XML 115 R85.htm IDEA: XBRL DOCUMENT v3.24.0.1
DISCLOSURES ABOUT CRUDE OIL AND NATURAL GAS PRODUCING ACTIVITIES (UNAUDITED) - Change in Quantities of Proved Oil, Natural Gas Liquids, and Natural Gas Reserves (Details)
bbl in Thousands, Mcf in Thousands, MBoe in Millions, Boe in Millions
12 Months Ended
Dec. 31, 2023
Boe
$ / MMBTU
$ / bbl
bbl
Mcf
Dec. 31, 2022
Boe
$ / bbl
$ / MMBTU
bbl
Mcf
Dec. 31, 2021
Boe
MBoe
$ / bbl
$ / MMBTU
bbl
Mcf
Dec. 31, 2020
$ / MMBTU
$ / bbl
bbl
Mcf
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Balance at the beginning of the period 416,019 397,690 118,192  
Extensions, discoveries, and other additions 21,513 27,904 36  
Production (77,430) (62,063) (8,595)  
Divestiture of reserves (1,940)      
Removed from capital program (4,758) (228) (24,054)  
Acquisition of reserves 372,377 27,269 332,093  
Revisions to previous estimates (27,982) 25,447 (19,983)  
Balance at the end of the period 697,799 416,019 397,690 118,192
Proved developed reserves 541,239 344,904 317,839  
Proved undeveloped reserves 156,560 71,115 79,851  
Proved reserves demoted to non-proved        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe (4.8) (0.2) (24.1)  
Proved developed and undeveloped reserve, drilling program, term 5 years      
Wattenberg Field, Rocky Mountain Region        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe (28.0) 25.4 (20.0)  
Wattenberg Field, Rocky Mountain Region | Price-Related Revisions        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe (11.1) 11.8    
Wattenberg Field, Rocky Mountain Region | Non-producing Wells, Expected to be or Have Been Plugged and Abandoned Negative Revision        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe (11.0)      
Wattenberg Field, Rocky Mountain Region | Update to Production Costs, Negative Revision        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe (14.2)      
Wattenberg Field, Rocky Mountain Region | Update to Well Performance, Negative Revision        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe (0.9)      
Wattenberg Field, Rocky Mountain Region | Interests and Positive Volume Changes in Natural Gas Shrinks and NGL Yields        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe 9.2      
Wattenberg Field, Rocky Mountain Region | Well Performance Forecasts and NGL Yields        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe   13.6    
Wattenberg Field, Rocky Mountain Region | Changes in Well Operating Cost Methodology        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe     (13.1)  
Wattenberg Field, Rocky Mountain Region | Engineering Revisions        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe     (6.9)  
Revisions to previous estimates - increase (decrease) | MBoe     7.1  
Wattenberg Field, Rocky Mountain Region | Fuel, Gas, Interest, Shrink and Other Negative Revisions        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Proved developed and undeveloped reserve, revision upward (reduction) of previous estimate (energy) | Boe     (7.1)  
Horizontal development | Wattenberg Field, Rocky Mountain Region        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Extensions, discoveries, and other additions | Boe 21.5 27.9 0.0  
Crude Oil        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Balance at the beginning of the period 152,602 143,579 52,793  
Extensions, discoveries, and other additions 12,598 12,408 19  
Production (36,726) (27,651) (4,523)  
Divestiture of reserves (830)      
Removed from capital program (2,301) (105) (12,249)  
Acquisition of reserves 151,717 17,479 114,379  
Revisions to previous estimates (4,255) 6,892 (6,840)  
Balance at the end of the period 272,805 152,602 143,579 52,793
Proved developed reserves 199,585 117,768 104,078  
Proved undeveloped reserves 73,220 34,834 39,501  
Crude Oil | Wattenberg Field, Rocky Mountain Region        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Oil and gas commodity, price decrease (in dollars per share) | $ / bbl 15.45      
Oil and gas commodity price (in dollars per share) | $ / bbl 78.22 93.67 66.56 39.57
Oil and gas commodity, price increase (in dollars per share) | $ / bbl   27.11    
Gas contracts        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Balance at the beginning of the period | Mcf 867,500 888,499 235,728  
Extensions, discoveries, and other additions | Mcf 31,174 51,358 103  
Production | Mcf (133,821) (112,478) (13,852)  
Divestiture of reserves | Mcf (3,582)      
Removed from capital program | Mcf (7,812) (459) (43,918)  
Acquisition of reserves | Mcf 635,710 31,872 767,504  
Revisions to previous estimates | Mcf (68,867) 8,708 (57,066)  
Balance at the end of the period | Mcf 1,320,302 867,500 888,499 235,728
Proved developed reserves | Mcf 1,077,221 750,793 748,762  
Proved undeveloped reserves | Mcf 243,081 116,707 139,737  
Gas contracts | Wattenberg Field, Rocky Mountain Region        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Oil and gas commodity, price decrease (in dollars per share) | $ / MMBTU 3.72      
Oil and gas commodity price (in dollars per share) | $ / MMBTU 2.64 6.36 3.60 1.99
Oil and gas commodity, price increase (in dollars per share) | $ / MMBTU   2.76    
NGL contracts        
Changes in quantities of proved oil, natural gas liquids and natural gas reserves        
Balance at the beginning of the period 118,834 106,028 26,111  
Extensions, discoveries, and other additions 3,719 6,936 0  
Production (18,400) (15,666) (1,763)  
Divestiture of reserves (514)      
Removed from capital program (1,155) (46) (4,485)  
Acquisition of reserves 114,708 4,478 89,797  
Revisions to previous estimates (12,249) 17,104 (3,632)  
Balance at the end of the period 204,943 118,834 106,028 26,111
Proved developed reserves 162,117 102,004 88,967  
Proved undeveloped reserves 42,826 16,830 17,061