Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31, 2021
  Fair Value Fair Value Measurement Classification
Description Measurement Level 1 Level 2 Level 3
Assets:        
Commodity derivative assets – current $ 13,093  $ —  $ 13,093  $ — 
Commodity derivative assets – noncurrent $ 5,269  $ —  $ 5,269  $ — 
Liabilities:        
Interest rate swap liabilities – current $ (3,730) $ —  $ (3,730) $ — 
Interest rate swap liabilities – noncurrent $ (615) $ —  $ (615) $ — 
Commodity derivative liabilities – current $ (40,598) $ —  $ (40,598) $ — 
Commodity derivative liabilities – noncurrent $ (14,299) $ —  $ (14,299) $ — 
  As of December 31, 2020
  Fair Value Fair Value Measurement Classification
Description Measurement Level 1 Level 2 Level 3
Assets:        
Commodity derivative assets – current $ 75,506  $ —  $ 75,506  $ — 
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 $ (81,451) $ —  $ (81,451) $ — 
Commodity derivative liabilities – noncurrent $ (26,789) $ —  $ (26,789) $ —