Price-Risk Management Price-Risk Management (Tables)

12 Months Ended

Dec. 31, 2021

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, 2021.

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
Swap Contracts
2022 Contracts
1Q22	223,455	$	49.32
2Q22	136,500	$	56.66
3Q22	246,100	$	49.63
4Q22	184,000	$	54.84
2023 Contracts
1Q23	82,175	$	55.75
2Q23	575	$	68.40
3Q23	53,980	$	66.55
Collar Contracts
2022 Contracts
1Q22	85,500			$	57.37	$	63.55
2Q22	161,350			$	48.21	$	55.16
3Q22	46,000			$	70.00	$	75.40
4Q22	46,000			$	68.00	$	73.60
2023 Contracts
1Q23	45,000			$	65.00	$	72.80
2Q23	111,475			$	59.27	$	66.32
3Q23	46,000			$	63.00	$	69.10
4Q23	46,000			$	62.00	$	67.55

Natural Gas Derivative Swaps (NYMEX Henry Hub Settlements)	Total Volumes (MMBtu)	Weighted Average Price		Weighted Average Collar Floor Price		Weighted Average Collar Call Price
Swap Contracts
2022 Contracts
1Q22	232,500	$	4.00
2Q22	3,795,000	$	2.99
3Q22	4,142,100	$	3.02
4Q22	2,760,000	$	3.14
Collar Contracts
2022 Contracts
1Q22	9,645,000			$	3.06	$	3.79
2Q22	6,156,500			$	2.29	$	2.74
3Q22	6,739,000			$	2.60	$	2.98
4Q22	7,765,076			$	2.69	$	3.20
2023 Contracts
1Q23	8,347,000			$	2.89	$	3.52
2Q23	4,898,500			$	2.57	$	2.97
3Q23	4,600,000			$	2.88	$	3.28

Natural Gas Basis Derivative Swaps (East Texas Houston Ship Channel vs. NYMEX Settlements)	Total Volumes (MMBtu)	Weighted Average Price
2022 Contracts
1Q22	8,100,000	$	0.093
2Q22	3,640,000	$	(0.051)
3Q22	3,680,000	$	(0.043)
4Q22	3,680,000	$	(0.048)

Oil Basis Derivative Swaps (Argus Cushing (WTI) and Magellan East Houston)	Total Volumes (Bbls)	Weighted Average Price
Calendar Monthly Roll Differential Swaps
2022 Contracts
1Q22	261,000	$	0.19
2Q22	263,900	$	0.19
3Q22	266,800	$	0.19
4Q22	266,800	$	0.19

NGL Swaps (Mont Belvieu)	Total Volumes (Bbls)	Weighted-Average Price
2022 Contracts
1Q22	180,000	$	29.13
2Q22	136,500	$	28.85
3Q22	138,000	$	28.34
4Q22	138,000	$	28.27