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Revenue Recognition
 6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Revenues from contracts with customers for crude oil, NGL and natural gas sales and other services were as follows for the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
 2022202120222021
 (In thousands)
Crude oil revenues$418,860 $206,729 $804,768 $392,547 
Purchased crude oil sales210,764 81,796 332,936 129,961 
Natural gas and NGL revenues119,707 48,266 227,301 107,438 
Purchased natural gas sales39,725 27,026 77,020 59,006 
Other services revenues324 195 324 421 
Total revenues$789,380 $364,012 $1,442,349 $689,373 
The Company records revenue when the performance obligations under the terms of its customer contracts are satisfied. For sales of commodities, the Company records revenue in the month the production or purchased product is delivered to the purchaser. However, settlement statements and payments are typically not received for 20 to 60 days after the date production is delivered, and as a result, the Company is required to estimate the amount of production that was delivered to the purchaser and the price that will be received for the sale of the product. The Company uses knowledge of its properties, its properties’ historical performance, spot market prices and other factors as the basis for these estimates. The Company records the differences between estimates and the actual amounts received for product sales once payment is received from the purchaser. In certain cases, the Company is required to estimate these volumes during a reporting period and record any differences between the estimated volumes and actual volumes in the following reporting period. Differences between estimated and actual revenues have historically not been significant. For the three and six months ended June 30, 2022 and 2021, revenue recognized related to performance obligations satisfied in prior reporting periods was not material.