Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2014

Effects of Derivative Instruments on Statements of Operations

Effects of Derivative Instruments on statements of operations:

The following table summarizes the gain or loss recognized in the statements of operations for the three months ended March 31, 2014 and 2013:

	Three Months Ended
	March 31,
	2014		2013
Gains from cash flow hedges reclassified from accumulated other comprehensive loss into natural gas and oil revenues	$	66,700	$	58,700

Offsetting Assets

The following table summarizes the gross and net fair values of the Partnership’s affiliate balances on the Partnership’s balance sheets for the periods indicated:

	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Balance Sheets			Net Amount of AssetsPresented in theBalance Sheets
Offsetting Assets
As of March 31, 2014
Accounts receivable monetized gains-affiliate	$	97,100	$	(45,100	)	$	52,000
As of December 31, 2013
Accounts receivable monetized gains-affiliate	$	129,100	$	(45,900	)	$	83,200

Offsetting Liabilities

	Gross Amountsof RecognizedLiabilities			Gross AmountsOffset in theBalance Sheets		Net Amount of LiabilitiesPresented in theBalance Sheets
Offsetting Liabilities
As of March 31, 2014
Put premiums payable-affiliate	$	(45,100	)	$	45,100	$	-
Long-term put premiums payable-affiliate		(80,900	)		-		(80,900	)
Total	$	(126,000	)	$	45,100	$	(80,900	)
As of December 31, 2013
Put premiums payable-affiliate	$	(45,900	)	$	45,900	$	-
Long-term put premiums payable-affiliate		(91,600	)		-		(91,600	)
Total	$	(137,500	)	$	45,900	$	(91,600	)

Natural Gas Put Options

Commodity Derivatives

At March 31, 2014, the Partnership had the following commodity derivatives:

Natural Gas Put Options

Production Period Ending December 31,	Volumes		AverageFixed Price		Fair ValueAsset (2)
	(MMBtu) (1)		(per MMBtu) (1)
2014		59,700	$	3.80	$	3,700
2015		63,700		4.00		19,800
2016		63,700		4.15		27,100
					$	50,600

(1) “MMBtu” represents million British Thermal Units.

(2) Fair value based on forward New York Mercantile Exchange (“NYMEX”) natural gas prices, as applicable.