diff --git a/packages/vscode-graphql-execution/src/extension.ts b/packages/vscode-graphql-execution/src/extension.ts
index 4825f5738a7..51d28c92761 100644
--- a/packages/vscode-graphql-execution/src/extension.ts
+++ b/packages/vscode-graphql-execution/src/extension.ts
@@ -42,30 +42,31 @@ export function activate(context: ExtensionContext) {
   // const settings = workspace.getConfiguration("vscode-graphql-execution")
   // let provider: GraphQLCodeLensProvider;
   const registerCodeLens = () => {
-    context.subscriptions.push(
-      languages.registerCodeLensProvider(
-        [
-          'javascript',
-          'typescript',
-          'javascriptreact',
-          'typescriptreact',
-          'graphql',
-        ],
-        new GraphQLCodeLensProvider(outputChannel),
-      ),
+    const provider = languages.registerCodeLensProvider(
+      [
+        'javascript',
+        'typescript',
+        'javascriptreact',
+        'typescriptreact',
+        'graphql',
+      ],
+      new GraphQLCodeLensProvider(outputChannel),
     );
+    context.subscriptions.push(provider);
+    return provider;
   };
 
   // if (settings.showExecCodelens !== false) {
-  registerCodeLens();
+  const codeLensProvider = registerCodeLens();
+
   // }
 
   let commandContentProvider: GraphQLContentProvider;
 
   const registerContentProvider = () => {
-    return commands.registerCommand(
+    const provider = commands.registerCommand(
       'vscode-graphql-execution.contentProvider',
-      (literal: ExtractedTemplateLiteral) => {
+      async (literal: ExtractedTemplateLiteral) => {
         const uri = Uri.parse('graphql://authority/graphql');
 
         const panel = window.createWebviewPanel(
@@ -81,6 +82,7 @@ export function activate(context: ExtensionContext) {
           literal,
           panel,
         );
+        await commandContentProvider.loadProvider();
         const registration = workspace.registerTextDocumentContentProvider(
           'graphql',
           commandContentProvider,
@@ -89,23 +91,33 @@ export function activate(context: ExtensionContext) {
         panel.webview.html = commandContentProvider.getCurrentHtml();
       },
     );
+    context.subscriptions.push(provider);
+    return provider;
   };
 
-  const provider = registerContentProvider();
-  context.subscriptions.push(provider);
+  const contentProvider = registerContentProvider();
 
   // workspace.onDidChangeConfiguration(async () => {
   //   // const newSettings = workspace.getConfiguration("vscode-graphql-execution")
   //   // if (newSettings.showExecCodeLens !== false) {
-  //     commandContentProvider.dispose()
+  //   provider.dispose();
   //   // }
   // });
+
   workspace.onDidSaveTextDocument(async e => {
     if (
       e.fileName.includes('graphql.config') ||
       e.fileName.includes('graphqlrc')
     ) {
-      await commandContentProvider.loadConfig();
+      if (contentProvider) {
+        await contentProvider.dispose();
+        registerContentProvider();
+      }
+
+      if (codeLensProvider) {
+        await codeLensProvider.dispose();
+        registerCodeLens();
+      }
     }
   });
 }
diff --git a/packages/vscode-graphql-execution/src/helpers/source.ts b/packages/vscode-graphql-execution/src/helpers/source.ts
index cc7d6564d6d..34eaf40bdf3 100644
--- a/packages/vscode-graphql-execution/src/helpers/source.ts
+++ b/packages/vscode-graphql-execution/src/helpers/source.ts
@@ -172,11 +172,36 @@ export class SourceHelper {
       } catch {}
     }
 
+    const regExpInline = new RegExp(
+      '`[\\n\\r\\s]*#graphql+([\\s\\S]+?)`',
+      'mg',
+    );
+
+    let inlineResult: RegExpExecArray | null;
+
+    while ((inlineResult = regExpInline.exec(text)) !== null) {
+      const contents = inlineResult[1];
+
+      // https://regex101.com/r/KFMXFg/2
+      if (contents.match('/${(.+)?}/g')) {
+        // We are ignoring operations with template variables for now
+        continue;
+      }
+      try {
+        processGraphQLString(contents, inlineResult.index + 1);
+
+        // no-op on exception, so that non-parse-able source files
+        // don't break the extension while editing
+      } catch {}
+    }
+
     for (const tag of tags) {
       // https://regex101.com/r/Pd5PaU/2
       const regExpGQL = new RegExp(tag + '\\s*`([\\s\\S]+?)`', 'mg');
+      // https://regex101.com/r/FvG9qc/1
 
       let result: RegExpExecArray | null;
+
       while ((result = regExpGQL.exec(text)) !== null) {
         const contents = result[1];
 
