Schedule of gain (loss) on derivatives |
The following table summarizes components of the Company's loss on derivatives, net by type of derivative instrument for the periods presented: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended June 30, | | Six months ended June 30, | (in thousands) | | 2022 | | 2021 | | 2022 | | 2021 | Commodity | | $ | (66,347) | | | $ | (216,869) | | | $ | (396,071) | | | $ | (370,902) | | Interest rate | | 1 | | | (30) | | | 14 | | | (26) | | Contingent consideration | | 419 | | | (43) | | | 4,314 | | | (379) | | Loss on derivatives, net | | $ | (65,927) | | | $ | (216,942) | | | $ | (391,743) | | | $ | (371,307) | |
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Schedule of open positions and derivatives in place |
The following table summarizes open commodity derivative positions as of June 30, 2022, for commodity derivatives that were entered into through June 30, 2022, for the settlement periods presented: | | | | | | | | | | | | | | | | | | | Remaining Year 2022 | | Year 2023 | | | Oil: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | WTI NYMEX - Swaps: | | | | | | | Volume (Bbl) | | 184,000 | | | — | | | | Weighted-average price ($/Bbl) | | $ | 64.40 | | | $ | — | | | | WTI NYMEX - Collars: | | | | | | | Volume (Bbl) | | 2,815,200 | | | 4,362,000 | | | | Weighted-average floor price ($/Bbl) | | $ | 72.65 | | | $ | 67.93 | | | | Weighted-average ceiling price ($/Bbl) | | $ | 86.54 | | | $ | 82.89 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Brent ICE - Swaps: | | | | | | | Volume (Bbl) | | 2,079,200 | | | — | | | | Weighted-average price ($/Bbl) | | $ | 48.34 | | | $ | — | | | | Brent ICE - Collars: | | | | | | | Volume (Bbl) | | 782,000 | | | — | | | | Weighted-average floor price ($/Bbl) | | $ | 56.65 | | | $ | — | | | | Weighted-average ceiling price ($/Bbl) | | $ | 65.44 | | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | NGL: | | | | | | | | | | | | | | Purity Ethane - Swaps: | | | | | | | Volume (Bbl) | | 772,800 | | | — | | | | Weighted-average price ($/Bbl) | | $ | 11.42 | | | $ | — | | | | Non-TET Propane - Swaps: | | | | | | | Volume (Bbl) | | 588,800 | | | — | | | | Weighted-average price ($/Bbl) | | $ | 35.91 | | | $ | — | | | | Non-TET Normal Butane - Swaps: | | | | | | | Volume (Bbl) | | 184,000 | | | — | | | | Weighted-average price ($/Bbl) | | $ | 41.58 | | | $ | — | | | | Non-TET Isobutane - Swaps: | | | | | | | Volume (Bbl) | | 55,200 | | | — | | | | Weighted-average price ($/Bbl) | | $ | 42.00 | | | $ | — | | | | Non-TET Natural Gasoline - Swaps: | | | | | | | Volume (Bbl) | | 184,000 | | | — | | | | Weighted-average price ($/Bbl) | | $ | 60.65 | | | $ | — | | | | | | | | | | | Natural gas: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Henry Hub NYMEX - Swaps: | | | | | | | Volume (MMBtu) | | 1,840,000 | | | — | | | | Weighted-average price ($/MMBtu) | | $ | 2.73 | | | $ | — | | | | Henry Hub NYMEX - Collars: | | | | | | | Volume (MMBtu) | | 14,720,000 | | | 18,250,000 | | | | Weighted-average floor price ($/MMBtu) | | $ | 3.09 | | | $ | 3.90 | | | | Weighted-average ceiling price ($/MMBtu) | | $ | 3.84 | | | $ | 8.31 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Waha Inside FERC to Henry Hub NYMEX - Basis Swaps: | | | | | | | Volume (MMBtu) | | 14,628,000 | | | 18,250,000 | | | | Weighted-average differential ($/MMBtu) | | $ | (0.36) | | | $ | (1.58) | | | |
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