Price-Risk Management Price-Risk Management (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The following tables summarize the weighted average prices as well as future production volumes for our future derivative contracts in place as of December 31, 2019.

Oil Derivative Swaps (NYMEX WTI Settlements)	Total Volumes (Bbls)	Weighted Average Price
2020 Contracts
1Q20	361,597	$	56.61
2Q20	452,569	$	56.41
3Q20	500,279	$	55.92
4Q20	421,621	$	54.61
2021 Contracts
1Q21	328,603	$	53.11
2Q21	320,033	$	53.46
3Q21	313,848	$	52.38
4Q21	230,000	$	53.22

Natural Gas Derivative Swaps (NYMEX Henry Hub Settlements)	Total Volumes (MMBtu)	Weighted Average Price		Weighted Average Collar Floor Price		Weighted Average Collar Call Price
2020 Contracts
1Q20	9,920,000	$	2.73
2Q20	7,328,000	$	2.63
3Q20	7,265,000	$	2.63
4Q20	7,042,000	$	2.63
2021 Contracts
1Q21	148,078	$	2.70
2Q21	442,255	$	2.30
Collar Contracts
1Q21	4,354,800			$	2.50	$	3.52
2Q21	3,791,000			$	2.20	$	2.75
3Q21	4,007,175			$	2.00	$	2.70
4Q21	3,726,000			$	2.25	$	2.75

Natural Gas Basis Derivative Swaps (East Texas Houston Ship Channel vs. NYMEX Settlements)	Total Volumes (MMBtu)	Weighted Average Price
2020 Contracts
1Q20	11,739,000	$	(0.03	)
2Q20	11,739,000	$	(0.04	)
3Q20	11,868,000	$	(0.03	)
4Q20	11,868,000	$	(0.04	)
2021 Contracts
1Q21	7,200,000	$	(0.003	)
2Q21	7,280,000	$	(0.003	)
3Q21	7,360,000	$	(0.003	)
4Q21	7,360,000	$	(0.003	)

Oil Basis Derivative Swaps (Argus Cushing (WTI) and LLS Settlements)	Total Volumes (Bbls)	Weighted Average Price
2020 Contracts (Calendar Monthly Roll Differential Swaps)
1Q20	182,000	$	0.49
2Q20	182,000	$	0.49
3Q20	184,000	$	0.49
4Q20	184,000	$	0.49