XML 57 R38.htm IDEA: XBRL DOCUMENT v3.22.0.1
Summary of Significant Accounting Policies (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2021
USD ($)
bbl
MMBTU
$ / MMBTU
$ / Boe
Dec. 31, 2020
USD ($)
Feb. 25, 2022
MMBTU
bbl
$ / MMBTU
$ / Boe
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax | $ $ 407,200 $ 177,386  
Property, Plant and Equipment [Abstract]      
Proved oil and gas properties | $ 1,588,978 1,310,008  
Unproved oil and gas properties | $ 17,090 28,090  
Furniture, fixtures, and other equipment | $ 5,885 5,275  
Less - Accumulated depreciation, depletion, and amortization | $ (869,985) (801,279)  
Property, Plant and Equipment, Net | $ 741,968 542,094  
Accounts Payable and Accrued Liabilities [Abstract]      
Trade accounts payable | $ 9,688 15,930  
Accrued operating expenses | $ 4,192 2,491  
Accrued payroll costs | $ 7,029 3,771  
Asset retirement obligation - current portion | $ 524 441  
Accrued taxes | $ 3,314 1,819  
Accrued Professional Fees, Current | $ 1,972 150  
Other payables | $ 8,315 2,389  
Total accounts payable and accrued liabilities | $ $ 35,034 $ 26,991  
Customer Concentration Risk      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Concentration Risk, Percentage 10.00%    
Customer Concentration Risk | Revenue Benchmark | Kinder Morgan Concentration Risk [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Concentration Risk, Percentage 26.00% 19.00%  
Customer Concentration Risk | Revenue Benchmark | Plains Marketing Concentration Risk [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Concentration Risk, Percentage 10.00% 17.00%  
Customer Concentration Risk | Revenue Benchmark | Twin Eagle Concentration Risk [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Concentration Risk, Percentage 15.00% 17.00%  
Customer Concentration Risk | Revenue Benchmark | Trafigura US      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Concentration Risk, Percentage 16.00% 13.00%  
Customer Concentration Risk | Revenue Benchmark | Shell Trading Concentration Risk [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Concentration Risk, Percentage 12.00%    
Oil sales [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax | $ $ 98,607 $ 57,651  
Natural gas sales [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax | $ 267,687 105,234  
NGL sales [Member]      
Accounts, Notes, Loans and Financing Receivable [Line Items]      
Revenue from Contract with Customer, Excluding Assessed Tax | $ $ 40,906 $ 14,500  
First Quarter 2022 | Oil Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 223,455    
Derivative, Swap Type, Average Fixed Price | $ / Boe 49.32    
First Quarter 2022 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 85,500    
Derivative, Average Floor Price | $ / Boe 57.37    
Derivative, Average Cap Price | $ / Boe 63.55    
First Quarter 2022 | Natural Gas Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 232,500    
Derivative, Swap Type, Average Fixed Price 4.00    
First Quarter 2022 | Natural Gas Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 9,645,000    
Derivative, Average Floor Price 3.06    
Derivative, Average Cap Price 3.79    
First Quarter 2022 | Natural Gas Derivative [Member] | Collar Contracts [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     310,000
Derivative, Average Floor Price     5.00
Derivative, Average Cap Price     7.40
First Quarter 2022 | NGL Derivative | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 180,000    
Derivative, Swap Type, Average Fixed Price 29.13    
First Quarter 2022 | NGL Derivative | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     15,500
Derivative, Swap Type, Average Fixed Price     35.40
First Quarter 2022 | Oil Basis Calendar Monthly Roll Differential Swap | Basis Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 261,000    
Derivative, Swap Type, Average Fixed Price 0.19    
Second Quarter 2022 | Oil Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 136,500    
Derivative, Swap Type, Average Fixed Price | $ / Boe 56.66    
Second Quarter 2022 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 161,350    
Derivative, Average Floor Price | $ / Boe 48.21    
Derivative, Average Cap Price | $ / Boe 55.16    
Second Quarter 2022 | Natural Gas Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 3,795,000    
Derivative, Swap Type, Average Fixed Price 2.99    
Second Quarter 2022 | Natural Gas Derivative [Member] | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     600,000
Derivative, Swap Type, Average Fixed Price     4.50
Second Quarter 2022 | Natural Gas Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 6,156,500    
Derivative, Average Floor Price 2.29    
Derivative, Average Cap Price 2.74    
Second Quarter 2022 | NGL Derivative | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 136,500    
Derivative, Swap Type, Average Fixed Price 28.85    
Second Quarter 2022 | NGL Derivative | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     45,500
Derivative, Swap Type, Average Fixed Price     35.40
Second Quarter 2022 | Oil Basis Calendar Monthly Roll Differential Swap | Basis Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 263,900    
Derivative, Swap Type, Average Fixed Price 0.19    
Second Quarter 2022 | Oil Basis Calendar Monthly Roll Differential Swap | Basis Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     45,500
Derivative, Swap Type, Average Fixed Price     2.63
Third Quarter 2022 | Oil Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 246,100    
Derivative, Swap Type, Average Fixed Price | $ / Boe 49.63    
Third Quarter 2022 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 46,000    
Derivative, Average Floor Price | $ / Boe 70.00    
Derivative, Average Cap Price | $ / Boe 75.40    
Third Quarter 2022 | Natural Gas Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 4,142,100    
Derivative, Swap Type, Average Fixed Price 3.02    
