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Price-Risk Management Price-Risk Management (Tables)
 3 Months Ended
Mar. 31, 2020
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 March 31, 2020:

Oil Derivative Swaps
(New York Mercantile Exchange (“NYMEX”) WTI Settlements)
Total Volumes
(Bbls)
 
Weighted-Average Price
2020 Contracts
 
 
 
2Q20
359,126

 
$
53.60

3Q20
293,538

 
$
53.28

4Q20
244,556

 
$
52.76

 
 
 
 
2021 Contracts
 
 
 
1Q21
215,538

 
$
51.93

2Q21
195,646

 
$
51.93

3Q21
179,759

 
$
51.19

4Q21
163,812

 
$
52.39


Natural Gas Derivative Contracts
(NYMEX Henry Hub Settlements)
Total Volumes
(MMBtu)
 
Weighted-Average Price
 
Weighted-Average Collar Floor Price
 
Weighted-Average Collar Call Price
2020 Contracts
 
 
 
 
 
 
 
2Q20
7,430,000

 
$
2.62

 
 
 
 
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
 
 
 
 
 
 
 
2021 Contracts
 
 
 
 
 
 
 
1Q21
5,227,800

 
 
 
$
2.50

 
$
3.40

2Q21
4,546,000

 
 
 
$
2.18

 
$
2.69

3Q21
4,665,175

 
 
 
$
2.02

 
$
2.65

4Q21
4,391,000

 
 
 
$
2.25

 
$
2.71



Natural Gas Basis Derivative Swap
(East Texas Houston Ship Channel vs. NYMEX Settlements)
Total Volumes
(MMBtu)
 
Weighted-Average Price
2020 Contracts
 
 
 
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 Contracts
(Calendar Monthly Roll Differential Swaps)
Total Volumes (Bbls)
 
Weighted-Average Price
2020 Contracts
 
 
 
2Q20
227,500

 
$
0.49

3Q20
230,000

 
$
0.49

4Q20
230,000

 
$
0.49