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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 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 $ 39,446 $ 50,563 $ 104,501 $ 158,360
Other 384 246 1,222 743
Total operating revenues 39,830 50,809 105,723 159,103
Production:        
Lease operating 10,091 11,958 32,880 39,617
Workover and other 905 1,566 2,767 5,580
Taxes other than income 2,722 3,012 7,130 9,213
Gathering and other 13,500 10,147 39,275 36,057
Restructuring   3,223 2,580 15,148
General and administrative 4,111 19,423 13,237 36,550
Depletion, depreciation and accretion 15,755 20,512 48,167 90,912
Full cost ceiling impairment 128,336 45,568 188,443 985,190
(Gain) loss on sale of Water Assets   (164)   3,618
Total operating expenses 175,420 115,245 334,479 1,221,885
Income (loss) from operations (135,590) (64,436) (228,756) (1,062,782)
Other income (expenses):        
Net gain (loss) on derivative contracts (15,843) 13,457 67,695 (34,332)
Interest expense and other (1,692) (10,547) (4,889) (37,606)
Reorganization items, net   (1,758)   (1,758)
Total other income (expenses) (17,535) 1,152 62,806 (73,696)
Income (loss) before income taxes (153,125) (63,284) (165,950) (1,136,478)
Income tax benefit (provision)       95,791
Net income (loss) $ (153,125) $ (63,284) $ (165,950) $ (1,040,687)
Net income (loss) per share of common stock:        
Basic (in dollars per share) $ (9.45) $ (0.40) $ (10.24) $ (6.55)
Diluted (in dollars per share) $ (9.45) $ (0.40) $ (10.24) $ (6.55)
Weighted average common shares outstanding:        
Basic (in shares) 16,204 159,143 16,204 158,916
Diluted (in shares) 16,204 159,143 16,204 158,916
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 $ 39,446 $ 50,563 $ 104,501 $ 158,360
Oil        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 33,638 46,275 91,313 145,024
Natural gas        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 1,912 301 3,102 107
NGLs        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 3,896 $ 3,987 $ 10,086 $ 13,229