Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2024

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, 2024 and December 31, 2023.

	Fair value measurements at June 30, 2024 using:
In thousands	Level 1		Level 2			Level 3		Total
Derivative assets (liabilities):
Crude oil fixed price swaps	$	—	$	(21,235	)	$	—	$	(21,235	)
Crude oil NYMEX roll swaps		—		(1,789	)		—		(1,789	)
Natural gas WAHA swaps		—		8,348			—		8,348
Natural gas fixed price swaps		—		231,485			—		231,485
Natural gas collars		—		—			—		—
Total	$	—	$	216,809		$	—	$	216,809

	Fair value measurements at December 31, 2023 using:
In thousands	Level 1		Level 2		Level 3		Total
Derivative assets (liabilities):
Crude oil fixed price swaps	$	—	$	146,243	$	—	$	146,243
Crude oil NYMEX roll swaps		—		6,888		—		6,888
Natural gas WAHA swaps		—		21,523		—		21,523
Natural gas fixed price swaps		—		321,350		—		321,350
Natural gas collars		—		11,923		—		11,923
Total	$	—	$	507,927	$	—	$	507,927