Third Quarter 2022 | Natural Gas Derivative [Member] | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     310,000
Derivative, Swap Type, Average Fixed Price     4.57
Third Quarter 2022 | Natural Gas Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 6,739,000    
Derivative, Average Floor Price 2.60    
Derivative, Average Cap Price 2.98    
Third Quarter 2022 | Natural Gas Derivative [Member] | Collar Contracts [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     920,000
Derivative, Average Floor Price     4.40
Derivative, Average Cap Price     5.02
Third Quarter 2022 | NGL Derivative | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 138,000    
Derivative, Swap Type, Average Fixed Price 28.34    
Third Quarter 2022 | NGL Derivative | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     46,000
Derivative, Swap Type, Average Fixed Price     35.40
Third Quarter 2022 | Oil Basis Calendar Monthly Roll Differential Swap | Basis Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 266,800    
Derivative, Swap Type, Average Fixed Price 0.19    
Fourth Quarter 2022 | Oil Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 184,000    
Derivative, Swap Type, Average Fixed Price | $ / Boe 54.84    
Fourth Quarter 2022 | Oil Derivative [Member] | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     23,000
Derivative, Swap Type, Average Fixed Price | $ / Boe     80.82
Fourth Quarter 2022 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 46,000    
Derivative, Average Floor Price | $ / Boe 68.00    
Derivative, Average Cap Price | $ / Boe 73.60    
Fourth Quarter 2022 | Natural Gas Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 2,760,000    
Derivative, Swap Type, Average Fixed Price 3.14    
Fourth Quarter 2022 | Natural Gas Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 7,765,076    
Derivative, Average Floor Price 2.69    
Derivative, Average Cap Price 3.20    
Fourth Quarter 2022 | Natural Gas Derivative [Member] | Collar Contracts [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     920,000
Derivative, Average Floor Price     4.40
Derivative, Average Cap Price     5.43
Fourth Quarter 2022 | NGL Derivative | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 138,000    
Derivative, Swap Type, Average Fixed Price 28.27    
Fourth Quarter 2022 | NGL Derivative | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     46,000
Derivative, Swap Type, Average Fixed Price     35.40
Fourth Quarter 2022 | Oil Basis Calendar Monthly Roll Differential Swap | Basis Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 266,800    
Derivative, Swap Type, Average Fixed Price 0.19    
First Quarter 2023 | Oil Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 82,175    
Derivative, Swap Type, Average Fixed Price | $ / Boe 55.75    
First Quarter 2023 | Oil Derivative [Member] | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     45,000
Derivative, Swap Type, Average Fixed Price | $ / Boe     78.60
First Quarter 2023 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 45,000    
Derivative, Average Floor Price | $ / Boe 65.00    
Derivative, Average Cap Price | $ / Boe 72.80    
First Quarter 2023 | Natural Gas Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 8,347,000    
Derivative, Average Floor Price 2.89    
Derivative, Average Cap Price 3.52    
First Quarter 2023 | Natural Gas Derivative [Member] | Collar Contracts [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     900,000
Derivative, Average Floor Price     4.40
Derivative, Average Cap Price     5.84
Second Quarter 2023 | Oil Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 575    
Derivative, Swap Type, Average Fixed Price | $ / Boe 68.40    
Second Quarter 2023 | Oil Derivative [Member] | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     45,500
Derivative, Swap Type, Average Fixed Price | $ / Boe     76.90
Second Quarter 2023 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 111,475    
Derivative, Average Floor Price | $ / Boe 59.27    
Derivative, Average Cap Price | $ / Boe 66.32    
Second Quarter 2023 | Natural Gas Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 4,898,500    
Derivative, Average Floor Price 2.57    
Derivative, Average Cap Price 2.97    
Third Quarter 2023 | Oil Derivative [Member] | Swap [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 53,980    
Derivative, Swap Type, Average Fixed Price | $ / Boe 66.55    
Third Quarter 2023 | Oil Derivative [Member] | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     46,000
Derivative, Swap Type, Average Fixed Price | $ / Boe     75.45
Third Quarter 2023 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 46,000    
Derivative, Average Floor Price | $ / Boe 63.00    
Derivative, Average Cap Price | $ / Boe 69.10    
Third Quarter 2023 | Natural Gas Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU 4,600,000    
Derivative, Average Floor Price 2.88    
Derivative, Average Cap Price 3.28    
Fourth Quarter 2023 | Oil Derivative [Member] | Swap [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl     94,300
Derivative, Swap Type, Average Fixed Price | $ / Boe     73.52
Fourth Quarter 2023 | Oil Derivative [Member] | Collar Contracts [Member]      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | bbl 46,000    
Derivative, Average Floor Price | $ / Boe 62.00    
Derivative, Average Cap Price | $ / Boe 67.55    
Fourth Quarter 2023 | Natural Gas Derivative [Member] | Collar Contracts [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     4,462,000
Derivative, Average Floor Price     3.25
Derivative, Average Cap Price     3.92
First Quarter 2024 | Natural Gas Derivative [Member] | Collar Contracts [Member] | Subsequent Event      
Property, Plant and Equipment [Abstract]      
Oil and Gas Production Hedged Volumes | MMBTU     910,000
Derivative, Average Floor Price     3.25
Derivative, Average Cap Price     5.19