Annual report pursuant to Section 13 and 15(d)

FAIR VALUE (Tables)

v3.20.4
FAIR VALUE (Tables)
12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Financial instruments measured at fair value on recurring basis The following tables set forth by level within the fair value hierarchy the Company’s financial assets and liabilities that were accounted for at fair value on a recurring basis as of December 31, 2020 and 2019.
Fair Value Measurements at
December 31, 2020 Using
(In thousands) Quoted Prices In Active Markets for Identical Assets
(Liabilities)
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
Commodity Derivatives – Current Assets $ —  $ 51,290  $ — 
Commodity Derivatives – Noncurrent Assets $ —  $ 111  $ — 
Commodity Derivatives – Current Liabilities —  (2,504) — 
Commodity Derivatives – Noncurrent Liabilities —  (14,214) — 
Interest Rate Derivatives – Current Liabilities —  (574) — 
Interest Rate Derivatives – Noncurrent Liabilities —  (445) — 
Total $ —  $ 33,664  $ — 
Fair Value Measurements at
December 31, 2019 Using






(In thousands)
Quoted Prices In Active Markets for Identical Assets
(Liabilities)
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
Commodity Derivatives – Current Assets $ —  $ 5,628  $ — 
Commodity Derivatives – Current Liabilities $ —  $ (11,298) $ — 
Commodity Derivatives – Noncurrent Assets —  8,554  — 
Commodity Derivatives – Noncurrent Liabilities —  (8,079) — 
Total $ —  $ (5,195) $ —