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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2017
Derivative [Line Items]  
Summary of Outstanding Contracts with Respect to Natural Gas
Period and Type of Contract
 
MMBtus
 
Swaps Weighted Average Price
 
January 2018 - March 2018
 
 
 
 
 
Swaps - Henry Hub
 
6,300,000

 
$
3.28

 
Realized and Unrealized Gains and Losses on Derivative Instruments
Cash receipts in the following table reflect gains on diesel fuel derivatives which matured during the period, calculated as the difference between the contract price and the market settlement price of matured contracts. Non-cash gains and losses below represent the change in fair value of diesel fuel derivatives held at period end, if any, and the reversal of previously recognized non-cash gains or losses on derivative contracts that matured during the period.
 
 
Year ended December 31,
In thousands
 
2017
 
2016
Cash received on diesel fuel derivatives
 
$
2,845

 
$
699

Non-cash gain (loss) on diesel fuel derivatives
 
(4,060
)
 
4,060

Gain (loss) on diesel fuel derivatives, net
 
$
(1,215
)
 
$
4,759

 
 
Year ended December 31,
In thousands
 
2017
 
2016
 
2015
Cash received (paid) on derivatives:
 
 
 
 
 
 
Natural gas fixed price swaps
 
$
40,095

 
$
88,823

 
$
39,670

Natural gas collars
 
(10,539
)
 

 
29,883

Cash received on derivatives, net
 
29,556

 
88,823

 
69,553

Non-cash gain (loss) on derivatives:
 
 
 
 
 
 
Crude oil written call options
 

 
38

 
4,715

Natural gas fixed price swaps
 
18,960

 
(120,784
)
 
41,828

Natural gas collars
 
43,131

 
(39,936
)
 
(25,011
)
Non-cash gain (loss) on derivatives, net
 
62,091

 
(160,682
)
 
21,532

Gain (loss) on crude oil and natural gas derivatives, net
 
$
91,647

 
$
(71,859
)
 
$
91,085



Balance sheet offsetting of derivative assets and liabilities
The following table presents the gross amounts of recognized crude oil, natural gas, and diesel fuel derivative assets and liabilities, as applicable, the amounts offset under netting arrangements with counterparties, and the resulting net amounts presented in the consolidated balance sheets for the periods presented, all at fair value.
 
 
December 31,
In thousands
 
2017
 
2016
Commodity derivative assets:
 
 
 
 
Gross amounts of recognized assets
 
$
2,603

 
$
4,061

Gross amounts offset on balance sheet
 

 

Net amounts of assets on balance sheet
 
2,603

 
4,061

Commodity derivative liabilities:
 
 
 
 
Gross amounts of recognized liabilities
 

 
(59,489
)
Gross amounts offset on balance sheet
 

 

Net amounts of liabilities on balance sheet
 
$

 
$
(59,489
)
Schedule Of Derivative Assets Liabilities At Fair Value Net By Balance Sheet Classification Table
The following table reconciles the net amounts disclosed above to the individual financial statement line items in the consolidated balance sheets. 
 
 
December 31,
In thousands
 
2017
 
2016
Derivative assets
 
$
2,603

 
$
4,061

Noncurrent derivative assets
 

 

Net amounts of assets on balance sheet
 
2,603

 
4,061

Derivative liabilities
 

 
(59,489
)
Noncurrent derivative liabilities
 

 

Net amounts of liabilities on balance sheet
 

 
(59,489
)
Total derivative assets (liabilities), net
 
$
2,603

 
$
(55,428
)