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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Financial Designation, Predecessor and Successor [Fixed List] Successor Predecessor Successor Predecessor
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 18,031 $ 55,874 $ 65,055 $ 107,797
Other 463 504 838 497
Total operating revenues 18,494 56,378 65,893 108,294
Production:        
Lease operating 10,300 13,473 22,789 27,659
Workover and other 539 1,368 1,862 4,014
Taxes other than income 1,493 3,308 4,408 6,201
Gathering and other 15,228 11,041 25,775 25,910
Restructuring 2,162 654 2,580 11,925
General and administrative 5,270 12,519 9,126 17,127
Depletion, depreciation and accretion 14,382 40,425 32,412 70,400
Full cost ceiling impairment 60,107 664,383 60,107 939,622
(Gain) loss on sale of Water Assets   2,897   3,782
Total operating expenses 109,481 750,068 159,059 1,106,640
Income (loss) from operations (90,987) (693,690) (93,166) (998,346)
Other income (expenses):        
Net gain (loss) on derivative contracts (34,761) 17,010 83,538 (47,789)
Interest expense and other (1,568) (14,470) (3,197) (27,059)
Total other income (expenses) (36,329) 2,540 80,341 (74,848)
Income (loss) before income taxes (127,316) (691,150) (12,825) (1,073,194)
Income tax benefit (provision)   50,306   95,791
Net income (loss) $ (127,316) $ (640,844) $ (12,825) $ (977,403)
Net income (loss) per share of common stock:        
Basic (in dollars per share) $ (7.86) $ (4.03) $ (0.79) $ (6.15)
Diluted (in dollars per share) $ (7.86) $ (4.03) $ (0.79) $ (6.15)
Weighted average common shares outstanding:        
Basic (in shares) 16,204 159,050 16,204 158,801
Diluted (in shares) 16,204 159,050 16,204 158,801
Total oil, natural gas and natural gas liquids sales        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 18,031 $ 55,874 $ 65,055 $ 107,797
Oil        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 15,758 53,232 57,675 98,749
Natural gas        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 836 (1,655) 1,190 (194)
Natural gas liquids        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 1,437 $ 4,297 $ 6,190 $ 9,242