Callon Petroleum Company Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Description of Business and Basis of Presentation (Policies)
Notes Tables
Notes Details

Fair Value Measurements (Fair Value of Assets and Liabilities Measured on Recurring Basis) (Details)

v3.21.1

Fair Value Measurements (Fair Value of Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Feb. 28, 2021	Dec. 31, 2020
September 2020 Warrants
Liabilities
September 2020 Warrants		$ (134,800)
Level 1 \| Warrants
Liabilities
September 2020 Warrants			$ 0
Level 2 \| Warrants
Liabilities
September 2020 Warrants			0
Level 3 \| Warrants
Liabilities
September 2020 Warrants	$ 0		(79,428)
Recurring Basis
Liabilities
Financial guarantee contracts, deferred premium	15,000		11,200
Recurring Basis \| Level 1
Assets
Commodity derivative instruments	0		0
Contingent consideration arrangements	0		0
Liabilities
Commodity derivative instruments	0		0
Contingent consideration arrangements	0		0
Total net assets (liabilities)	0		0
Recurring Basis \| Level 2
Assets
Commodity derivative instruments	560		921
Contingent consideration arrangements	5,375		1,816
Liabilities
Commodity derivative instruments	(207,933)		(97,060)
Contingent consideration arrangements	(17,913)		(8,618)
Total net assets (liabilities)	(219,911)		(102,941)
Recurring Basis \| Level 3
Assets
Commodity derivative instruments	0		0
Contingent consideration arrangements	0		0
Liabilities
Commodity derivative instruments	0		0
Contingent consideration arrangements	0		0
Total net assets (liabilities)	$ 0		$ (79,428)

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