Gulfport Energy Corporation 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
- BASIS OF PRESENTATION (Policies)
Notes Tables
Notes Details

LONG-TERM DEBT - Narrative (Details)

v3.22.1

LONG-TERM DEBT - Narrative (Details) - USD ($)		3 Months Ended
LONG-TERM DEBT - Narrative (Details) - USD ($)	Oct. 14, 2021	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	May 17, 2021
Oil and Gas Properties
Debt Instrument [Line Items]
Interest capitalized			$ 0
Senior Notes \| Carrying Value
Debt Instrument [Line Items]
Carrying value of notes		$ 549,000,000
Senior Notes \| Fair Value \| Level 1
Debt Instrument [Line Items]
Carrying value of notes		570,100,000
8.000% senior unsecured notes due 2026
Debt Instrument [Line Items]
Long-term debt		$ 550,000,000		$ 550,000,000
8.000% senior unsecured notes due 2026 \| Senior Notes \| Fresh Start Adjustments
Debt Instrument [Line Items]
Debt instrument, amount					$ 550,000,000
Stated interest rate					8.00%
Revolving Credit Facility \| Credit Facility
Debt Instrument [Line Items]
Aggregate maximum principal amount	$ 1,500,000,000
Initial borrowing base amount	850,000,000
Line of credit facility, commitment fee amount	$ 700,000,000
Unused capacity, commitment fee percentage		0.50%
Weight average interest rate		3.21%
Debt instrument net funded leverage ratio		325.00%
Debt instrument current ratio	100.00%	100.00%
Revolving Credit Facility \| Credit Facility \| Minimum \| LIBOR
Debt Instrument [Line Items]
Variable interest rate		2.75%
Revolving Credit Facility \| Credit Facility \| Minimum \| Base Rate
Debt Instrument [Line Items]
Variable interest rate		1.75%
Revolving Credit Facility \| Credit Facility \| Maximum \| LIBOR
Debt Instrument [Line Items]
Variable interest rate		3.75%
Revolving Credit Facility \| Credit Facility \| Maximum \| Base Rate
Debt Instrument [Line Items]
Variable interest rate		2.75%
Revolving Credit Agreement \| Credit Facility
Debt Instrument [Line Items]
Long-term debt		$ 25,000,000		$ 164,000,000
Letters of credit outstanding, amount		$ 113,200,000
Letter of Credit \| Credit Facility
Debt Instrument [Line Items]
Aggregate maximum principal amount	$ 175,000,000

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