Note 8 - Derivatives and Fair Value (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

Settlement Period	Type of Contract	Index	Average Monthly Volumes		Weighted Average Put Price		Weighted Average Call Price
			(Bbls)		(per Bbl)		(per Bbl)
October 2022 to December 2022	Collars	Dated Brent		109,000	$	70.00	$	122.00

Settlement Period	Type of Contract	Index	Average Monthly Volumes	Weighted Average Put Price	Weighted Average Call Price
January 2023 to March 2023	Collars	Dated Brent	101,000	$ 65.00	$ 120.00

Schedule of Derivative Instruments [Table Text Block]

		Three Months Ended September 30,						Nine Months Ended September 30,
Derivative Item	Statement of Operations Line	2022			2021			2022			2021
		(in thousands)
Commodity derivatives	Cash settlements paid on matured derivative contracts, net	$	(9,124	)	$	(4,186	)	$	(42,683	)	$	(10,189	)
	Unrealized gain (loss)		12,902			(961	)		5,161			(10,881	)
	Derivative instruments gain (loss), net	$	3,778		$	(5,147	)	$	(37,522	)	$	(21,070	)