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Commodity Price Risk Management (Tables)
 6 Months Ended
Jun. 30, 2015
Commodity Price Risk Management [Abstract]  
Commodity derivative contracts
Energy One's commodity derivative contracts as of June 30, 2015 are summarized below:


          
      
Quantity
   
Settlement Period
 
Counterparty
 
Basis
 
(Bbls/day)
 
Strike Price
          
Crude Oil Costless Collar
         
05/01/15 - 12/31/15
 
 Wells Fargo
 
 WTI
 
 500
 
Put:
 $45.00
        
Call:
 $58.79
          
Crude Oil Costless Collar
         
01/01/16 - 06/30/16
 
 Wells Fargo
 
 WTI
 
 350
 
Put:
 $57.50
        
Call:
 $66.80
Fair value of derivatives recorded in applicable consolidated balance sheet, by category
The following table details the fair value of the Company's derivative instruments, including the gross amounts and adjustments made to net the derivative instruments for the presentation in the condensed consolidated balance sheet (in thousands):


         
         
    
As of June 30, 2015
    
(In thousands)
Underlying Commodity
 
Location on Balance Sheet
 
Gross amounts of recognized assets and liabilities
 
Gross amounts offset in the condensed consolidated balance sheet
 
Net amounts of assets and liabilities presented in the condensed consolidated balance sheet
         
Crude oil derivative contract
Current assets
 
 $352
 
 $(352)
 
 $--
Crude oil derivative contract
Current liabilities
 $687
 
 $(352)
 
 $335
Schedule of unrealized and realized derivative gain and loss
The following table summarizes the unrealized and realized gains and losses presented in the accompanying statements of operations:


         
  
(In thousands)
  
(In thousands)
 
  
Three months ended June 30,
  
Six months ended June 30,
 
  
2015
  
2014
  
2015
  
2014
 
Realized derivative (loss)
 
$
(25
)
 
$
(374
)
 
$
(139
)
 
$
(532
)
Unrealized derivative (loss)
 
$
(272
)
 
$
(238
)
 
$
(335
)
 
$
(411
)
Total realized and unrealized derivative (loss)
 
$
(297
)
 
$
(612
)
 
$
(474
)
 
$
(943
)