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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 64,103 $ 18,031 $ 119,369 $ 65,055
Other 263 463 515 838
Total operating revenues 64,366 18,494 119,884 65,893
Production:        
Lease operating 10,169 10,300 19,636 22,789
Workover and other 767 539 1,327 1,862
Taxes other than income 2,912 1,493 6,104 4,408
Gathering and other 14,331 15,228 27,502 25,775
Restructuring   2,162   2,580
General and administrative 4,031 5,270 8,858 9,126
Depletion, depreciation and accretion 11,249 14,382 21,844 32,412
Full cost ceiling impairment   60,107   60,107
Total operating expenses 43,459 109,481 85,271 159,059
Income (loss) from operations 20,907 (90,987) 34,613 (93,166)
Other income (expenses):        
Net gain (loss) on derivative contracts (53,089) (34,761) (98,800) 83,538
Interest expense and other (1,747) (1,568) (3,117) (3,197)
Total other income (expenses) (54,836) (36,329) (101,917) 80,341
Income (loss) before income taxes (33,929) (127,316) (67,304) (12,825)
Net income (loss) $ (33,929) $ (127,316) $ (67,304) $ (12,825)
Net income (loss) per share of common stock:        
Basic (in dollars per share) $ (2.09) $ (7.86) $ (4.14) $ (0.79)
Diluted (in dollars per share) $ (2.09) $ (7.86) $ (4.14) $ (0.79)
Weighted average common shares outstanding:        
Basic (in shares) 16,268 16,204 16,250 16,204
Diluted (in shares) 16,268 16,204 16,250 16,204
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 $ 64,103 $ 18,031 $ 119,369 $ 65,055
Oil        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 51,935 15,758 93,205 57,675
Natural gas        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 5,317 836 14,404 1,190
NGLs        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 6,851 $ 1,437 $ 11,760 $ 6,190