Price-Risk Management Price-Risk Management (Tables)

12 Months Ended

Dec. 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 December 31, 2020.

Oil Derivative Swaps (NYMEX WTI Settlements)	Total Volumes (Bbls)	Weighted Average Price		Weighted Average Collar Floor Price		Weighted Average Collar Call Price
2021 Contracts
1Q21	143,538	$	51.89
2Q21	195,646	$	51.93
3Q21	179,759	$	51.19
4Q21	163,812	$	52.39
2022 Contracts
1Q22	88,455	$	36.79
3Q22	108,100	$	41.58
Collar Contracts
2021 Contracts
1Q21	155,475			$	34.15	$	39.24
2Q21	116,980			$	34.33	$	40.30
3Q21	90,620			$	34.34	$	39.87
4Q21	84,640			$	34.70	$	41.01
2022 Contracts
1Q22	40,500			$	40.00	$	45.55
2Q22	115,850			$	39.25	$	46.20

Natural Gas Derivative Swaps (NYMEX Henry Hub Settlements)	Total Volumes (MMBtu)	Weighted Average Price		Weighted Average Collar Floor Price		Weighted Average Collar Call Price
2021 Contracts
1Q21	2,398,078	$	2.74
2Q21	832,255	$	2.42
3Q21	330,000	$	2.62
4Q21	290,000	$	2.69
Collar Contracts
2021 Contracts
1Q21	7,027,800			$	2.53	$	3.33
2Q21	5,911,000			$	2.26	$	2.70
3Q21	6,045,175			$	2.15	$	2.70
4Q21	5,311,000			$	2.35	$	2.76
2022 Contracts
1Q22	4,415,000			$	2.50	$	3.35
2Q22	4,200,000			$	2.23	$	2.70
3Q22	3,933,000			$	2.39	$	2.74

Natural Gas Basis Derivative Swaps (East Texas Houston Ship Channel vs. NYMEX Settlements)	Total Volumes (MMBtu)	Weighted Average Price
2021 Contracts
1Q21	9,900,000	$	(0.022)
2Q21	10,010,000	$	(0.022)
3Q21	10,120,000	$	(0.022)
4Q21	10,120,000	$	(0.022)
2022 Contracts
1Q22	1,800,000	$	(0.080)
2Q22	1,820,000	$	(0.080)
3Q22	1,840,000	$	(0.080)
4Q22	1,840,000	$	(0.080)

Oil Basis Derivative Swaps (Argus Cushing (WTI) and Magellan East Houston)	Total Volumes (Bbls)	Weighted Average Price
2021 Contracts
1Q21	373,750	$	1.19
2Q21	329,150	$	1.22
3Q21	262,200	$	1.27
4Q21	241,500	$	1.28
Calendar Monthly Roll Differential Swaps
2021 Contracts
1Q21	367,000	$	(0.40)
2Q21	313,900	$	(0.37)
3Q21	253,000	$	(0.34)
4Q21	241,500	$	(0.33)
2022 Contracts
1Q22	90,000	$	(0.12)
2Q22	91,000	$	(0.12)
3Q22	92,000	$	(0.12)
4Q22	92,000	$	(0.12)