DERIVATIVE AND HEDGING ACTIVITIES - (Details) - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Derivative and hedging activities
Asset derivative contracts	$ 18,471	$ 11,021
Liability derivative contracts	(6,615)	(19,284)
Derivatives not designated as hedging contracts
Derivative and hedging activities
Asset derivative contracts	18,471	11,021
Liability derivative contracts	(6,615)	(19,284)
Derivatives not designated as hedging contracts \| Commodity contracts \| Current assets - receivables from derivative contracts
Derivative and hedging activities
Asset derivative contracts	15,077	6,969
Derivatives not designated as hedging contracts \| Commodity contracts \| Other noncurrent assets - receivables from derivative contracts
Derivative and hedging activities
Asset derivative contracts	3,394	4,052
Derivatives not designated as hedging contracts \| Commodity contracts \| Current liabilities - liabilities from derivative contracts
Derivative and hedging activities
Liability derivative contracts	(1,863)	(12,330)
Derivatives not designated as hedging contracts \| Commodity contracts \| Other noncurrent liabilities - liabilities from derivative contracts
Derivative and hedging activities
Liability derivative contracts	$ (4,752)	$ (6,954)

Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement.

- Definition

Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement.

+ References + Details

BATTALION OIL CORP 10-Q