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Long-Term Debt (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The Company’s long-term debt consists of the following (in thousands):
SuccessorPredecessor
December 31, 2020December 31, 2019
Predecessor Credit Facility$— $337,000 
Oasis Credit Facility260,000 — 
OMP Credit Facility450,000 458,500 
Senior unsecured notes
6.50% senior unsecured notes due November 1, 2021
— 71,835 
6.875% senior unsecured notes due March 15, 2022
— 890,980 
6.875% senior unsecured notes due January 15, 2023
— 351,953 
6.25% senior unsecured notes due May 1, 2026
— 400,000 
2.625% senior unsecured convertible notes due September 15, 2023
— 267,800 
Total principal of senior unsecured notes— 1,982,568 
Less: unamortized deferred financing costs on senior unsecured notes— (15,618)
Less: unamortized debt discount on senior unsecured convertible notes— (50,877)
Total long-term debt$710,000 $2,711,573 
Schedule of Long-Term Debt Interest Rate As of December 31, 2020, any outstanding Eurodollar 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 Eurodollar Loans		Applicable Margin
for ABR Loans
Less than 25%
2.000 %3.000 %
Greater than or equal to 25% but less than 50%
2.250 %3.250 %
Greater than or equal to 50% but less than 75%
2.500 %3.500 %
Greater than or equal to 75% but less than 90%
2.750 %3.750 %
Greater than or equal to 90%
3.000 %4.000 %
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 %