Price-Risk Management Price-Risk Management (Tables)

6 Months Ended

Jun. 30, 2023

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, 2023:

Oil Derivative Contracts (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
3Q23	533,980	$	77.36
4Q23	569,300	$	78.26
2024 Contracts
1Q24	227,500	$	80.78
2Q24	254,050	$	80.24
3Q24	273,620	$	76.89
4Q24	256,100	$	75.98
Collar Contracts
2023 Contracts
3Q23	210,847					$	64.55	$	72.82
4Q23	210,242					$	64.09	$	71.97
2024 Contracts
1Q24	228,700					$	56.54	$	68.82
2Q24	124,000					$	58.21	$	69.51
3Q24	92,000					$	62.00	$	71.95
4Q24	92,000					$	61.00	$	71.60
2025 Contracts
1Q25	238,500					$	64.00	$	74.62
2Q25	91,000					$	60.00	$	69.60
3-Way Collar Contracts
2023 Contracts
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 Contracts (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
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
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
2025 Contracts
1Q25	5,130,000					$	4.00	$	5.32
2Q25	910,000					$	3.25	$	4.03
3-Way Collar Contracts
2023 Contracts
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
3Q23	14,720,000	$	(0.21)
4Q23	13,800,000	$	(0.23)
2024 Contracts
1Q24	11,830,000	$	0.01
2Q24	11,830,000	$	(0.32)
3Q24	11,960,000	$	(0.27)
4Q24	11,960,000	$	(0.31)
2025 Contracts
1Q25	1,800,000	$	0.04
2Q25	1,820,000	$	(0.29)
3Q25	1,840,000	$	(0.24)
4Q25	1,840,000	$	(0.29)

NGL Swaps (Mont Belvieu)	Total Volumes (Bbls)	Weighted-Average Price
2023 Contracts
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