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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

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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