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Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s long-term debt consists of the following:
 
December 31,
 
2017
 
2016
 
(In thousands)
Oasis Credit Facility
$
70,000

 
$
363,000

OMP Credit Facility
78,000

 
—

Senior unsecured notes
 
 
 
7.25% senior unsecured notes due February 1, 2019
54,275

 
54,275

6.5% senior unsecured notes due November 1, 2021
395,501

 
395,501

6.875% senior unsecured notes due March 15, 2022
937,080

 
937,080

6.875% senior unsecured notes due January 15, 2023
366,094

 
366,094

2.625% senior unsecured convertible notes due September 15, 2023
300,000

 
300,000

Total principal of senior unsecured notes
2,052,950

 
2,052,950

Less: unamortized deferred financing costs on senior unsecured notes
(22,956
)
 
(28,268
)
Less: unamortized debt discount on senior unsecured convertible notes
(80,388
)
 
(90,468
)
Total long-term debt
$
2,097,606

 
$
2,297,214
Schedule of Long-Term Debt Interest Rate
As of December 31, 2017, any outstanding LIBOR and ABR loans would have borne their respective interest rates plus the applicable margin indicated in the following table: 
Total Commitment Utilization Percentage
Applicable Margin
for LIBOR Loans
 
Applicable Margin
for ABR Loans
Less than 25%
1.50
%
 
0.00
%
Greater than or equal to 25% but less than 50%
1.75
%
 
0.25
%
Greater than or equal to 50% but less than 75%
2.00
%
 
0.50
%
Greater than or equal to 75% but less than 90%
2.25
%
 
0.75
%
Greater than or equal to 90%
2.50
%
 
1.00
%