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SUBSEQUENT EVENTS (Tables)
9 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]  
Schedule of Natural Gas Basis Swap Positions As of September 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 Spread150,000 $(0.15)
2024NGPL TXOKNYMEX Plus Fixed Spread70,000 $(0.31)
2024TETCO M2NYMEX Plus Fixed Spread89,945 $(0.91)
Subsequent to September 30, 2023, as of October 26, 2023, the Company entered into the following derivative contracts:
PeriodType of Derivative InstrumentIndex
Daily Volume
Weighted
Average Price
Natural Gas(MMBtu/d)($/MMBtu)
2024
Costless Collars
NYMEX Henry Hub
45,000 
$3.10 / $3.77
2024
Basis Swaps
TETCO M2
50,000 $(0.99)
2025
Swaps
NYMEX Henry Hub
40,000 $4.04
NGL(Bbl/d)($/Bbl)
2024
Swaps
Mont Belvieu C3
500 $30.03
2025
Swaps
Mont Belvieu C3
1,000 $30.03