v3.26.1
COMMODITY DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Changes in Fair Value of Company's Commodity Derivative Instruments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Derivatives not designated as hedging instruments        
Gain (loss) on derivative instruments $ 26,850 $ 52,784 $ (37,700) $ (3,217)
Net cash paid (received) on settlements of derivative instruments     21,012 465
Derivatives not designated as hedging instruments        
Derivatives not designated as hedging instruments        
Beginning fair value of commodity derivative instruments (29,313) (65,999) 22,993 (13,609)
Net change in fair value of commodity derivative instruments 35,618 49,638 (16,688) (2,752)
Ending fair value of commodity derivative instruments 6,305 (16,361) 6,305 (16,361)
Derivatives not designated as hedging instruments | Oil Swap Contracts:        
Derivatives not designated as hedging instruments        
Gain (loss) on derivative instruments 12,519 17,224 (52,717) 16,411
Net cash paid (received) on settlements of derivative instruments 19,352 (4,038) 16,061 (3,656)
Derivatives not designated as hedging instruments | Natural gas and natural gas liquids sales        
Derivatives not designated as hedging instruments        
Gain (loss) on derivative instruments 14,331 35,560 15,017 (19,628)
Net cash paid (received) on settlements of derivative instruments $ (10,584) $ 892 $ 4,951 $ 4,121