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COMMITMENTS AND CONTINGENCIES (Tables)

3 Months Ended

Mar. 31, 2019

COMMITMENTS AND CONTINGENCIES

Schedule of active drilling rig commitments

As of March 31, 2019, the Company has the following active drilling rig commitments (in thousands):

		March 31, 2019
Remaining period in 2019		$	1,321
2020			—
2021			—
2022			—
2023			—
Thereafter			—
Total		$	1,321

Schedule of rig termination commitments

As of March 31, 2019, the Company has the following rig termination commitments (in thousands):

		March 31, 2019
Remaining period in 2019		$	—
2020			3,000
2021			—
2022			—
2023			—
Thereafter			—
Total		$	3,000

Schedule of purchase commitments related to equipment

As of March 31, 2019, the Company has the following purchase commitments related to equipment (in thousands):

		March 31, 2019
Remaining period in 2019		$	7,997
2020			—
2021			—
2022			—
2023			—
Thereafter			—
Total		$	7,997

X

- Definition

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

+ References

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Tabular disclosure of information about purchase commitments.

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- Definition

Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 303
-Paragraph a
-Subparagraph 5

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