XML 47 R30.htm IDEA: XBRL DOCUMENT v3.22.4
Note 5 - Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Derivative Instruments, Gain (Loss) [Table Text Block]
   

Year Ended December 31,

   

August 22,

2020 through

December 31,

   

January 1,

2020 through

August 21,

 
   

2022

   

2021

   

2020

   

2020

 
   

Successor

   

Predecessor

 

Noncash derivative loss, net

  $ (1,909

)

  $ (15,467

)

  $     $  

Cash payments on settled derivatives, net

    (58,096

)

    (11,267

)

           

Derivative loss, net

  $ (60,005

)

 

$

(26,734

)

  $     $  
Schedule of Price Risk Derivatives [Table Text Block]
   

2023

 

Crude Oil Price Swaps WTI:

 

First

Quarter

   

Second

Quarter

   

Third

Quarter

   

Fourth

Quarter

   

Total

 

Volume (MBbls)

    900.0       546.0       276.0             1,722.0  

Price per Bbl

  $ 73.67     $ 67.81     $ 72.30     $     $ 71.59  
   

2023

 

Deferred Premium Put Options WTI:

 

First

Quarter

   

Second

Quarter

   

Third

Quarter

   

Fourth

Quarter

   

Total

 

Volume (MBbls)

          364.0       644.0       920.0       1,928.0  

Price per Bbl (Put Price)

  $     $ 61.05     $ 60.46     $ 55.97     $ 58.43  

Price per Bbl (Net of Premium)

  $     $ 56.05     $ 55.46     $ 50.97     $ 53.43  
   

2024

 

Deferred Premium Put Options WTI:

 

First

Quarter

   

Second

Quarter

   

Third

Quarter

   

Fourth

Quarter

   

Total

 

Volume (MBbls)

    455.0       455.0       460.0             1,370.0  

Price per Bbl (Put Price)

  $ 51.50     $ 51.50     $ 51.50     $     $ 51.50  

Price per Bbl (Net of Premium)

  $ 46.50     $ 46.50     $ 46.50     $     $ 46.50  
Schedule of Derivative Assets and Liabilities By Counterparty [Table Text Block]
   

As of December 31,

2022

 

Fifth Third Bank, National Association

  $ (11,102

)

Bank of America, National Association

    (5,054

)

Citizens Bank, National Association

    (1,220

)

    $ (17,376

)