Commodity Derivative Contracts (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Commodity derivative contracts not classified as hedging instruments

The following table summarizes our commodity derivative contracts as of December 31, 2020, none of which are classified as hedging instruments in accordance with the FASC Derivatives and Hedging topic:

Months	Index Price	Volume (Barrels per day)	Contract Prices ($/Bbl)
			Range(1)				Weighted Average Price
							Swap		Sold Put		Floor		Ceiling
Oil Contracts:
2021 Fixed-Price Swaps
Jan – Dec	NYMEX	26,000	$	38.68	–	47.69	$	42.54	$	—	$	—	$	—
2021 Collars
Jan – Dec	NYMEX	3,000	$	45.00	–	51.30	$	—	$	—	$	45.00	$	50.95
2022 Fixed-Price Swaps
Jan – June	NYMEX	8,500	$	42.65	–	45.50	$	43.55	$	—	$	—	$	—

(1)Ranges presented for fixed-price swaps represent the lowest and highest fixed prices of all open contracts for the period presented. For collars, ranges represent the lowest floor price and the highest ceiling price for all open contracts for the period presented.