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Note 16 - Supplemental Oil and Gas Disclosures (Unaudited) - Oil and Gas Prices (Details)
12 Months Ended
Dec. 31, 2018
$ / bbl
$ / BTU
Dec. 31, 2017
$ / bbl
$ / BTU
Dec. 31, 2016
$ / bbl
$ / BTU
Oil (per Bbl) (1) (in USD per Barrel of Oil) [1] 65.56 51.34 42.74
Gas (per MMbtu) (2) (in USD per British Thermal Unit) | $ / BTU [2] 3.05 2.99 2.5
Oil (per Bbl) (3) (in USD per Barrel of Oil) [3] 56.95 46.83 35.54
Gas (per MMbtu) (4) (in USD per British Thermal Unit) | $ / BTU [4] 1.76 1.79 1.41
NGL's (per Bbl) (5) (in USD per Barrel of Oil) [5] 19.95 13.19 5.17
[1] The quoted oil price for the year ended December 31 of each year, 2016, 2017 and 2018 is the 12-month unweighted average first-day-of-the-month West Texas Intermediate spot price for each month of 2016, 2017 and 2018.
[2] The quoted gas price for the year ended December 31, 2016, 2017 and 2018 is the 12-month unweighted average first-day-of-the-month Henry Hub spot price for each month of 2016, 2017 and 2018.
[3] The oil price is the realized price at the wellhead as of December 31 of each year after the appropriate differentials have been applied.
[4] The gas price is the realized price at the wellhead as of December 31 of each year after the appropriate differentials have been applied.
[5] The NGL price is the realized price as of December 31 of each year after the appropriate differentials have been applied.