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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2022
Revenue Recognition and Deferred Revenue [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregated Revenue. The following table presents crude oil, natural gas and NGLs sales disaggregated by commodity and operating region for the periods presented:

Three Months Ended March 31,
Revenue by Commodity and Operating Region20222021Percent Change
(in thousands)
Crude oil
Wattenberg Field$451,911 $235,963 92 %
Delaware Basin97,838 37,688 160 %
Total549,749 273,651 101 %
 Natural gas
Wattenberg Field143,699 97,022 48 %
Delaware Basin19,425 8,624 125 %
Total163,124 105,646 54 %
NGLs
Wattenberg Field138,875 77,777 79 %
Delaware Basin30,630 11,045 177 %
Total169,505 88,822 91 %
Crude oil, natural gas and NGLs
Wattenberg Field734,485 410,762 79 %
Delaware Basin147,893 57,357 158 %
Total$882,378 $468,119 88 %
Contract with Customer, Asset and Liability
The following table presents the changes in carrying amounts of the contract assets for the three months ended March 31, 2022:
(in thousands)
Beginning balance$15,472 
Additions (Net reduction to additions previously recognized)(5,112)
Amortized as a reduction to crude oil, natural gas and NGLs sales(328)
Ending balance$10,032