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LONG-TERM DEBT - Narrative (Details) - USD ($) |  | 1 Months Ended | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | --- | ---
Jan. 02, 2024 | Aug. 01, 2024 | Jun. 30, 2024 | Jun. 30, 2023 | Jun. 30, 2024 | Jun. 30, 2023 | Jun. 12, 2024 | Dec. 31, 2023
LONG-TERM DEBT |  |  |  |  |  |  |  |
Interest expense |  |  | $ 114,900,000 | $ 8,800,000 | $ 224,700,000 | $ 16,200,000 |  |
Revolving Credit Facility |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Minimum current ratio covenant |  |  |  |  | 1.00 |  |  |
Discount percentage |  |  |  |  | 9.00% |  |  |
Coverage ratio |  |  |  |  | 1.50 |  |  |
Vencer Acquisition |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Cash consideration to be paid January 3, 2025 | $ 550,000,000 |  |  |  |  |  |  |
Deferred acquisition consideration | 532,284,000 |  |  |  |  |  |  |
Cash consideration | $ 996,420,000 |  | 37,500,000 |  |  |  |  |
Interest expense |  |  | 9,200,000 |  | $ 17,800,000 |  |  |
Vencer Acquisition | Subsequent Event |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Cash consideration to be paid January 3, 2025 |  | $ 475,000,000 |  |  |  |  |  |
Cash consideration |  | $ 37,500,000 |  |  |  |  |  |
Amended Credit Agreement | Revolving Credit Facility |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  | 4,000,000,000 |  | 4,000,000,000 |  |  |
Additional borrowing capacity |  |  |  |  |  |  | $ 400,000,000 |
Borrowing base amount |  |  | 3,400,000,000 |  | 3,400,000,000 |  | 3,400,000,000 |
Aggregate elected commitments, additional borrowings |  |  |  |  |  |  | 350,000,000 |
Aggregate elected commitments |  |  | $ 2,200,000,000 |  | $ 2,200,000,000 |  | $ 2,200,000,000 |
Covenant, minimum percentage of mortgage on total value of certain proved oil and gas properties |  |  | 90.00% |  | 90.00% |  |  |
Maximum net leverage ratio |  |  | 3.00 |  | 3.00 |  |  |
Amended Credit Agreement | Revolving Credit Facility | Fed Funds Effective Rate Overnight Index Swap Rate |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  | 0.50% |  |  |
Amended Credit Agreement | Revolving Credit Facility | SOFR |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  | 1.00% |  |  |
Basis spread on variable rate, floor |  |  |  |  | 0.50% |  |  |
Amended Credit Agreement | Revolving Credit Facility | SOFR | Minimum |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  | 1.75% |  |  |
Amended Credit Agreement | Revolving Credit Facility | SOFR | Maximum |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  | 2.75% |  |  |
Amended Credit Agreement | Revolving Credit Facility | SOFR, Plus Basis Spread One |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Basis spread on variable rate, floor |  |  |  |  | 1.50% |  |  |
Amended Credit Agreement | Revolving Credit Facility | SOFR, Plus Basis Spread One | Minimum |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  | 0.75% |  |  |
Amended Credit Agreement | Revolving Credit Facility | SOFR, Plus Basis Spread One | Maximum |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  | 1.75% |  |  |
Amended Credit Agreement | HighPoint Merger | Revolving Credit Facility |  |  |  |  |  |  |  |
LONG-TERM DEBT |  |  |  |  |  |  |  |
Deferred financing costs, gross |  |  | $ 33,400,000 |  | $ 33,400,000 |  |  | $ 34,400,000
Deferred financing costs, net |  |  | 25,300,000 |  | 25,300,000 |  |  | 26,900,000
Unamortized deferred financing costs |  |  | $ 8,100,000 |  | $ 8,100,000 |  |  | $ 7,500,000

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