FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Recurring Fair Value Measurements [Table Text Block]

The following tables present our recurring fair value measurements as of the identified dates:

	Balances as of December 31, 2022
	Level 1		Level 2		Level 3		Total
	(In thousands)
Financial liabilities:
Commodity derivative liabilities	$	—	$	23,566	$	—	$	23,566
Warrant liability	—		—		—		—
	$	—	$	23,566	$	—	$	23,566

	Balances as of December 31, 2021
	Level 1		Level 2		Level 3		Total
	(In thousands)
Financial liabilities:
Commodity derivative liabilities	—		58,731		—		58,731
Warrant liability	—		—		19,822		19,822
	$	—	$	58,731	$	19,822	$	78,553

Reconciliations Of Level 3 Fair Value Measurements [Table Text Block]

The following table presents the activity of our recurring Level 3 fair value measurements during the periods presented:

 

	Year Ended December 31,
	2022		2021
	(In thousands)
Beginning of period	$	19,822	$	885
Loss on change in warrant liability	29,323		18,937
Reclassification of warrant liability to capital in excess of par value	(49,145)		—
End of period	$	—	$	19,822