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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Derivative [Line Items]  
Summary of Outstanding Contracts with Respect to Natural Gas
 
 
 
 
 
 
Floors
 
Ceilings
Period and Type of Contract
 
MMBtus
 
Swaps Weighted Average Price
 
Range
 
Weighted average price
 
Range
 
Weighted average price
January 2019 - March 2019
 
 
 
 
 
 
 
 
 
 
 
 
Swaps - Henry Hub
 
4,950,000

 
$
4.70

 
 
 
 
 
 
 
 
April 2019 - December 2019
 
 
 
 
 
 
 
 
 
 
 
 
Swaps - Henry Hub
 
95,425,000

 
$
2.78

 
 
 
 
 
 
 
 
January 2019 - March 2019
 
 
 
 
 
 
 
 
 
 
 
 
Collars - Henry Hub
 
4,950,000

 
 
 
$
4.25

 
$
4.25

 
$5.50 - $5.58
 
$
5.52

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 respective 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 respective 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
 
2018
 
2017
 
2016
Cash received (paid) on derivatives:
 
 
 
 
 
 
Natural gas fixed price swaps
 
$
(36,939
)
 
$
40,095

 
$
88,823

Natural gas collars
 

 
(10,539
)
 

Cash received (paid) on derivatives, net
 
(36,939
)
 
29,556

 
88,823

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

 

 
38

Natural gas fixed price swaps
 
7,527

 
18,960

 
(120,784
)
Natural gas collars
 
5,482

 
43,131

 
(39,936
)
Non-cash gain (loss) on derivatives, net
 
13,009

 
62,091

 
(160,682
)
Gain (loss) on crude oil and natural gas derivatives, net
 
$
(23,930
)
 
$
91,647

 
$
(71,859
)


Balance sheet offsetting of derivative assets and liabilities
The following table presents the gross amounts of recognized natural gas 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
 
2018
 
2017
Commodity derivative assets:
 
 
 
 
Gross amounts of recognized assets
 
$
16,789

 
$
2,603

Gross amounts offset on balance sheet
 
(1,177
)
 

Net amounts of assets on balance sheet
 
15,612

 
2,603

Commodity derivative liabilities:
 
 
 
 
Gross amounts of recognized liabilities
 
(1,177
)
 

Gross amounts offset on balance sheet
 
1,177

 

Net amounts of liabilities on balance sheet
 
$

 
$

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
 
2018
 
2017
Derivative assets
 
$
15,612

 
$
2,603

Noncurrent derivative assets
 

 

Net amounts of assets on balance sheet
 
15,612

 
2,603

Derivative liabilities
 

 

Noncurrent derivative liabilities
 

 

Net amounts of liabilities on balance sheet
 

 

Total derivative assets, net
 
$
15,612

 
$
2,603