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Subsequent Events (Tables)
6 Months Ended
Jun. 30, 2019
Crude Oil  
Derivative [Line Items]  
Schedule of Derivative Instruments
As of June 30, 2019, the Company had the following outstanding commodity derivative instruments at weighted average contract volumes and prices:
Commodity
 
Period
 
Type of Contract
 
Index
 
Volumes
(Bbls
per day)
 
Fixed Price
($ per
Bbl)
 
Sub-Floor Price
($ per
Bbl)
 
Floor Price
($ per
Bbl)
 
Ceiling Price
($ per
Bbl)
 
Fixed Price
Differential
($ per
Bbl)
Crude oil
 
3Q19
 
Price Swaps
 
NYMEX WTI
 
5,000

 

$64.80

 

 

 

 

Crude oil
 
3Q19
 
Three-Way Collars
 
NYMEX WTI
 
27,000

 

 

$41.67

 

$50.96

 

$74.23

 

Crude oil
 
3Q19
 
Basis Swaps
 
LLS-WTI Cushing
 
6,000

 

 

 

 

 

$5.16

Crude oil
 
3Q19
 
Basis Swaps
 
WTI Midland-WTI Cushing
 
9,100

 

 

 

 

 

($4.44
)
Crude oil
 
3Q19
 
Sold Call Options
 
NYMEX WTI
 
3,875

 

 

 

 

$81.07

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Crude oil
 
4Q19
 
Price Swaps
 
NYMEX WTI
 
5,000

 

$64.80

 

 

 

 

Crude oil
 
4Q19
 
Three-Way Collars
 
NYMEX WTI
 
27,000

 

 

$41.67

 

$50.96

 

$74.23

 

Crude oil
 
4Q19
 
Basis Swaps
 
WTI Midland-WTI Cushing
 
9,200

 

 

 

 

 

($4.64
)
Crude oil
 
4Q19
 
Sold Call Options
 
NYMEX WTI
 
3,875

 

 

 

 

$81.07

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Crude oil
 
2020
 
Price Swaps
 
NYMEX WTI
 
3,000

 

$55.06

 

 

 

 

Crude oil
 
2020
 
Three-Way Collars
 
NYMEX WTI
 
12,000

 

 

$45.63

 

$55.63

 

$66.04

 

Crude oil
 
2020
 
Basis Swaps
 
WTI Midland-WTI Cushing
 
10,658

 

 

 

 

 

($1.68
)
Crude oil
 
2020
 
Sold Call Options
 
NYMEX WTI
 
4,575

 

 

 

 

$75.98

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Crude oil
 
2021
 
Basis Swaps
 
WTI Midland-WTI Cushing
 
8,000

 

 

 

 

 

$0.18


Natural Gas  
Derivative [Line Items]  
Schedule of Derivative Instruments
Commodity
 
Period
 
Type of Contract
 
Index
 
Volumes
(MMBtu
per day)
 
Fixed Price
($ per
MMBtu)
 
Sub-Floor Price
($ per
MMBtu)
 
Floor Price
($ per
MMBtu)
 
Ceiling Price
($ per
MMBtu)
 
Fixed Price
Differential
($ per
MMBtu)
Natural gas
 
3Q19
 
Basis Swaps
 
Waha-NYMEX Henry Hub
 
42,500

 

 

 

 

 

($1.49
)
Natural gas
 
3Q19
 
Sold Call Options
 
NYMEX Henry Hub
 
33,000

 
 
 

 

 

$3.25

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas
 
4Q19
 
Basis Swaps
 
Waha-NYMEX Henry Hub
 
42,500

 

 

 

 

 

($1.30
)
Natural gas
 
4Q19
 
Sold Call Options
 
NYMEX Henry Hub
 
33,000

 
 
 

 

 

$3.25

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Natural gas
 
2020
 
Basis Swaps
 
Waha-NYMEX Henry Hub
 
29,541

 

 

 

 

 

($0.77
)
Natural gas
 
2020
 
Sold Call Options
 
NYMEX Henry Hub
 
33,000

 
 
 

 

 

$3.50