Commodity Derivative Contracts (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Commodity derivative contracts not classified as hedging instruments

The following table summarizes our commodity derivative contracts as of June 30, 2014, none of which are classified as hedging instruments in accordance with the FASC Derivatives and Hedging topic:

Months	Index Price	Volume (2)	Contract Prices (1)
			Range (3)				Weighted Average Price
							Swap		Sold Put		Floor		Ceiling
Oil Contracts:
2014 Fixed-Price Swaps
July – Sept	NYMEX	58,000	$	90.00	–	93.50	$	92.52	$	—	$	—	$	—
Oct – Dec	NYMEX	58,000		90.00	–	93.50	92.52		—		—		—
2015 Enhanced Swaps(4)
Jan – Mar	NYMEX	14,000	$	90.00	–	90.30	$	90.06	$	65.21	$	—	$	—
Jan – Mar	LLS	16,000		93.20	–	94.00	93.63		68.00		—		—
Apr – June	NYMEX	8,000		90.00	–	90.00	90.00		65.75		—		—
Apr – June	LLS	16,000		93.20	–	94.00	93.65		68.00		—		—
July – Sept	NYMEX	10,000		90.00	–	90.10	90.02		65.30		—		—
July – Sept	LLS	16,000		93.20	–	94.00	93.65		68.00		—		—
Oct – Dec	NYMEX	10,000		91.15	–	94.00	92.18		68.00		—		—
Oct – Dec	LLS	8,000		93.80	–	96.50	94.94		68.00		—		—
2015 Collars
Jan – Mar	NYMEX	24,000	$	80.00	–	100.90	$	—	$	—	$	80.00	$	96.75
Jan – Mar	LLS	4,000		85.00	–	102.20	—		—		85.00		102.10
Apr – June	NYMEX	30,000		80.00	–	95.25	—		—		80.00		94.72
Apr – June	LLS	4,000		85.00	–	102.50	—		—		85.00		101.75
July – Sept	NYMEX	28,000		80.00	–	95.25	—		—		80.00		95.05
July – Sept	LLS	4,000		85.00	–	100.00	—		—		85.00		99.50
2015 Three-Way Collars(5)
Oct – Dec	NYMEX	8,000	$	85.00	–	102.00	$	—	$	68.00	$	85.00	$	98.50
Oct – Dec	LLS	8,000		88.00	–	104.25	—		68.00		88.00		100.99
2016 Enhanced Swaps(4)
Jan – Mar	NYMEX	6,000	$	92.65	–	92.65	$	92.65	$	68.00	$	—	$	—
Jan – Mar	LLS	6,000		94.85	–	95.45	95.18		68.00		—		—
2016 Three-Way Collars
Jan – Mar	NYMEX	6,000	$	85.00	–	99.50	$	—	$	68.00	$	85.00	$	99.50
Jan – Mar	LLS	4,000		88.00	–	102.00	—		68.00		88.00		101.58
Natural Gas Contracts:
2014 Collars
July – Dec	NYMEX	14,000	$	4.00	–	4.47	$	—	$	—	$	4.00	$	4.45
2015 Collars
Jan – Dec	NYMEX	8,000	$	4.00	–	4.53	$	—	$	—	$	4.00	$	4.51