Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2017

Commitments And Contingencies Disclosure [Abstract]

Future Minimum Lease Payments Required Under Lease Agreements

The following is a schedule by year, of the future minimum lease payments required under the lease agreements as of December 31, 2017 (in thousands).

2018		637
2019		635
2020		689
2021		684
2022		684
Thereafter		1,368
Total minimum lease payments	$	4,697

Other Commitments

(d) Other Commitments (in thousands)

	Drilling rig commitments⁽ⁱ⁾		Firm transportation⁽ⁱⁱ⁾		Gas processing, gathering, and compression services⁽ⁱⁱⁱ⁾		Total
Year Ending December 31:
2018	$	11,678	$	84,167	$	14,186	$	110,031
2019		—		109,716		15,407		125,123
2020		—		109,976		6,999		116,975
2021		—		105,773		—		105,773
2022		—		102,476		—		102,476
Thereafter		—		885,139		—		885,139
Total	$	11,678	$	1,397,247	$	36,592	$	1,445,517

(i)

Drilling rig commitments -The Company had contracts for the service of two rigs, which one expires in September 2018 and one expires in October 2018 both with the option to extend. The values in the table represent the gross amounts that the Company is committed to pay and does not deduct amounts that other parties are responsible for as a result of cost sharing arrangements with working interest partners. The Company will record in its consolidated financial statements the Company’s proportionate share of costs based on its working interest, as applicable.

(ii)

Firm transportation -The Company has entered into firm transportation agreements with various pipelines in order to facilitate the delivery of production to market. These contracts commit the Company to transport minimum daily natural gas or NGL volumes at a negotiated rate, or pay for any deficiencies at a specified reservation fee rate. The amounts in this table represent the minimum daily volumes at the reservation fee rate. The values in the table represent the gross amounts that the Company is committed to pay and does not deduct amounts that other parties are responsible for as a result of cost sharing arrangements with working interest partners. The Company will record in its consolidated financial statements the Company’s proportionate share of costs based on its working interest.

(iii)

Gas processing, gathering, and compression services -Contractual commitments for gas processing, gathering and compression service agreements represent minimum commitments under long-term gas processing agreements as well as various gas compression agreements. The values in the table represent the gross amounts that the Company is committed to pay and does not deduct amounts that other parties are responsible for as a result of cost sharing arrangements with working interest partners. The Company will record in its consolidated financial statements its proportionate share of costs based on the Company’s working interest. Further, the values in the table do not include any commitments based on our amended agreement with Eureka Midstream contracted subsequent to year-end.