@@ -199,6 +224,7 @@ export class SourceHelper {
       const operations = ast.definitions.filter(
         def => def.kind === 'OperationDefinition',
       );
+
       for (const operation of operations) {
         const op = operation as any;
         const filteredAst = {
diff --git a/packages/vscode-graphql-execution/src/providers/exec-codelens.ts b/packages/vscode-graphql-execution/src/providers/exec-codelens.ts
index d97bbb56881..dd3346b455d 100644
--- a/packages/vscode-graphql-execution/src/providers/exec-codelens.ts
+++ b/packages/vscode-graphql-execution/src/providers/exec-codelens.ts
@@ -6,27 +6,41 @@ import {
   CodeLens,
   Range,
   Position,
-  ProviderResult,
 } from 'vscode';
 
 import { SourceHelper, ExtractedTemplateLiteral } from '../helpers/source';
 import capitalize from 'capitalize';
+import { GraphQLContentProvider } from './exec-content';
 
 export class GraphQLCodeLensProvider implements CodeLensProvider {
   outputChannel: OutputChannel;
   sourceHelper: SourceHelper;
+  contentProvider?: GraphQLContentProvider;
 
   constructor(outputChannel: OutputChannel) {
     this.outputChannel = outputChannel;
     this.sourceHelper = new SourceHelper(this.outputChannel);
   }
 
-  public provideCodeLenses(
+  public async provideCodeLenses(
     document: TextDocument,
     _token: CancellationToken,
     // for some reason, ProviderResult<CodeLens[]> doesn't work here
     // anymore after upgrading types
-  ): ProviderResult<[]> {
+  ): Promise<CodeLens[]> {
+    this.contentProvider = new GraphQLContentProvider(
+      document.uri,
+      this.outputChannel,
+      // @ts-expect-error
+      { uri: document.uri.fsPath },
+    );
+    await this.contentProvider.loadConfig();
+    if (
+      !this.contentProvider.hasConfig ||
+      !(await this.contentProvider.loadEndpoint())
+    ) {
+      return [];
+    }
     const literals: ExtractedTemplateLiteral[] =
       this.sourceHelper.extractAllTemplateLiterals(document, [
         'gql',
@@ -47,6 +61,6 @@ export class GraphQLCodeLensProvider implements CodeLensProvider {
       );
     });
 
-    return results as ProviderResult<[]>;
+    return results;
   }
 }
diff --git a/packages/vscode-graphql-execution/src/providers/exec-content.ts b/packages/vscode-graphql-execution/src/providers/exec-content.ts
index 44015a53787..5d02c857136 100644
--- a/packages/vscode-graphql-execution/src/providers/exec-content.ts
+++ b/packages/vscode-graphql-execution/src/providers/exec-content.ts
@@ -31,7 +31,7 @@ export class GraphQLContentProvider implements TextDocumentContentProvider {
   private outputChannel: OutputChannel;
   private networkHelper: NetworkHelper;
   private sourceHelper: SourceHelper;
-  private panel: WebviewPanel;
+  private panel?: WebviewPanel;
   private rootDir: WorkspaceFolder | undefined;
   private literal: ExtractedTemplateLiteral;
   private _projectConfig: GraphQLProjectConfig | undefined;
@@ -48,7 +48,13 @@ export class GraphQLContentProvider implements TextDocumentContentProvider {
   }
 
   updatePanel() {
-    this.panel.webview.html = this.html;
+    if (this.panel) {
+      this.panel.webview.html = this.html;
+    }
+  }
+
+  public get hasConfig() {
+    return Boolean(this._projectConfig);
   }
 
   async getVariablesFromUser(
@@ -96,7 +102,7 @@ export class GraphQLContentProvider implements TextDocumentContentProvider {
     uri: Uri,
     outputChannel: OutputChannel,
     literal: ExtractedTemplateLiteral,
-    panel: WebviewPanel,
+    panel?: WebviewPanel,
   ) {
     this.uri = uri;
     this.outputChannel = outputChannel;
@@ -106,16 +112,14 @@ export class GraphQLContentProvider implements TextDocumentContentProvider {
       this.sourceHelper,
     );
     this.panel = panel;
+
     this.rootDir = workspace.getWorkspaceFolder(Uri.file(literal.uri));
     this.literal = literal;
-    this.panel.webview.options = {
-      enableScripts: true,
-    };
-
-    // eslint-disable-next-line promise/prefer-await-to-then -- can't use async in constructor
-    this.loadProvider().catch(err => {
-      this.html = err.toString();
-    });
+    if (this.panel) {
+      this.panel.webview.options = {
+        enableScripts: true,
+      };
+    }
   }
 
   validUrlFromSchema(pathOrUrl: string) {
@@ -169,7 +173,6 @@ export class GraphQLContentProvider implements TextDocumentContentProvider {
       }
     }
     const endpointNames = Object.keys(endpoints);
-
     if (endpointNames.length === 0) {
       this.reportError(
         'Error: endpoint data missing from graphql config endpoints extension',
@@ -252,7 +255,6 @@ export class GraphQLContentProvider implements TextDocumentContentProvider {
       this.reportError('Error: this file is outside the workspace.');
       return;
     }
-
     const config = await loadConfig({
       rootDir: rootDir.uri.fsPath,
       throwOnEmpty: false,