Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Valuation of Crude Oil and Natural Gas Derivative Instruments by Pricing Levels

The following tables summarize the valuation of crude oil and natural gas derivative instruments by pricing levels that were accounted for at fair value on a recurring basis as of March 31, 2026 and December 31, 2025.


		Fair value measurements at March 31, 2026 using:
In thousands		Level 1				Level 2				Level 3				Total
Derivative assets (liabilities):
Crude oil fixed price swaps		$	—			$	(710,685	)		$	—			$	(710,685	)
Crude oil collars			—				(121,456	)			—				(121,456	)
Crude oil NYMEX roll swaps			—				(33,931	)			—				(33,931	)
Natural gas fixed price swaps			—				195,796				—				195,796
Natural gas WAHA basis swaps			—				57,630				—				57,630
Total		$	—			$	(612,646	)		$	—			$	(612,646	)


		Fair value measurements at December 31, 2025 using:
In thousands		Level 1				Level 2				Level 3				Total
Derivative assets:
Crude oil fixed price swaps		$	—			$	147,943			$	—			$	147,943
Crude oil collars			—				58,815				—				58,815
Natural gas fixed price swaps			—				120,753				—				120,753
Natural gas collars			—				16,702				—				16,702
Natural gas WAHA basis swaps			—				37,116				—				37,116
Total		$	—			$	381,329			$	—			$	381,329