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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 128,578 $ 36,861
Accounts receivable, net 321,855 111,821
Accounts receivable – affiliates 20,341 0
Derivative assets – current 0 30,926
Drilling advances 200 38,892
Prepaid and other current assets 8,644 1,948
Total current assets 479,618 220,448
Oil and natural gas properties at cost, successful efforts method    
Proved 6,043,602 4,910,059
Unproved 308,721 288,459
Oil and natural gas properties at cost, successful efforts method 6,352,323 5,198,518
Field and other property and equipment, at cost 144,318 138,371
Total property, plant and equipment 6,496,641 5,336,889
Less: accumulated depreciation, depletion, amortization and impairment (1,941,528) (1,694,742)
Property, plant and equipment, net 4,555,113 3,642,147
Goodwill 76,564 0
Derivative assets – noncurrent 579 22,352
Equity method investments 15,415 0
Other assets 30,173 22,422
TOTAL ASSETS 5,157,462 3,907,369
Current liabilities:    
Accounts payable and accrued liabilities 337,881 80,688
Accounts payable – affiliates 8,675 9,019
Derivative liabilities – current 253,525 26,392
Financing lease obligations – current 1,606 0
Other current liabilities 14,438 4,572
Total current liabilities 616,125 120,671
Long-term debt 1,030,406 751,075
Derivative liabilities – noncurrent 133,471 23,958
Asset retirement obligations 258,102 106,403
Deferred tax liability 82,537 0
Financing lease obligations – noncurrent 3,512 0
Other liabilities 13,652 12,102
Total liabilities 2,137,805 1,014,209
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests 2,325,013 0
Equity:    
Members’ equity – Class A units, no units and 1,220,421 units outstanding as of December 31, 2021 and 2020, respectively   2,716,892
Preferred stock, $0.0001 par value; 500,000,000 shares authorized and 1,000 Series I preferred shares issued and outstanding as of December 31, 2021; no shares issued and outstanding as of December 31, 2020 0  
Treasury stock, at cost; 1,150,991 shares of Class A common stock as of December 31, 2021 and no shares of Class A Common Stock as of December 31, 2020 (18,448)  
Additional paid-in capital 720,016  
Accumulated deficit (19,376)  
Noncontrolling interests 12,435  
Noncontrolling interests   176,268
Total equity 694,644  
Total equity   2,893,160
TOTAL LIABILITIES, REDEEMABLE NONCONTROLLING INTERESTS AND EQUITY 5,157,462 $ 3,907,369
Class A    
Equity:    
Common stock 4  
Class B    
Equity:    
Common stock $ 13