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v3.23.2

DEBT - Narrative (Details) - USD ($) |  |  |  |  | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | ---
May 01, 2023 | Oct. 31, 2022 | May 02, 2022 | Oct. 14, 2021 | Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | Dec. 31, 2022 | May 17, 2021
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Interest capitalized |  |  |  |  |  |  | $ 1,839,000 | $ 0 |  |
Oil and Gas Properties |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Interest capitalized |  |  |  |  | $ 1,000,000 | $ 0 | 1,800,000 | $ 0 |  |
Senior Notes | Carrying Value |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Carrying value of notes |  |  |  |  | 549,300,000 |  | 549,300,000 |  |  |
Senior Notes | Fair Value | Level 1 |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Carrying value of notes |  |  |  |  | 554,300,000 |  | 554,300,000 |  |  |
New Credit Facility | Unsecured Debt |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Long-term debt |  |  |  |  | $ 99,000,000 |  | $ 99,000,000 |  | $ 145,000,000 |
A8.0Senior Unsecured Notes Due 2026 [Member] | Unsecured Debt |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Debt instrument, amount |  |  |  |  |  |  |  |  |  | $ 550,000,000
Stated interest rate |  |  |  |  | 8.00% |  | 8.00% |  |  |
Revolving Credit Facility | New Credit Facility |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Aggregate maximum principal amount |  |  |  | $ 1,500,000,000 |  |  |  |  |  |
Initial borrowing base amount | $ 1,100,000,000 | $ 1,000,000,000 | $ 1,000,000,000 | $ 850,000,000 |  |  |  |  |  |
Line of credit facility, commitment fee amount | 900,000,000 | 700,000,000 | $ 700,000,000 |  |  |  |  |  |  |
Debt instrument current ratio |  |  | 125.00% | 100.00% |  |  | 100.00% |  |  |
Line of credit facility, excess cash threshold | 75,000,000 | $ 45,000,000 |  |  |  |  |  |  |  |
Long-term debt |  |  |  |  | $ 99,000,000 |  | $ 99,000,000 |  |  |
Unused capacity, commitment fee percentage |  |  |  |  |  |  | 0.50% |  |  |
Debt instrument net funded leverage ratio |  |  |  |  |  |  | 325.00% |  |  |
Letters of credit outstanding, amount |  |  |  |  | $ 74,400,000 |  | $ 74,400,000 |  |  |
Weight average interest rate |  |  |  |  | 8.13% |  | 7.85% |  |  |
Revolving Credit Facility | New Credit Facility | SOFR |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Variable interest rate |  |  | 0.10% |  |  |  |  |  |  |
Revolving Credit Facility | New Credit Facility | Minimum | Base Rate |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Variable interest rate |  |  |  |  |  |  | 1.75% |  |  |
Revolving Credit Facility | New Credit Facility | Minimum | SOFR |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Variable interest rate |  |  |  |  |  |  | 2.75% |  |  |
Revolving Credit Facility | New Credit Facility | Maximum | Base Rate |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Variable interest rate |  |  |  |  |  |  | 2.75% |  |  |
Revolving Credit Facility | New Credit Facility | Maximum | SOFR |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Variable interest rate |  |  |  |  |  |  | 3.75% |  |  |
Revolving Credit Facility | A8.0Senior Unsecured Notes Due 2026 [Member] | Line of Credit |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Long-term debt | $ 100,000,000 |  |  |  | $ 550,000,000 |  | $ 550,000,000 |  | $ 550,000,000 |
Letter of Credit | New Credit Facility |  |  |  |  |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |  |  |  |  |
Aggregate maximum principal amount |  |  |  | $ 175,000,000 |  |  |  |  |  |

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