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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2013
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Fair value hierarchy of financial assets and liabilities

The following table sets forth by level within the fair value hierarchy our financial assets and liabilities that were accounted for at fair value on a recurring basis as of the periods indicated:
 
 
Fair Value Measurements Using:
In thousands
 
Quoted Prices
in Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
March 31, 2013
 
 
Assets:
 
 
 
 
 
 
 
 
Oil derivative contracts
 
$

 
$
4,376

 
$

 
$
4,376

Liabilities:
 
 

 
 

 
 

 
 

Oil derivative contracts
 

 
(23,232
)
 

 
(23,232
)
Total
 
$

 
$
(18,856
)
 
$

 
$
(18,856
)
December 31, 2012
 
 

 
 

 
 

 
 

Assets:
 
 

 
 

 
 

 
 

Oil derivative contracts
 
$

 
$
19,513

 
$

 
$
19,513

Liabilities:
 
 

 
 

 
 

 
 

Oil derivative contracts
 

 
(26,440
)
 

 
(26,440
)
Total
 
$

 
$
(6,927
)
 
$

 
$
(6,927
)