Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments Not Designated as Hedging Instruments [Abstract]

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]

The following table presents the impact of our derivative instruments on our condensed consolidated statements of operations for the periods presented:

	Three Months Ended June 30,				Six Months Ended June 30,
Condensed Consolidated Statement of Operations Line Item	2022		2021		2022		2021
	(in thousands)
Commodity price risk management gain (loss), net
Net settlements	$	(298,661)	$	(55,135)	$	(460,254)	$	(85,786)
Net change in fair value of unsettled derivatives	196,685		(253,118)		(209,777)		(403,723)
Total commodity price risk management gain (loss), net	$	(101,976)	$	(308,253)	$	(670,031)	$	(489,509)

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

As of June 30, 2022, we had the following outstanding derivative contracts. When aggregating multiple contracts, the weighted average contract price is presented:

	Collars					Fixed-Price Swaps
Commodity/ Index/ Maturity Period	Quantity (Crude oil - MBbls Natural Gas - BBtu)	Weighted Average Contract Price				Quantity (Crude Oil - MBbls Gas and Basis- BBtu)	Weighted Average Contract Price		Fair Value June 30, 2022 (in thousands)
		Floors		Ceilings
Crude Oil
NYMEX
2022	2,736	$	53.18	$	67.33	6,852	$	58.35	$	(362,341)
2023	5,937	61.27		83.11		9,804	66.42		(258,320)
2024	825	65.91		89.58		6,126	70.59		(46,487)
2025	—	—		—		2,640	75.10		3,851
Total Crude Oil	9,498					25,422			(663,297)
Natural Gas
NYMEX
2022	21,063	3.13		4.65		29,642	2.95		(112,700)
2023	17,227	3.17		4.86		41,825	3.05		(82,080)
2024	—	—		—		26,160	3.54		(20,566)
2025	—	—		—		4,980	4.84		2,420
	38,290					102,607			(212,926)
CIG
2023	—	—		—		8,760	3.39		(9,279)
2025	—	—		—		4,800	3.10		(3,756)
	—					13,560			(13,035)
Total Natural Gas	38,290					116,167			(225,961)
Basis Protection - Natural Gas
CIG
2022						50,430	(0.27)		2,137
2023						57,782	(0.29)		(6,844)
2024						26,160	(0.39)		(2,113)
2025						4,980	(0.37)		(271)
Total Basis Protection - Natural Gas						139,352			(7,091)
Commodity Derivatives Fair Value									$	(896,349)

Derivatives Not Designated as Hedging Instruments [Table Text Block]

The following table reflects the impact of netting agreements on gross derivative assets and liabilities as of June 30, 2022:

	Total Gross Amount Presented on the Balance Sheet		Effect of Master Netting Agreements		Total Net Amount
	(in thousands)
Derivative assets:
Derivative instruments, at fair value	$	41,610	$	(41,610)	$	—
Derivative liabilities:
Derivative instruments, at fair value	$	937,959	$	(41,610)	$	896,349