Price-Risk Management Price-Risk Management (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The following tables summarize the weighted-average prices as well as future production volumes for our future derivative contracts in place as of September 30, 2022:

Oil Derivative Contracts (NYMEX WTI Settlements)	Total Volumes (Bbls)	Weighted-Average Price		Weighted-Average Collar Sub Floor Price		Weighted-Average Collar Floor Price		Weighted-Average Collar Call Price
Swap Contracts
2022 Contracts
4Q22	559,876	$	74.00
2023 Contracts
1Q23	532,175	$	81.52
2Q23	494,575	$	80.75
3Q23	533,980	$	77.36
4Q23	569,300	$	78.26
2024 Contracts
1Q24	227,500	$	80.78
2Q24	249,500	$	80.47
3Q24	229,000	$	78.90
4Q24	217,000	$	77.76
Collar Contracts
2022 Contracts
4Q22	201,304					$	70.58	$	85.50
2023 Contracts
1Q23	171,707					$	47.37	$	66.00
2Q23	167,949					$	53.91	$	64.89
3Q23	72,847					$	59.27	$	66.26
4Q23	72,242					$	58.54	$	65.13
2024 Contracts
1Q24	137,700					$	51.61	$	65.86
2Q24	33,000					$	45.00	$	60.72
3-Way Collar Contracts
2022 Contracts
4Q22	13,280			$	42.21	$	52.94	$	62.14
2023 Contracts
1Q23	14,470			$	44.24	$	55.14	$	64.55
2Q23	13,260			$	44.19	$	55.04	$	64.53
3Q23	9,570			$	43.08	$	53.41	$	63.33
4Q23	8,970			$	43.08	$	53.38	$	63.35
2024 Contracts
1Q24	8,247			$	45.00	$	57.50	$	67.85
2Q24	7,757			$	45.00	$	57.50	$	67.85

Natural Gas Derivative Contracts (NYMEX Henry Hub Settlements)	Total Volumes (MMBtu)	Weighted-Average Price		Weighted-Average Collar Sub Floor Price		Weighted-Average Collar Floor Price		Weighted-Average Collar Call Price
Swap Contracts
2022 Contracts
4Q22	4,267,284	$	2.64
2023 Contracts
1Q23	981,000	$	6.74
2Q23	3,816,000	$	4.55
3Q23	4,816,000	$	4.57
4Q23	3,887,000	$	4.71
2024 Contracts
1Q24	891,000	$	4.50
2Q24	5,525,000	$	3.89
3Q24	5,060,000	$	3.94
4Q24	5,060,000	$	4.21
Collar Contracts
2022 Contracts
4Q22	10,972,376					$	3.42	$	4.16
2023 Contracts
1Q23	13,067,900					$	3.79	$	5.36
2Q23	11,231,250					$	3.22	$	3.96
3Q23	10,976,400					$	3.39	$	4.12
4Q23	11,525,000					$	3.82	$	4.70
2024 Contracts
1Q24	6,931,000					$	4.02	$	6.19
2Q24	1,913,000					$	4.20	$	5.13
3Q24	2,038,000					$	4.12	$	5.28
4Q24	2,025,000					$	4.35	$	5.73
3-Way Collar Contracts
2023 Contracts
1Q23	347,800			$	2.06	$	2.56	$	3.03
2Q23	310,400			$	2.04	$	2.54	$	3.01
3Q23	233,100			$	2.00	$	2.50	$	2.95
4Q23	219,200			$	2.00	$	2.50	$	2.94
2024 Contracts
1Q24	198,000			$	2.00	$	2.50	$	3.37
2Q24	188,000			$	2.00	$	2.50	$	3.37

Natural Gas Basis Derivative Swaps (East Texas Houston Ship Channel vs. NYMEX Settlements)	Total Volumes (MMBtu)	Weighted-Average Price
2022 Contracts
4Q22	6,140,000	$	(0.07)
2023 Contracts
1Q23	8,100,000	$	0.07
2Q23	8,190,000	$	(0.22)
3Q23	8,280,000	$	(0.19)
4Q23	8,280,000	$	(0.18)
2024 Contracts
1Q24	5,460,000	$	0.12
2Q24	5,460,000	$	(0.27)
3Q24	5,520,000	$	(0.23)
4Q24	5,520,000	$	(0.19)
Houston Ship Channel Fixed Price Contracts
2022 Contracts
4Q22	132,000	$	1.80
2023 Contracts
1Q23	180,000	$	2.64
2Q23	60,000	$	2.64

Oil Basis Swaps (Argus Cushing (WTI) and Magellan East Houston)	Total Volumes (Bbls)	Weighted-Average Price
Calendar Monthly Roll Differential Swaps
2022 Contracts
4Q22	266,800	$	0.12

NGL Swaps (Mont Belvieu)	Total Volumes (Bbls)	Weighted-Average Price
2022 Contracts
4Q22	345,000	$	35.00
2023 Contracts
1Q23	292,500	$	34.04
2Q23	295,750	$	34.04
3Q23	299,000	$	33.75
4Q23	299,000	$	33.75
2024 Contracts
1Q24	127,400	$	29.39
2Q24	127,400	$	29.39
3Q24	128,800	$	29.39
4Q24	128,800	$	29.39