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Derivative Instruments (Tables)
9 Months Ended
Sep. 30, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Gains or Losses Recognized Within Statements of Operations for Derivative Instruments Previously Designated as Cash Flow Hedges

The following table summarizes the gains or losses recognized within the statements of operations for derivative instruments previously designated as cash flow hedges for the periods indicated:

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

(Loss) gain reclassified from accumulated other comprehensive income into natural gas and oil revenues

$

(1,600

)

 

$

(100

)

 

$

2,800

 

 

$

6,700

 

Gain subsequent to December 31, 2014 recognized in gain on mark-to-market derivatives

$

6,100

 

 

$

-

 

 

$

6,300

 

 

$

-

 

 

Commodity Derivatives

 


At September 30, 2015, the Partnership had the following commodity derivatives:

Natural Gas Put Options

 

Production
Period Ending
December 31,

  

Volumes

  

Average
Fixed Price

  

Fair Value
Asset (2)

 

 

  

(MMBtu) (1)

  

 

(per MMBtu)(1)

  

 

 

 

2015

  

2,100

  

$

4.00

  

$

2,900

 

2016

  

8,200

  

 

4.15

  

 

11,100

 

 

  

  

  

 

Total net assets

  

$

14,000

 

 

(1)

“MMBtu” represents million British Thermal Units.

(2)

Fair value based on forward NYMEX natural gas prices, as applicable.