Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 115,628	$ 64,140
Accounts receivable, net of allowance for credit losses of $2,355 and $2,511 as of June 30, 2022 and December 31, 2021, respectively	69,268	87,248
Prepaid expenses and other	2,467	5,542
Total current assets	187,363	156,930
Oil and natural gas properties on the full cost method:
Proved properties	224,462	225,014
Unproved properties not being amortized	2,194	422
Drilling equipment	70,062	66,058
Gas gathering and processing equipment	0	274,748
Transportation equipment	2,024	4,550
Other	8,645	8,631
Property, plant, and equipment, gross	307,387	579,423
Less accumulated depreciation, depletion, amortization, and impairment	88,133	128,880
Net property and equipment	219,254	450,543
Equity method investments	1,658	0
Right of use asset (Note 14)	7,362	12,445
Other assets	6,755	9,559
Total assets	422,392	629,477
Current liabilities:
Accounts payable	31,718	58,625
Accrued liabilities (Note 8)	20,422	22,450
Current operating lease liability (Note 14)	1,571	3,791
Current derivative liabilities (Note 12)	48,844	40,876
Warrant liability (Note 12)	0	19,822
Current portion of other long-term liabilities (Note 9)	5,009	5,574
Total current liabilities	107,564	151,138
Long-term debt (Note 9)	0	19,200
Non-current derivative liabilities (Note 12)	17,231	17,855
Operating lease liability (Note 14)	5,853	8,677
Other long-term liabilities (Note 9)	31,376	32,939
Commitments and contingencies (Note 16)
Shareholders' equity:
Preferred stock, $0.01 par value, 1,000,000 shares authorized, none issued	0	0
Common stock, $0.01 par value, 25,000,000 shares authorized; 12,028,561 shares issued and 9,831,169 outstanding at June 30, 2022, and 12,000,000 shares issued and 10,050,037 outstanding at December 31, 2021	120	120
Treasury stock (Note 5)	(65,241)	(51,965)
Capital in excess of par value	251,202	198,171
Retained earnings	74,287	41,071
Total shareholders’ equity attributable to Unit Corporation	260,368	187,397
Non-controlling interests in consolidated subsidiaries	0	212,271
Total shareholders' equity	260,368	399,668
Total liabilities and shareholders' equity	$ 422,392	$ 629,477