Price-Risk Management Price-Risk Management (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022:

Oil Derivative Contracts (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
2Q22	136,500	$	56.66
3Q22	276,600	$	53.27
4Q22	276,000	$	63.97
2023 Contracts
1Q23	194,675	$	69.12
2Q23	114,325	$	77.80
3Q23	122,980	$	71.81
4Q23	117,300	$	73.92
Collar Contracts
2022 Contracts
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
2024 Contracts
1Q24	36,400			$	70.00	$	80.15

Natural Gas Derivative Contracts (NYMEX Henry Hub Settlements)	Total Volumes (MMBtu)	Weighted-Average Price		Weighted-Average Collar Floor Price		Weighted-Average Collar Call Price
Swap Contracts
2022 Contracts
2Q22	4,395,000	$	3.20
3Q22	4,452,100	$	3.13
4Q22	2,760,000	$	3.14
Collar Contracts
2022 Contracts
2Q22	6,156,500			$	2.29	$	2.74
3Q22	7,659,000			$	2.81	$	3.23
4Q22	8,685,076			$	2.87	$	3.43
2023 Contracts
1Q23	10,147,000			$	3.21	$	4.21
2Q23	8,315,550			$	2.89	$	3.50
3Q23	7,999,400			$	3.10	$	3.69
4Q23	6,785,000			$	3.37	$	4.11
2024 Contracts
1Q24	3,185,000			$	3.50	$	5.34

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

Oil Basis Swaps (Argus Cushing (WTI) and Magellan East Houston)	Total Volumes (Bbls)	Weighted-Average Price
Calendar Monthly Roll Differential Swaps
2022 Contracts
2Q22	309,400	$	0.55
3Q22	312,800	$	0.62
4Q22	266,800	$	0.19

NGL Swaps (Mont Belvieu)	Total Volumes (Bbls)	Weighted-Average Price
2022 Contracts
2Q22	182,000	$	30.49
3Q22	207,000	$	30.79
4Q22	207,000	$	30.74
2023 Contracts
1Q23	22,500	$	31.77
2Q23	22,750	$	31.77
3Q23	23,000	$	28.04
4Q23	23,000	$	28.04