Subsequent Events (Tables)

9 Months Ended

Sep. 30, 2024

Subsequent Events [Abstract]

Summary Of Derivative Instruments Contracts and Settlements

Derivative Contracts in Place as of September 30, 2024

Calendar Period	Contract total volume	Index	Contract average price
Natural gas costless collars
2024	415,000 Mmbtu	NYMEX Henry Hub	$3.19 floor / $4.84 ceiling
2025	1,440,000 Mmbtu	NYMEX Henry Hub	$3.25 floor / $4.59 ceiling
2026	570,000 Mmbtu	NYMEX Henry Hub	$3.50 floor / $4.82 ceiling
Natural gas fixed price swaps
2024	470,000 Mmbtu	NYMEX Henry Hub	$3.55
2025	2,150,000 Mmbtu	NYMEX Henry Hub	$3.26
2026	150,000 Mmbtu	NYMEX Henry Hub	$3.10
Oil costless collars
2024	5,300 Bbls	NYMEX WTI	$66.04 floor / $76.79 ceiling
Oil fixed price swaps
2024	17,200 Bbls	NYMEX WTI	$68.84
2025	57,800 Bbls	NYMEX WTI	$69.44
2026	12,000 Bbls	NYMEX WTI	$69.53

Derivative Settlements during the Three Months Ended September 30, 2024

	Monthly			Settlement
Contract period (1)	Production volume	Index	Contract price	(paid) received
Natural gas costless collars
July - September 2024	30,000 Mmbtu	NYMEX Henry Hub	$3.00 floor / $3.60 ceiling	$	76,050
Natural gas fixed price swaps
July - September 2024	75,000 Mmbtu	NYMEX Henry Hub	$3.47	$	295,875
July - September 2024	25,000 Mmbtu	NYMEX Henry Hub	$3.47	$	98,625
July - September 2024	50,000 Mmbtu	NYMEX Henry Hub	$3.17	$	152,250
July 2024	127,500 Mmbtu	NYMEX Henry Hub	$3.24	$	78,030
August - September 2024	120,000 Mmbtu	NYMEX Henry Hub	$3.24	$	317,160
Oil costless collars
June - August 2024	500 Bbls	NYMEX WTI	$70.00 floor / $78.10 ceiling	$	(1,490	)
June 2024	1,650 Bbls	NYMEX WTI	$63.00 floor / $76.00 ceiling	$	(4,450	)
June 2024	500 Bbls	NYMEX WTI	$65.00 floor / $76.50 ceiling	$	(1,099	)
July - August 2024	1,650 Bbls	NYMEX WTI	$65.00 floor / $76.50 ceiling	$	(6,569	)
Oil fixed price swaps
June 2024	1,300 Bbls	NYMEX WTI	$70.59	$	(10,540	)
June - August 2024	1,000 Bbls	NYMEX WTI	$66.10	$	(36,313	)
July - August 2024	1,500 Bbls	NYMEX WTI	$69.50	$	(25,373	)
			Total (paid) received	$	932,156

(1) Natural gas derivatives settle at first of the month pricing and oil derivatives settle at a monthly daily average.

Subsequent to September 30, 2024, 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
November 2025 - March 2026	50,000 Mmbtu	NYMEX Henry Hub	$3.50 floor / $3.87 ceiling
April 2026 - June 2026	75,000 Mmbtu	NYMEX Henry Hub	$3.00 floor / $3.60 ceiling
July 2026 - September 2026	100,000 Mmbtu	NYMEX Henry Hub	$3.00 floor / $3.60 ceiling
Oil fixed price swaps
April 2026 - June 2026	1,000 Bbls	NYMEX WTI	$65.80