XML 28 R28.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements (Narrative) (Details) (USD $)
3 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Hedging collateral deposits $ 13,468,000us-gaap_MarginDepositAssets [1] $ 2,734,000us-gaap_MarginDepositAssets [1]
Assumed 12 month Midway Sunset oil comparison to NYMEX 96.20%nfg_Assumed12MonthBasisDifferentialComparisonToNymex  
Assumed 12 month minimum Midway Sunset oil comparison to NYMEX 88.30%nfg_AssumedTwelveMonthMinimumBasisDifferentialComparisonToNymex  
Assumed 12 month maximum Midway Sunset oil comparison to NYMEX 100.60%nfg_AssumedTwelveMonthMaximumBasisDifferentialComparisonToNymex  
Fair value measured on recurring basis, net (359,461,000)nfg_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisNet [1] (140,790,000)nfg_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisNet [1]
Fair Value, Inputs, Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Hedging collateral deposits 0us-gaap_MarginDepositAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
0us-gaap_MarginDepositAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Fair value measured on recurring basis, net (5,337,000)nfg_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
(1,368,000)nfg_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Fair Value, Inputs, Level 1 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Hedging collateral deposits 13,468,000us-gaap_MarginDepositAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
2,734,000us-gaap_MarginDepositAssets
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Fair value measured on recurring basis, net (66,900,000)nfg_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
(68,994,000)nfg_FairValueAssetsLiabilitiesMeasuredOnRecurringBasisNet
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Fair Value, Inputs, Level 1 [Member] | NYMEX Futures [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Hedging collateral deposits 13,500,000us-gaap_MarginDepositAssets
/ us-gaap_DerivativeByNatureAxis
= nfg_NYMEXFuturesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
2,700,000us-gaap_MarginDepositAssets
/ us-gaap_DerivativeByNatureAxis
= nfg_NYMEXFuturesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Higher [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Midway Sunset oil comparison to NYMEX Sensitivity percentage points 10.00%nfg_DerivativeBasisDifferentialOnNymexSensitivity
/ us-gaap_RangeAxis
= nfg_HigherMember
 
Higher [Member] | Fair Value, Inputs, Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value of crude oil price swap sensitivity (800,000)nfg_FairValueOfCrudeOilPriceSwapSensitivity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= nfg_HigherMember
 
Lower [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Midway Sunset oil comparison to NYMEX Sensitivity percentage points 10.00%nfg_DerivativeBasisDifferentialOnNymexSensitivity
/ us-gaap_RangeAxis
= nfg_LowerMember
 
Lower [Member] | Fair Value, Inputs, Level 3 [Member]    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value of crude oil price swap sensitivity $ 800,000nfg_FairValueOfCrudeOilPriceSwapSensitivity
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_RangeAxis
= nfg_LowerMember
 
[1] Netting Adjustments represent the impact of legally-enforceable master netting arrangements that allow the Company to net gain and loss positions held with the same counterparties. The net asset or net liability for each counterparty is recorded as an asset or liability on the Company’s balance sheet.