Price-Risk Management Price-Risk Management (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2020:

Oil Derivative Swaps (New York Mercantile Exchange (“NYMEX”) WTI Settlements)	Total Volumes (Bbls)	Weighted-Average Price		Weighted-Average Collar Floor Price		Weighted-Average Collar Call Price
2020 Contracts
3Q20	354,338	$	50.30
4Q20	353,626	$	47.72
2021 Contracts
1Q21	215,538	$	51.93
2Q21	195,646	$	51.93
3Q21	179,759	$	51.19
4Q21	163,812	$	52.39
Collar Contracts
2020 Contracts
3Q20	62,350			$	30.00	$	35.38
4Q20	115,000			$	31.00	$	36.15
2021 Contracts
1Q21	161,475			$	34.29	$	39.36
2Q21	136,230			$	34.92	$	40.68
3Q21	90,620			$	34.34	$	39.87
4Q21	84,640			$	34.70	$	41.01

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
3Q20	7,575,000	$	2.60
4Q20	7,817,000	$	2.63
2021 Contracts
1Q21	2,398,078	$	2.74
2Q21	832,255	$	2.42
3Q21	640,000	$	2.26
4Q21	290,000	$	2.69
Collar Contracts
2020 Contracts
4Q20	310,000			$	2.60	$	3.06
2021 Contracts
1Q21	7,027,800			$	2.53	$	3.33
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
3Q20	11,868,000	$	(0.07)
4Q20	11,868,000	$	(0.04)
2021 Contracts
1Q21	8,100,000	$	(0.01)
2Q21	8,190,000	$	(0.01)
3Q21	8,280,000	$	(0.01)
4Q21	8,280,000	$	(0.01)

Oil Basis Contracts (Calendar Monthly Roll Differential Swaps)	Total Volumes (Bbls)	Weighted-Average Price
2020 Contracts
3Q20	821,525	$	1.43
4Q20	935,175	$	0.59
2021 Contracts
1Q21	749,750	$	0.41
2Q21	634,050	$	0.43
3Q21	515,200	$	0.48
4Q21	483,000	$	0.47

NGL Contracts	Total Volumes (Bbls)	Weighted-Average Price
2020 Contracts
3Q20	35,119	$	12.50