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)

v3.21.2

Fair Value Measurements - Fair Value of Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 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	8,300		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	256		921
Contingent consideration arrangements	14,685		1,816
Liabilities
Commodity derivative instruments	(315,802)		(97,060)
Contingent consideration arrangements	(24,104)		(8,618)
Total net assets (liabilities)	(324,965)		(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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