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COMMITMENTS AND CONTINGENCIES (Tables)

6 Months Ended

Jun. 30, 2017

COMMITMENTS AND CONTINGENCIES

Schedule of approximate future minimum lease payments for subsequent annual periods for all non-cancelable operating leases

        Future obligations associated with the Company's operating leases are presented in the table below (in thousands):

Remaining period in 2017		$	1,695
2018			3,430
2019			2,997
2020			1,811
2021			1,497
Thereafter			2,180
​	​	​	​	​
Total		$	13,610
​	​	​	​	​
​	​	​	​	​

Schedule of commitments

        As of June 30, 2017 (Successor), the Company has the following active drilling rig and hydraulic fracturing commitments (in thousands):

Remaining period in 2017		$	18,344
2018			16,244
2019			—
2020			—
2021			—
Thereafter			—
​	​	​	​	​
Total		$	34,588
​	​	​	​	​
​	​	​	​	​

Schedule of other contractual commitments for, among other things, stacking charges on certain drilling rig commitments

        In the future, the Company expects to incur stacking charges/early termination fees on certain drilling rig commitments as follows (in thousands):

Remaining period in 2017		$	2,222
2018			1,260
2019			—
2020			3,000
2021			—
Thereafter			—
​	​	​	​	​
Total		$	6,482
​	​	​	​	​
​	​	​	​	​

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Tabular disclosure of commitments of the entity.

+ References

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- Definition

Tabular disclosure of other contractual commitments for, among other things, pipeline and well equipment and infrastructure related expenditures.

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717

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