XML 32 R23.htm IDEA: XBRL DOCUMENT v3.22.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2022
FAIR VALUE MEASUREMENTS  
Schedule of fair value of the Company's financial assets and liabilities

June 30, 2022

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets

Assets from commodity-based derivative contracts

$

$

10,118

$

$

10,118

Liabilities

Liabilities from commodity-based derivative contracts

$

$

149,888

$

$

149,888

December 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

Assets

Assets from commodity-based derivative contracts

$

$

3,898

$

$

3,898

Liabilities

Liabilities from commodity-based derivative contracts

$

$

65,466

$

$

65,466

Schedule of changes in fair value of the change of control call option The following table sets forth a reconciliation of the changes in fair value of the Change of Control Call Option classified as Level 3 in the fair value hierarchy (in thousands):

Change of Control

Call Option

Balance at December 31, 2021

$

4,003

Change in fair value

(2,595)

Balance at June 30, 2022

$

1,408