XML 48 R37.htm IDEA: XBRL DOCUMENT v3.23.2
SUBSEQUENT EVENTS (Tables)
 6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Schedule of Natural Gas Basis Swap Positions As of June 30, 2023, the Company had the following natural gas basis swap positions open:
Gulfport PaysGulfport ReceivesDaily VolumeWeighted Average Fixed Spread
Natural Gas(MMBtu/d)($/MMBtu)
Remaining 2023Rex Zone 3NYMEX Plus Fixed Spread140,000 $(0.22)
Remaining 2023NGPL TXOKNYMEX Plus Fixed Spread80,000 $(0.35)
Remaining 2023TETCO M2NYMEX Plus Fixed Spread210,000 $(0.91)
2024Rex Zone 3NYMEX Plus Fixed Spread90,000 $(0.15)
2024NGPL TXOKNYMEX Plus Fixed Spread60,000 $(0.31)
2024TETCO M2NYMEX Plus Fixed Spread89,945 $(0.91)
Subsequent to June 30, 2023, as of July 27, 2023, the Company entered into the following derivative contracts:
PeriodType of Derivative InstrumentIndexDaily Volume (MMBtu)Weighted
Average Price
2024Basis SwapsRex Zone 340,000 $(0.15)
2024Basis SwapsNGPL TXOK10,000 $(0.27)
2024SwapsMont Belvieu C3500 $29.13
2024Costless CollarsNYMEX WTI1,000 
$62.00 / $80.00
2025Costless CollarsNYMEX Henry Hub20,000 
$3.60 / $4.20