Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.20.4
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis The following tables summarize the valuation of those assets and (liabilities) as of the dates presented:
  As of December 31, 2020
  Fair Value Fair Value Measurement Classification
Description Measurement Level 1 Level 2 Level 3
Assets:        
Commodity derivative assets – current $ 78,793  $ —  $ 78,793  $ — 
Commodity derivative assets – noncurrent $ 25,449  $ —  $ 25,449  $ — 
Liabilities:        
Interest rate swap liabilities - current $ (3,655) $ —  $ (3,655) $ — 
Interest rate swap liabilities - noncurrent $ (1,645) $ —  $ (1,645) $ — 
Commodity derivative liabilities – current $ (81,772) $ —  $ (81,772) $ — 
Commodity derivative liabilities – noncurrent $ (26,789) $ —  $ (26,789) $ — 
  As of December 31, 2019
  Fair Value Fair Value Measurement Classification
Description Measurement Level 1 Level 2 Level 3
Assets:        
Commodity derivative assets – current $ 4,131  $ —  $ 4,131  $ — 
Commodity derivative assets – noncurrent 2,750  —  2,750  — 
Liabilities:        
Commodity derivative liabilities – current $ (23,450) $ —  $ (23,450) $ — 
Commodity derivative liabilities – noncurrent (3,385) —  (3,385) —