XML 68 R47.htm IDEA: XBRL DOCUMENT
v3.24.0.1

SUBSEQUENT EVENTS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2023
Subsequent Events [Abstract] |
Schedule of Natural Gas Basis Swap Positions | As of December 31, 2023, the Company had the following natural gas basis swap positions open:
| Gulfport Pays |  | Gulfport Receives |  | Daily Volume |  | Weighted Average Fixed Spread
Natural Gas |  |  |  |  | (MMBtu/d) |  | ($/MMBtu)
2024 | Rex Zone 3 |  | NYMEX Plus Fixed Spread |  | 150,000 |  |  | $ | (0.15) |
2024 | NGPL TXOK |  | NYMEX Plus Fixed Spread |  | 70,000 |  |  | $ | (0.31) |
2024 | TETCO M2 |  | NYMEX Plus Fixed Spread |  | 179,945 |  |  | $ | (0.93) |
Subsequent to December 31, 2023 and as of February 26, 2024, the Company entered into the following derivative contracts:
Period |  | Type of Derivative Instrument |  | Index |  | Daily Volume |  | Weighted Average Price
Natural Gas |  |  |  |  |  | (MMBtu/d) |  | ($/MMBtu)
2024 |  | Swaps |  | NYMEX Henry Hub |  | 40,219 |  |  | $2.66
2024 |  | Basis Swaps |  | TETCO M2 |  | 18,306 |  |  | $(0.90)
2025 |  | Basis Swaps |  | TETCO M2 |  | 100,000 |  |  | $(0.99)
2025 |  | Costless Collars |  | NYMEX Henry Hub |  | 30,000 |  |  | $3.25 / $4.03
NGL |  |  |  |  |  | (Bbl/d) |  | ($/Bbl)
2025 |  | Swaps |  | Mont Belvieu C3 |  | 1,000 |  |  | $30.14

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-1A + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SubsequentEventsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration