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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2020
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | Revenues associated with contracts with customers for crude oil, natural gas and NGL sales and other services were as follows for the periods presented (in thousands):
| Successor |  |  | Predecessor
| Period from November 20, 2020 through December 31, 2020 |  |  | Period from January 1, 2020 through November 19, 2020 |  | Year Ended December 31,
|  |  |  | 2019 |  | 2018
Crude oil revenues | $ | 69,075 |  |  |  | $ | 522,812 |  |  | $ | 1,261,413 |  |  | $ | 1,425,409 |
Purchased crude oil sales | 6,771 |  |  |  | 160,420 |  |  | 401,554 |  |  | 540,633 |
Natural gas and NGL revenues | 17,367 |  |  |  | 80,773 |  |  | 147,358 |  |  | 164,615 |
Purchased natural gas sales | 366 |  |  |  | 5,047 |  |  | 7,207 |  |  | 6,078 |
Other services revenues | 215 |  |  |  | 6,836 |  |  | 41,974 |  |  | 61,075 |
Total E&P revenues | $ | 93,794 |  |  |  | $ | 775,888 |  |  | $ | 1,859,506 |  |  | $ | 2,197,810 |
Revenues associated with contracts with customers for midstream services were as follows for the periods presented (in thousands):
| Successor |  |  | Predecessor
| Period from November 20, 2020 through December 31, 2020 |  |  | Period from January 1, 2020 through November 19, 2020 |  | Year Ended December 31,
|  |  |  | 2019 |  | 2018
Midstream service revenues |  |  |  |  |  |  |  |
Crude oil, natural gas and NGL revenues | $ | 8,912 |  |  |  | $ | 82,466 |  |  | $ | 95,399 |  |  | $ | 73,028 |
Produced and flowback water revenues | 3,512 |  |  |  | 31,932 |  |  | 40,534 |  |  | 37,791 |
Total midstream service revenues | $ | 12,424 |  |  |  | $ | 114,398 |  |  | $ | 135,933 |  |  | $ | 110,819 |
Midstream product revenues |  |  |  |  |  |  |  |
Purchased crude oil sales | $ | 90 |  |  |  | $ | 20,900 |  |  | $ | 30 |  |  | $ | 3,633 |
Crude oil, natural gas and NGL revenues | 13,150 |  |  |  | 48,883 |  |  | 70,746 |  |  | 1,464 |
Freshwater revenues | 457 |  |  |  | 3,350 |  |  | 5,529 |  |  | 8,221 |
Total midstream product revenues | $ | 13,697 |  |  |  | $ | 73,133 |  |  | $ | 76,305 |  |  | $ | 13,318 |
Total midstream revenues | $ | 26,121 |  |  |  | $ | 187,531 |  |  | $ | 212,238 |  |  | $ | 124,137 |
Change in Company's Contract Assets and Contract Liabilities | The following table reflects the changes in the Company’s contract liabilities for the periods presented (in thousands):
| Successor |  |  | Predecessor
| December 31, 2020 |  |  | December 31, 2019
Beginning of the period | $ | 2,105 |  |  |  | $ | — |
Cash received | 2,267 |  |  |  | 2,174 |
Revenues recognized | (406) |  |  |  | (69) |
End of the period | $ | 3,966 |  |  |  | $ | 2,105 |
Estimated Revenue Satisfaction Period Related to Remaining Performance Obligations | The following table presents estimated revenue allocated to remaining performance obligations for contracted revenues that are unsatisfied (or partially satisfied) as of December 31, 2020 (Successor):
| (In thousands)
2021 | $ | 16,921 |
2022 | 17,175 |
2023 | 10,896 |
2024 | 11,089 |
2025 | 2,768 |
Total | $ | 58,849 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
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- Definition Tabular disclosure of expected timing for satisfying remaining performance obligation. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045 + Details
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