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Price-Risk Management Price-Risk Management (Tables)
12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
The following tables summarizes the weighted average prices as well as future production volumes for our unsettled derivative contracts in place as of December 31, 2017.

Oil Derivative Swaps
(NYMEX WTI Settlements)
Total Volumes (Bbls)
 
Weighted Average Price
2018 Contracts
 
 
 
1Q18
151,000

 
$
52.80

2Q18
140,400

 
$
52.57

3Q18
130,400

 
$
52.40

4Q18
122,800

 
$
52.23

 
 
 
 
2019 Contracts
 
 
 
1Q19
97,200

 
$
52.40

2Q19
92,700

 
$
52.32

3Q19
88,500

 
$
52.39

4Q19
84,500

 
$
52.30

 
 
 
 
2020 Contracts
 
 
 
1Q20
51,000

 
$
51.49

2Q20
49,250

 
$
51.46

3Q20
47,500

 
$
51.42

4Q20
46,500

 
$
51.40


Natural Gas Derivative Swaps
(NYMEX Henry Hub Settlements)
Total Volumes (MMBtu)
 
Weighted Average Price
 
 
 
 
2018 Contracts
 
 
 
1Q18
5,238,000

 
$
3.42

2Q18
8,245,000

 
$
2.86

3Q18
8,014,000

 
$
2.88

4Q18
7,976,000

 
$
2.96

 
 
 
 
2019 Contracts
 
 
 
1Q19
6,016,000

 
$
3.07

2Q19
6,060,000

 
$
2.83

3Q19
5,550,000

 
$
2.84

4Q19
5,966,000

 
$
2.84

 
 
 
 
2020 Contracts
 
 
 
1Q20
5,370,000

 
$
2.83

2Q20
1,170,000

 
$
2.86

3Q20
1,170,000

 
$
2.86

4Q20
1,170,000

 
$
2.86


NGL Derivative Swaps
(OPIS Settlements)
Total Volumes (Bbls)
 
Weighted Average Price
2018 Contracts
 
 
 
1Q18
126,000

 
$
24.78

2Q18
118,200

 
$
24.78

3Q18
112,200

 
$
24.78

4Q18
148,200

 
$
24.78


Natural Gas Basis Derivative Swaps
(East Texas Houston Ship Channel Settlements)
Total Volumes (MMBtu)
 
Weighted Average Price
2018 Contracts
 
 
 
1Q18
5,105,000

 
$
(0.11
)
2Q18
6,795,000

 
$
(0.04
)
3Q18
3,020,000

 
$
(0.03
)
4Q18
2,730,000

 
$
(0.09
)
 
 
 
 
2019 Contracts
 
 
 
1Q19
750,000

 
$
(0.11
)

Oil Basis Derivative Swaps
(NYMEX WTI and Argus Settlements)
Total Volumes (Bbls)
 
Weighted Average Price
2018 Contracts
 
 
 
1Q18
20,000

 
$
4.06

2Q18
30,000

 
$
4.06

3Q18
30,000

 
$
4.06

4Q18
30,000

 
$
4.06