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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 50,563 $ 61,245 $ 158,360 $ 165,652
Other 246 350 743 613
Total operating revenues 50,809 61,595 159,103 166,265
Production:        
Lease operating 11,958 5,275 39,617 15,504
Workover and other 1,566 1,478 5,580 4,795
Taxes other than income 3,012 3,557 9,213 9,812
Gathering and other 10,147 18,404 36,057 30,782
Restructuring 3,223   15,148 128
General and administrative 19,423 19,731 36,550 49,196
Depletion, depreciation and accretion 20,512 20,310 90,912 52,397
Full cost ceiling impairment 45,568   985,190  
(Gain) loss on sale of oil and natural gas properties   1,331   7,235
(Gain) loss on sale of Water Assets (164)   3,618  
Total operating expenses 115,245 70,086 1,221,885 169,849
Income (loss) from operations (64,436) (8,491) (1,062,782) (3,584)
Other income (expenses):        
Net gain (loss) on derivative contracts 13,457 (60,406) (34,332) (66,603)
Interest expense and other (10,547) (12,940) (37,606) (30,522)
Reorganization items (1,758)   (1,758)  
Total other income (expenses) 1,152 (73,346) (73,696) (97,125)
Income (loss) before income taxes (63,284) (81,837) (1,136,478) (100,709)
Income tax benefit (provision)     95,791  
Net income (loss) $ (63,284) $ (81,837) $ (1,040,687) $ (100,709)
Net income (loss) per share of common stock:        
Basic (in dollars per share) $ (0.40) $ (0.52) $ (6.55) $ (0.64)
Diluted (in dollars per share) $ (0.40) $ (0.52) $ (6.55) $ (0.64)
Weighted average common shares outstanding:        
Basic (in shares) 159,143 158,011 158,916 156,628
Diluted (in shares) 159,143 158,011 158,916 156,628
Oil        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 46,275 $ 53,918 $ 145,024 $ 145,743
Natural gas        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 301 1,407 107 5,286
Natural gas liquids        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 3,987 $ 5,920 $ 13,229 $ 14,623