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Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s long-term debt consists of the following:
December 31,
20192018
 (In thousands)
Oasis Credit Facility$337,000  $468,000  
OMP Credit Facility458,500  318,000  
Senior unsecured notes
6.50% senior unsecured notes due November 1, 2021
71,835  71,835  
6.875% senior unsecured notes due March 15, 2022
890,980  901,480  
6.875% senior unsecured notes due January 15, 2023
351,953  366,094  
6.25% senior unsecured notes due May 1, 2026
400,000  400,000  
2.625% senior unsecured convertible notes due September 15, 2023
267,800  300,000  
Total principal of senior unsecured notes1,982,568  2,039,409  
Less: unamortized deferred financing costs on senior unsecured notes(15,618) (20,865) 
Less: unamortized debt discount on senior unsecured convertible notes(50,877) (69,268) 
Total long-term debt$2,711,573  $2,735,276  
Schedule of Long-Term Debt Interest Rate As of December 31, 2019, 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 PercentageApplicable 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 %
The applicable margin for borrowings under the OMP Credit Facility is determined in accordance with the OMP Credit Agreement as follows:
Consolidated Total Leverage RatioApplicable Margin
for Eurodollar Loans		Applicable Margin
for ABR Loans		Commitment Fee Rate
Less than or equal to 3.00 to 1.00
1.75 %0.75 %0.375 %
Greater than 3.00 to 1.00 but less than or equal to 3.50 to 1.00
2.00 %1.00 %0.375 %
Greater than 3.50 to 1.00 but less than or equal to 4.00 to 1.00
2.25 %1.25 %0.500 %
Greater than 4.00 to 1.00 but less than or equal to 4.50 to 1.00
2.50 %1.50 %0.500 %
Greater than 4.50 to 1.00
2.75 %1.75 %0.500 %