Quarterly report pursuant to Section 13 or 15(d)

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.22.1
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

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​

​

​

​

​

​

​

​

​

March 31, 2022

    

December 31, 2021

Derivatives(1) (Note 8)

​

$

77,658

​

$

21,086

Unamortized insurance/bond premiums

​

 

7,291

​

 

5,400

Prepaid deposits related to royalties

​

 

9,189

​

 

8,441

Prepayment to vendors

​

 

4,461

​

 

4,522

Prepayments to joint interest partners

​

​

2,653

​

​

2,808

Debt issue costs

​

​

1,763

​

​

1,065

Other

​

 

46

​

 

57

Prepaid expenses and other assets

​

$

103,061

​

$

43,379

​

(1)

Includes closed contracts which have not yet settled.

Property, Plant and Equipment [Table Text Block]

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​

​

​

​

​

​

​

​

​

March 31, 2022

    

December 31, 2021

Oil and natural gas properties and equipment

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$

8,727,521

​

$

8,636,408

Furniture, fixtures and other

​

 

20,845

​

 

20,844

Total property and equipment

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8,748,366

​

 

8,657,252

Less: Accumulated depreciation, depletion, amortization and impairment

​

 

8,016,674

​

 

7,992,000

Oil and natural gas properties and other, net

​

$

731,692

​

$

665,252

Schedule of Other Assets, Noncurrent [Table Text Block]

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​

​

​

​

​

​

​

​

​

March 31, 2022

    

December 31, 2021

Right-of-Use assets

​

$

10,604

​

$

10,602

Investment in White Cap, LLC

​

 

2,740

​

 

2,533

Proportional consolidation of Monza (Note 6)

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(531)

​

 

2,511

Derivatives (1) (Note 8)

​

 

49,550

​

 

34,435

Other

​

 

1,029

​

 

1,091

Total other assets (long-term)

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$

63,392

​

$

51,172

Schedule of Accrued Liabilities [Table Text Block]

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​

​

​

​

​

​

​

​

​

March 31, 2022

    

December 31, 2021

Accrued interest

​

$

25,405

​

$

10,154

Accrued salaries/payroll taxes/benefits

​

 

3,997

​

 

9,617

Litigation accruals

​

 

500

​

 

646

Lease liability

​

 

1,409

​

 

1,115

Derivatives (1) (Note 8)

​

 

177,298

​

 

81,456

Other

​

 

1,236

​

 

3,152

Total accrued liabilities

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$

209,845

​

$

106,140

Other Noncurrent Liabilities [Table Text Block]

​

​

​

​

​

​

​

​

​

​

March 31, 2022

    

December 31, 2021

Dispute related to royalty deductions

​

$

4,937

​

$

5,177

Derivatives (Note 8)

​

 

63,318

​

 

37,989

Lease liability

​

 

10,936

​

 

11,227

Other

​

 

1,147

​

 

996

Total other liabilities (long-term)

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$

80,338

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$

55,389