XML 29 R45.htm IDEA: XBRL DOCUMENT v3.20.1
Derivatives (Tables)
12 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Non-designated Hedges Outstanding [Table Text Block]
At December 31, 2019, the following non-designated hedges were outstanding:
TermCommodityContracted Volume
Weighted Average 
Fixed Price for Swaps
Contracted Market
Jan'20 - Dec'20Natural gas - basis swap30,000 MMBtu/day$(0.275) NGPL TEXOK
Jan'20 - Dec'20Natural gas - basis swap20,000 MMBtu/day$(0.455) PEPL
Jan'21 - Dec'21Natural gas - basis swap30,000 MMBtu/day$(0.215) NGPL TEXOK
Jan'20 - Dec'20Natural gas - three-way collar30,000 MMBtu/day$2.50 - $2.20 - $2.80  IF - NYMEX (HH)
Fair Value Of Derivative Instruments And Locations In Balance Sheets [Table Text Block]
The following tables present the fair values and locations of the derivative transactions recorded in our Consolidated Balance Sheets at December 31: 
 
Derivative Assets
Fair Value
Balance Sheet Location20192018
  (In thousands)
Commodity derivatives:
CurrentCurrent derivative assets$633  $12,870  
Long-termNon-current derivative assets—  —  
Total derivative assets$633  $12,870  

 
Derivative Liabilities
Fair Value
Balance Sheet Location20192018
  (In thousands)
Commodity derivatives:
CurrentCurrent derivative liabilities$—  $—  
Long-termNon-current derivative liabilities27  293  
Total derivative liabilities$27  $293  
Effect Of Derivative Instruments Recognized In Statement Of Operations, Not Designated As Hedging Instruments [Table Text Block]
Effect of derivative instruments on the Consolidated Statements of Operations for the year ended December 31:
Derivatives Instruments
Location of Gain or (Loss)
Recognized in Income on
Derivative
Amount of Gain or (Loss)
Recognized in Income on 
Derivative
20192018
  (In thousands)
Commodity derivatives
Gain (loss) on derivatives (1)
$4,225  $(3,184) 
Total$4,225  $(3,184) 
_________________________
1.Amounts settled during the periods are a gain of $16,196 and a loss of $22,803, respectively.