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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2021
Accounting Policies [Abstract] |
Schedule of Restricted Cash | The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the accompanying balance sheets, which sums to the total of such amounts shown in the accompanying statements of cash flows (in thousands):
| As of December 31,
| 2021 |  | 2020 |  | 2019
Cash and cash equivalents | $ | 254,454 |  |  | $ | 24,743 |  |  | $ | 11,008 |
Restricted cash(1) | 102 |  |  | 102 |  |  | 87 |
Total cash, cash equivalents, and restricted cash | $ | 254,556 |  |  | $ | 24,845 |  |  | $ | 11,095 |
____________________________ (1) Included in other noncurrent assets and consists of funds for road maintenance and repairs.
Schedule of Cash and Cash Equivalents | The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the accompanying balance sheets, which sums to the total of such amounts shown in the accompanying statements of cash flows (in thousands):
| As of December 31,
| 2021 |  | 2020 |  | 2019
Cash and cash equivalents | $ | 254,454 |  |  | $ | 24,743 |  |  | $ | 11,008 |
Restricted cash(1) | 102 |  |  | 102 |  |  | 87 |
Total cash, cash equivalents, and restricted cash | $ | 254,556 |  |  | $ | 24,845 |  |  | $ | 11,095 |
____________________________ (1) Included in other noncurrent assets and consists of funds for road maintenance and repairs.
Schedules of Concentrations of Credit Risk and Major Customers | For the periods presented below, the following purchasers of the Company's production accounted for more than 10% of the Company's revenue as follows:
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Customer A | 43 | % |  | 77 | % |  | 82 | %
Customer B | 15 | % |  | — | % |  | — | %
Customer C | 13 | % |  | 9 | % |  | 6 | %
Schedule of Disaggregation of Revenue | Revenue attributable to each identified revenue stream is disaggregated below (in thousands):
| Year Ended December 31,
| 2021 |  | 2020 |  | 2019
Operating net revenues: |  |  |  |  |
Oil sales | $ | 614,811 |  |  | $ | 174,536 |  |  | $ | 268,865 |
Natural gas sales | 144,708 |  |  | 24,243 |  |  | 28,296 |
NGL sales | 171,095 |  |  | 19,311 |  |  | 16,059 |
Oil, natural gas, and NGL sales | $ | 930,614 |  |  | $ | 218,090 |  |  | $ | 313,220 |

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