Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Disclosures [Abstract]

Valuation of Financial Instruments by Pricing Levels

The following tables summarize the valuation of derivative instruments by pricing levels that were accounted for at fair value on a recurring basis as of June 30, 2023 and December 31, 2022.

	Fair value measurements at June 30, 2023 using:
In thousands	Level 1		Level 2		Level 3		Total
Derivative assets (liabilities):
Crude oil fixed price swaps	$	—	$	164,325	$	—	$	164,325
Crude oil NYMEX roll swaps		—		2,119		—		2,119
Natural gas basis swaps		—		2,309		—		2,309
Natural gas WAHA swaps		—		8,627		—		8,627
Natural gas fixed price swaps		—		74,212		—		74,212
Natural gas collars		—		233		—		233
Total	$	—	$	251,825	$	—	$	251,825

	Fair value measurements at December 31, 2022 using:
In thousands	Level 1		Level 2			Level 3		Total
Derivative assets (liabilities):
Crude oil fixed price swaps	$	—	$	11,696		$	—	$	11,696
Crude oil NYMEX roll swaps		—		2,836			—		2,836
Natural gas basis swaps		—		8,910			—		8,910
Natural gas WAHA swaps		—		19,386			—		19,386
Natural gas fixed price swaps		—		(191,779	)		—		(191,779	)
Natural gas collars		—		(30,318	)		—		(30,318	)
Natural gas 3-way collars		—		598			—		598
Total	$	—	$	(178,671	)	$	—	$	(178,671	)