XML 54 R36.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents our assets and liabilities that are measured on a recurring basis as of December 31, 2023 and 2022, and are categorized using the fair value hierarchy. For additional discussion related to the fair value of the Company's derivatives, refer to Note 5 of these Notes to Consolidated Financial Statements.
 Fair Value Measurements at
(in thousands)TotalQuoted Prices in
Active markets for
Identical Assets
(Level 1)
Significant Other
Observable Inputs
 (Level 2)
Significant
Unobservable
Inputs
(Level 3)
December 31, 2023
Assets
  Natural Gas Derivatives$116,410 $— $116,410 $— 
  Natural Gas Basis Derivatives6,111 — 6,111 — 
  Oil Derivatives39,940 — 39,940 — 
Oil Basis Derivatives708 — 708 — 
  NGL Derivatives8,494 — 8,494 — 
Liabilities
  Natural Gas Derivatives641 — 641 — 
  Natural Gas Basis Derivatives2,599 — 2,599 — 
Oil Derivatives3,302 — 3,302 — 
Oil Basis Derivatives921 — 921 — 
NGL Derivatives550 — 550 — 
2023 WTI Contingency Payout12,682 — 12,682 — 
2021 WTI Contingency Payout2,310 — 2,310 — 
December 31, 2022
Assets
  Natural Gas Derivatives$25,960 $— $25,960 $— 
  Natural Gas Basis Derivatives26,023 — 26,023 — 
  Oil Derivatives14,604 — 14,604 — 
NGL Derivatives10,134 — 10,134 — 
Liabilities
  Natural Gas Derivatives28,579 — 28,579 — 
  Natural Gas Basis Derivatives409 — 409 — 
Oil Derivatives19,442 — 19,442 — 
NGL Derivatives104 — 104 — 
2022 WTI Contingency Payout2,135 — 2,135 — 
2021 WTI Contingency Payout1,453 — 1,453 —