Price-Risk Management Price-Risk Management (Tables)

12 Months Ended

Dec. 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 December 31, 2022.

Oil Derivative Swaps (New York Mercantile Exchange (“NYMEX”) WTI Settlements)	Total Volumes (Bbls)	Weighted Average Price		Weighted Average Collar Sub Floor Price		Weighted Average Collar Floor Price		Weighted Average Collar Call Price
Swap Contracts
2023 Contracts
1Q23	532,175	$	81.52
2Q23	494,575	$	80.75
3Q23	533,980	$	77.36
4Q23	569,300	$	78.26
2024 Contracts
1Q24	227,500	$	80.78
2Q24	249,500	$	80.47
3Q24	229,000	$	78.90
4Q24	217,000	$	77.76
Collar Contracts
2023 Contracts
1Q23	171,707					$	47.37	$	66.00
2Q23	167,949					$	53.91	$	64.89
3Q23	72,847					$	59.27	$	66.26
4Q23	72,242					$	58.54	$	65.13
2024 Contracts
1Q24	137,700					$	51.61	$	65.86
2Q24	33,000					$	45.00	$	60.72
3-Way Collar Contracts
2023 Contracts
1Q23	14,470			$	44.24	$	55.14	$	64.55
2Q23	13,260			$	44.19	$	55.04	$	64.53
3Q23	9,570			$	43.08	$	53.41	$	63.33
4Q23	8,970			$	43.08	$	53.38	$	63.35
2024 Contracts
1Q24	8,247			$	45.00	$	57.50	$	67.85
2Q24	7,757			$	45.00	$	57.50	$	67.85

Natural Gas Derivative Swaps (NYMEX Henry Hub Settlements)	Total Volumes (MMBtu)	Weighted Average Price		Weighted Average Collar Sub Floor Price		Weighted Average Collar Floor Price		Weighted Average Collar Call Price
Swap Contracts
2023 Contracts
1Q23	981,000	$	6.74
2Q23	3,816,000	$	4.55
3Q23	4,816,000	$	4.57
4Q23	3,887,000	$	4.71
2024 Contracts
1Q24	2,711,000	$	5.15
2Q24	7,800,000	$	3.95
3Q24	7,820,000	$	4.03
4Q24	7,820,000	$	4.35
2025 Contracts
1Q25	900,000	$	5.01
2Q25	910,000	$	4.12
3Q25	920,000	$	4.27
4Q25	920,000	$	4.70
Collar Contracts
2023 Contracts
1Q23	13,967,900					$	3.86	$	5.50
2Q23	12,141,250					$	3.28	$	4.05
3Q23	11,896,400					$	3.43	$	4.23
4Q23	12,445,000					$	3.87	$	4.80
2024 Contracts
1Q24	7,841,000					$	4.10	$	6.19
2Q24	2,823,000					$	4.05	$	4.91
3Q24	2,958,000					$	4.00	$	5.10
4Q24	2,945,000					$	4.24	$	5.63
3-Way Collar Contracts
2023 Contracts
1Q23	347,800			$	2.06	$	2.56	$	3.03
2Q23	310,400			$	2.04	$	2.54	$	3.01
3Q23	233,100			$	2.00	$	2.50	$	2.95
4Q23	219,200			$	2.00	$	2.50	$	2.94
2024 Contracts
1Q24	198,000			$	2.00	$	2.50	$	3.37
2Q24	188,000			$	2.00	$	2.50	$	3.37

Natural Gas Basis Derivative Swaps (East Texas Houston Ship Channel vs. NYMEX Settlements)	Total Volumes (MMBtu)	Weighted Average Price
2023 Contracts
1Q23	12,600,000	$	0.05
2Q23	12,740,000	$	(0.23)
3Q23	12,880,000	$	(0.20)
4Q23	12,880,000	$	(0.22)
2024 Contracts
1Q24	6,370,000	$	0.03
2Q24	6,370,000	$	(0.31)
3Q24	6,440,000	$	(0.27)
4Q24	6,440,000	$	(0.24)
Houston Ship Channel Fixed Price Contracts
2023 Contracts
1Q23	180,000	$	2.64
2Q23	60,000	$	2.64

NGL Swaps (Mont Belvieu)	Total Volumes (Bbls)	Weighted-Average Price
2023 Contracts
1Q23	337,500	$	33.12
2Q23	341,250	$	33.12
3Q23	345,000	$	32.87
4Q23	345,000	$	32.87
2024 Contracts
1Q24	127,400	$	29.39
2Q24	127,400	$	29.39
3Q24	128,800	$	29.39
4Q24	128,800	$	29.39