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Subsequent Events (Tables)
12 Months Ended
Dec. 31, 2023
Subsequent Events [Abstract]  
Summary Of Derivative Instruments Contracts

Derivative contracts in place as of December 31, 2023

Fiscal period

 

Contract total volume

 

Index

 

Contract average price

Natural gas costless collars

 

 

 

 

 

 

2024

 

1,455,000 Mmbtu

 

NYMEX Henry Hub

 

$3.57floor/$5.58ceiling

2025

 

540,000 Mmbtu

 

NYMEX Henry Hub

 

$3.21floor/$5.15ceiling

Natural gas fixed price swaps

 

 

 

 

 

 

2024

 

2,172,500 Mmbtu

 

NYMEX Henry Hub

 

$3.40

2025

 

180,000 Mmbtu

 

NYMEX Henry Hub

 

$4.16

Oil Costless Collars

 

 

 

 

 

 

2024

 

23,450 Bbls

 

NYMEX WTI

 

$64.11floor/$76.28ceiling

Oil fixed price swaps

 

 

 

 

 

 

Remaining 2023

 

5,500 Bbls

 

NYMEX WTI

 

$74.48

2024

 

16,350 Bbls

 

NYMEX WTI

 

$67.69

2025

 

7,800 Bbls

 

NYMEX WTI

 

$66.03

Subsequent to December 31, 2023, the Company entered into new derivative contracts as summarized in the table below:

 

 

Production volume

 

 

 

 

Contract period

 

covered per month

 

Index

 

Contract price

Natural gas costless collars

 

 

 

 

 

 

April - September 2025

 

55,000 Mmbtu

 

NYMEX Henry Hub

 

$3.00floor/$3.75ceiling

November 2025 - March 2026

 

100,000 Mmbtu

 

NYMEX Henry Hub

 

$3.50floor/$4.85ceiling

Natural gas fixed price swaps

 

 

 

 

 

 

January - March 2025

 

50,000 Mmbtu

 

NYMEX Henry Hub

 

$3.51

April - October 2025

 

100,000 Mmbtu

 

NYMEX Henry Hub

 

$3.28

Oil costless collars

 

 

 

 

 

 

June - September 2024

 

500 Bbls

 

NYMEX WTI

 

$70.00floor/$78.10ceiling

October - December 2024

 

500 Bbls

 

NYMEX WTI

 

$67.00floor/$77.00ceiling

Oil fixed price swaps

 

 

 

 

 

 

July - October 2024

 

1,500 Bbls

 

NYMEX WTI

 

$69.50

November - December 2024

 

2,000 Bbls

 

NYMEX WTI

 

$69.50

January - March 2025

 

500 Bbls

 

NYMEX WTI

 

$69.50

January - June 2025

 

2,000 Bbls

 

NYMEX WTI

 

$70.90

April - June 2025

 

750 Bbls

 

NYMEX WTI

 

$69.50

July - September 2025

 

500 Bbls

 

NYMEX WTI

 

$69.50

July - December 2025

 

1,500 Bbls

 

NYMEX WTI

 

$68.90