Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.23.1
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis The following tables summarize the valuation of those assets and liabilities as of the dates presented:
  As of March 31, 2023
Level 1 Level 2 Level 3 Total
Financial assets:      
Commodity derivative assets – current $ —  $ 23,756  $ —  $ 23,756 
Commodity derivative assets – non-current —  216  —  216 
Total financial assets $ —  $ 23,972  $ —  $ 23,972 
Financial liabilities:      
Commodity derivative liabilities – current $ —  $ 32,286  $ —  $ 32,286 
Commodity derivative liabilities – non-current —  1,320  —  1,320 
Total financial liabilities $ —  $ 33,606  $ —  $ 33,606 
  As of December 31, 2022
Level 1 Level 2 Level 3 Total
Financial assets:      
Commodity derivative assets – current $ —  $ 29,714  $ —  $ 29,714 
Commodity derivative assets – non-current —  316  —  316 
Total financial assets $ —  $ 30,030  $ —  $ 30,030 
Financial liabilities:      
Commodity derivative liabilities – current $ —  $ 67,933  $ —  $ 67,933 
Commodity derivative liabilities – non-current —  3,416  —  3,416 
Total financial liabilities $ —  $ 71,349  $ —  $ 71,349