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v3.23.2

Revolving Line of Credit - Ratios (Details) - Revolving Credit Facility | 6 Months Ended |
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Jun. 30, 2023 USD ($) | Dec. 31, 2022 USD ($)
Revolving Credit Facility |  |
Current ratio | 1.0 |
Line of credit | $ 0 | $ 0
Percentage of Utilization of Borrowing Base | 50.00% |
Percentage of Hedging Anticipated Production from PDP Reserves | 50.00% |
Rolling Term for Calculation of Anticipated Production from PDP Reserves | 24 months |
Minimum |  |
Revolving Credit Facility |  |
Leverage ratio | 1.0 |
Maximum |  |
Revolving Credit Facility |  |
Leverage ratio | 2.5 |

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- Definition The ratio measures the ability of a company to cover its short-term liabilities with its current assets should be maintained. + References No definition available. + Details
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- Definition The ratio should maintain among debt and equity which will assesses the ability of the company to meet its financial obligations after adjusted for interest, taxes and non-cash amounts. + References No definition available. + Details
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- Definition Percentage of hedging anticipated production from PDP reserves. + References No definition available. + Details
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- Definition Percentage of utilization of borrowing base. + References No definition available. + Details
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- Definition Rolling term for calculation of anticipated production from PDP reserves + References No definition available. + Details
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI https://asc.fasb.org/extlink&oid=126734703&loc=d3e572229-122910 + Details
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Balance Type: | credit
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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