XML 68 R51.htm IDEA: XBRL DOCUMENT v3.22.0.1
Fresh Start Accounting (Condensed Consolidated Balance Sheet) (Details 3) - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Sep. 18, 2020
Dec. 31, 2019
Dec. 31, 2018
Fresh-Start Adjustment [Line Items]          
Cash and cash equivalents $ 3,671 $ 518 $ 45,585    
Restricted cash     10,662    
Accrued production receivable 143,365 91,421 112,832    
Trade and other receivables, net 19,270 19,682 36,221    
Derivative assets 0 187 32,635    
Prepaids 9,099 14,038 12,429    
Total current assets 175,405 126,846 250,364    
Proved properties 1,109,011 851,208 782,233    
Unevaluated properties 112,169 85,304 111,983    
CO2 properties 183,369 188,288 187,346    
Pipelines 224,394 133,485 132,618    
Other property and equipment 93,950 86,610 97,413    
Less accumulated depletion, depreciation, amortization and impairment (181,393) (41,095) 0    
Net property and equipment 1,541,500 1,303,800 1,311,593    
Operating lease right-of-use assets 19,502 20,342 1,843    
Derivative assets     501    
Intangible assets, net     100,083    
Other assets 78,298 86,408 87,023    
Total assets 1,902,953 1,634,758 1,751,407    
Accounts payable and accrued liabilities 191,598 112,671 174,320    
Oil and gas production payable     56,077    
Derivative liabilities 134,509 53,865 8,613    
Current maturities of long-term debt 0 68,008 73,563    
Operating lease liabilities 4,677 1,350 728    
Total current liabilities 406,683 285,059 313,301    
Long-term debt 35,000 70,000 157,459    
Asset retirement obligations 284,238 179,338 158,438    
Derivative liabilities 0 5,087 295    
Deferred tax liabilities, net 1,638 1,274 3,831    
Operating lease liabilities 17,094 19,460 525    
Other liabilities 22,910 20,872 22,139    
Total long-term liabilities not subject to compromise     342,687    
Liabilities subject to compromise     2,823,506    
Common stock 50 50 50    
Paid-in capital in excess of par     1,095,369    
Accumulated deficit 5,344 (50,658)      
Total stockholders' equity 1,135,390 1,053,668 1,095,419 $ 1,412,259 $ 1,141,777
Total liabilities and stockholders' equity $ 1,902,953 $ 1,634,758 1,751,407    
Predecessor          
Fresh-Start Adjustment [Line Items]          
Cash and cash equivalents     73,372    
Accrued production receivable     112,832    
Trade and other receivables, net     36,221    
Derivative assets     32,635    
Prepaids     12,968    
Total current assets     268,028    
Proved properties     11,723,546    
Unevaluated properties     650,553    
CO2 properties     1,198,515    
Pipelines     2,339,864    
Other property and equipment     201,565    
Less accumulated depletion, depreciation, amortization and impairment     (12,864,141)    
Net property and equipment     3,249,902    
Operating lease right-of-use assets     1,774    
Derivative assets     501    
Intangible assets, net     20,405    
Other assets     81,809    
Total assets     3,622,419    
Accounts payable and accrued liabilities     67,789    
Oil and gas production payable     39,372    
Derivative liabilities     8,613    
Total current liabilities     115,774    
Long-term debt     140,000    
Asset retirement obligations     2,727    
Derivative liabilities     295    
Total long-term liabilities not subject to compromise     143,022    
Liabilities subject to compromise     2,823,506    
Common stock     510    
Paid-in capital in excess of par     2,764,915    
Predecessor treasury stock, at cost     (6,202)    
Accumulated deficit     (2,219,106)    
Total stockholders' equity     540,117    
Total liabilities and stockholders' equity     3,622,419    
Reorganization Adjustments          
Fresh-Start Adjustment [Line Items]          
Cash and cash equivalents     (27,787)    
Restricted cash     10,662    
Prepaids     (539)    
Total current assets     (17,664)    
Other assets     8,241    
Total assets     (9,423)    
Accounts payable and accrued liabilities     102,793    
Oil and gas production payable     16,705    
Current maturities of long-term debt     73,199    
Operating lease liabilities     757    
Total current liabilities     193,454    
Long-term debt     42,610    
Asset retirement obligations     180,408    
Deferred tax liabilities, net     417,951    
Operating lease liabilities     515    
Other liabilities     3,540    
Total long-term liabilities not subject to compromise     645,024    
Liabilities subject to compromise     (2,823,506)    
Predecessor treasury stock, at cost     6,202    
Accumulated deficit     3,639,409    
Total stockholders' equity     1,975,605    
Total liabilities and stockholders' equity     (9,423)    
Reorganization Adjustments | Predecessor Adjustment          
Fresh-Start Adjustment [Line Items]          
Common stock     (510)    
Paid-in capital in excess of par     (2,764,915)    
Reorganization Adjustments | Successor Adjustment          
Fresh-Start Adjustment [Line Items]          
Common stock     50    
Paid-in capital in excess of par     1,095,369    
Fresh Start Adjustments          
Fresh-Start Adjustment [Line Items]          
Proved properties     (10,941,313)    
Unevaluated properties     (538,570)    
CO2 properties     (1,011,169)    
Pipelines     (2,207,246)    
Other property and equipment     (104,152)    
Less accumulated depletion, depreciation, amortization and impairment     12,864,141    
Net property and equipment     (1,938,309)    
Operating lease right-of-use assets     69    
Intangible assets, net     79,678    
Other assets     (3,027)    
Total assets     (1,861,589)    
Accounts payable and accrued liabilities     3,738    
Current maturities of long-term debt     364    
Operating lease liabilities     (29)    
Total current liabilities     4,073    
Long-term debt     (25,151)    
Asset retirement obligations     (24,697)    
Deferred tax liabilities, net     (414,120)    
Operating lease liabilities     10    
Other liabilities     18,599    
Total long-term liabilities not subject to compromise     (445,359)    
Accumulated deficit     (1,420,303)    
Total stockholders' equity     (1,420,303)    
Total liabilities and stockholders' equity     $ (1,861,589)