XML 40 R40.htm IDEA: XBRL DOCUMENT v2.4.1.9
Commodity Derivative Positions (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
bbl
Settlements to be received (paid) in subsequent period  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Fair Value Asset $ 13,061us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_SettlementAgreementMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_SettlementAgreementMember
Crude Oil | Second quarter 2015  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Collars
Notional Volume, per day 4,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThreeMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Weighted Average Price, Floor/Swap 87.50us-gaap_DerivativeAverageFloorPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThreeMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Weighted Average Price, Ceiling 94.66us-gaap_DerivativeAverageCapPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThreeMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 10,045us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThreeMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThreeMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Second quarter 2015 | Short Put  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Strike price on put options 70.00us-gaap_DerivativePriceRiskOptionStrikePrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThreeMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
/ us-gaap_PositionAxis
= us-gaap_ShortMember
Notional Volume, per day 6,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThreeMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
/ us-gaap_PositionAxis
= us-gaap_ShortMember
Crude Oil | Third quarter 2015  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Collars
Notional Volume, per day 3,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Weighted Average Price, Floor/Swap 86.67us-gaap_DerivativeAverageFloorPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Weighted Average Price, Ceiling 94.73us-gaap_DerivativeAverageCapPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 6,063us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Fourth quarter 2015  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Collars
Notional Volume, per day 3,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFiveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Weighted Average Price, Floor/Swap 86.67us-gaap_DerivativeAverageFloorPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFiveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Weighted Average Price, Ceiling 94.73us-gaap_DerivativeAverageCapPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFiveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 5,738us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFiveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFiveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Second quarter 2015  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Swaps
Notional Volume, per day 9,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupEightMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Derivative, Swap Type, Average Fixed Price 91.81us-gaap_DerivativeSwapTypeAverageFixedPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupEightMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 27,053us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupEightMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupEightMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Third and fourth quarters 2015 | Short Put  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Strike price on put options 70.00us-gaap_DerivativePriceRiskOptionStrikePrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupSixMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
/ us-gaap_PositionAxis
= us-gaap_ShortMember
Notional Volume, per day 5,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupSixMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
/ us-gaap_PositionAxis
= us-gaap_ShortMember
Crude Oil | Third quarter 2015  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Swaps
Notional Volume, per day 8,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupNineMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Derivative, Swap Type, Average Fixed Price 91.06us-gaap_DerivativeSwapTypeAverageFixedPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupNineMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 23,139us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupNineMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupNineMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Fourth quarter 2015  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Swaps
Notional Volume, per day 8,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Derivative, Swap Type, Average Fixed Price 91.06us-gaap_DerivativeSwapTypeAverageFixedPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 21,918us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | First quarter 2016  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Swaps
Notional Volume, per day 4,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupElevenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Derivative, Swap Type, Average Fixed Price 88.12us-gaap_DerivativeSwapTypeAverageFixedPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupElevenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 11,392us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupElevenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupElevenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Second quarter 2016  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Swaps
Notional Volume, per day 4,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTwelveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Derivative, Swap Type, Average Fixed Price 88.12us-gaap_DerivativeSwapTypeAverageFixedPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTwelveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 10,933us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTwelveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupTwelveMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Third quarter 2016  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Swaps
Notional Volume, per day 4,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThirteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Derivative, Swap Type, Average Fixed Price 88.12us-gaap_DerivativeSwapTypeAverageFixedPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThirteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 10,649us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThirteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupThirteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Crude Oil | Fourth quarter 2016  
Derivative Instruments Related to Oil and Gas Production [Line Items]  
Instrument Swaps
Notional Volume, per day 4,000invest_DerivativeNonmonetaryNotionalAmount
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Derivative, Swap Type, Average Fixed Price 88.12us-gaap_DerivativeSwapTypeAverageFixedPrice
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Asset 10,262us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember
Fair Value Liability $ 0us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
/ us-gaap_DerivativeByNatureAxis
= pva_GroupFourteenMember
/ us-gaap_EnergyAxis
= us-gaap_CrudeOilMember