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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2020
Realized and Unrealized Gains and Losses on Derivative Instruments
Cash receipts in the following table reflect the gain on derivative contracts which matured during the applicable period, calculated as the difference between the contract price and the market settlement price of matured contracts. The Company's 2019 natural gas derivatives were settled based upon reported NYMEX Henry Hub settlement prices. Non-cash losses below represent the change in fair value of derivative instruments which continued to be 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.
 
 
Three months ended March 31,
In thousands
 
2020
 
2019
Cash received on derivatives:
 
 
 
 
Natural gas fixed price swaps
 
$

 
$
7,645

Natural gas collars
 

 
5,417

Cash received on derivatives, net
 

 
13,062

Non-cash loss on derivatives:
 
 
 
 
Natural gas fixed price swaps
 

 
(8,704
)
Natural gas collars
 

 
(5,482
)
Non-cash loss on derivatives, net
 

 
(14,186
)
Loss on natural gas derivatives, net
 
$

 
$
(1,124
)