Contingencies        
Stockholders' equity 1,973,732   1,563,878      
Total liabilities and stockholders' equity 2,778,502   2,279,521      
Non-Guarantors            
Current assets:            
Cash and cash equivalents 3,754   7,649      
Accounts receivable            
Joint interest, net 12,984   4,985      
Other 259   317      
Prepaid assets 28   25      
Total current assets 17,025   12,976      
Property and equipment:            
Unproved properties, not subject to amortization 115,627   106,914      
Other property and equipment 217   217      
Total property and equipment 115,844   107,131      
Accumulated depreciation, depletion and amortization (78)   (51)      
Total property and equipment, net 115,766   107,080      
Other long-term assets:            
Operating lease assets 1,121   1,377      
Other assets 16,722   18,504      
Total assets 150,634   139,937      
Current liabilities:            
Accounts payable 769   6,957      
Accrued liabilities 11,145   5,025      
Current portion of operating lease liabilities 412   577      
Total current liabilities 12,326   12,559      
Long-term liabilities:            
Operating lease liabilities 748   894      
Total liabilities 13,074   13,453      
Commitments and Contingencies        
Stockholders' equity 137,560   126,484      
Total liabilities and stockholders' equity 150,634   139,937      
Elimination            
Other long-term assets:            
Investments in subsidiaries (3,379,058)   (2,736,248)      
Total assets (3,379,058)   (2,736,248)      
Long-term liabilities:            
Commitments and Contingencies        
Stockholders' equity (3,379,058)   (2,736,248)      
Total liabilities and stockholders' equity $ (3,379,058)   $ (2,736,248)