Note 5 - Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Derivative Instruments, Gain (Loss) [Table Text Block]

	Three Months Ended September 30,						Nine Months Ended September 30,
	2023			2022			2023			2022
Noncash gain (loss) on derivative instruments, net	$	(15,883	)	$	38,098		$	(9,866	)	$	21,656
Cash paid on settlement of derivative instruments, net		(13,772	)		(2,300	)		(21,032	)		(64,143	)
Gain (loss) on derivative instruments, net	$	(29,655	)	$	35,798		$	(30,898	)	$	(42,487	)

Schedule of Price Risk Derivatives [Table Text Block]

						Swaps		Deferred Premium Collars & Deferred Premium Puts
Settlement Month	Settlement Year	Type of Contract	Bbls Per Day		Index	Price		Floor or Strike Price		Ceiling Price		Deferred Premium Payable
Crude Oil:
Oct - Dec	2023	Swap		11,300	WTI	$	77.84	$	—	$	—	$	—
Oct - Dec	2023	Collar		5,000	WTI	$	—	$	75.50	$	100.00	$	0.35
Oct - Dec	2023	Put		19,000	WTI	$	—	$	69.46	$	—	$	5.00
Jan - Mar	2024	Swap		4,000	WTI	$	84.00	$	—	$	—	$	—
Jan - Mar	2024	Collar		6,000	WTI	$	—	$	80.00	$	100.00	$	3.50
Jan - Mar	2024	Put		20,000	WTI	$	—	$	66.44	$	—	$	5.00
Apr - Jun	2024	Swap		4,000	WTI	$	84.00	$	—	$	—	$	—
Apr - Jun	2024	Collar		5,500	WTI	$	—	$	69.73	$	95.00	$	0.61
Apr - Jun	2024	Put		14,000	WTI	$	—	$	60.41	$	—	$	5.00
Jul - Sep	2024	Swap		4,000	WTI	$	84.00	$	—	$	—	$	—
Jul - Sep	2024	Collar		1,500	WTI	$	—	$	69.00	$	95.00	$	0.85
Jul - Sep	2024	Put		14,000	WTI	$	—	$	60.41	$	—	$	5.00
Oct - Dec	2024	Swap		5,500	WTI	$	76.37	$	—	$	—	$	—
Oct - Dec	2024	Collar		10,600	WTI	$	—	$	65.68	$	90.32	$	1.85
Oct - Dec	2024	Put		2,000	WTI	$	—	$	58.00	$	—	$	5.00
Jan - Mar	2025	Swap		5,500	WTI	$	76.37	$	—	$	—	$	—
Jan - Mar	2025	Collar		8,000	WTI	$	—	$	65.00	$	90.00	$	2.12
Jan - Mar	2025	Put		2,000	WTI	$	—	$	58.00	$	—	$	5.00
Apr - Jun	2025	Swap		5,500	WTI	$	76.37	$	—	$	—	$	—
Apr - Jun	2025	Collar		7,000	WTI	$	—	$	65.00	$	90.08	$	2.28
Apr - Jun	2025	Put		2,000	WTI	$	—	$	58.00	$	—	$	5.00
Jul - Sep	2025	Swap		3,000	WTI	$	75.85	$	—	$	—	$	—
Jul - Sep	2025	Collar		7,000	WTI	$	—	$	65.00	$	90.08	$	2.28
Jul - Sep	2025	Put		2,000	WTI	$	—	$	58.00	$	—	$	5.00

Schedule of Derivative Assets and Liabilities By Counterparty [Table Text Block]

	As of September 30, 2023
Macquarie Bank Limited	$	(16,697	)
Wells Fargo Bank, National Association		(10,034	)
Mercuria Energy Trading SA		(888	)
Fifth Third Bank, National Association		377
	$	(27,242	)