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v3.22.2.2

Derivative instruments (Tables) | 9 Months Ended
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Sep. 30, 2022
Derivative instruments |
Schedule of volume-based derivative activity subject to price risk | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Contract Prices
Period |  | Type of Contract |  | (Volume/Month) |  | Range |  | Weighted Average
Oct 2022 – Dec 2023 | ​ | Producer 3-way (crude oil) | ​ | 34,413 – 612 | ​ | $113.10 – $40.00 | ​ | ​ | $75.16
Oct 2022 – Dec 2022 | ​ | Collar (crude oil) | ​ | 33,886 – 5,448 | ​ | $112.75 – $85.00 | ​ | ​ | $97.24
Nov 2022 – Mar 2023 | ​ | Producer 3-way (natural gas) | ​ | 128,912 – 3,813 | ​ | $8.44 – $3.00 | ​ | ​ | $5.13
Nov 2022 – Jun 2023 | ​ | Collar (natural gas) | ​ | 90,941 – 11,036 | ​ | $9.05 – $2.90 | ​ | ​ | $5.48
Schedule of derivative liabilities categorized by primary underlying risk | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | September 30, 2022 | ​ | September 30, 2022
​ | Derivative assets | ​ | Derivative liabilities
(in thousands) | Current portion | ​ | Noncurrent portion | ​ | Current portion | ​ | Noncurrent portion
Primary underlying risk | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity price | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil | $ | 4,581 | ​ | $ | 812 | ​ | $ | (1,865) | ​ | $ | —
Natural gas | ​ | (205) | ​ | ​ | — | ​ | ​ | (2,076) | ​ | ​ | —
Total | $ | 4,376 | ​ | $ | 812 | ​ | $ | (3,941) | ​ | $ | —
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | December 31, 2021 | ​ | December 31, 2021
​ | Derivative assets | ​ | ​ | Derivative liabilities
(in thousands) | Current portion | ​ | Noncurrent portion | ​ | Current portion | ​ | Noncurrent portion
Primary underlying risk | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity price | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil | $ | — | ​ | $ | — | ​ | $ | (3,465) | ​ | $ | (411)
Natural gas | ​ | — | ​ | ​ | — | ​ | ​ | (488) | ​ | ​ | 11
Total | $ | — | ​ | $ | — | ​ | $ | (3,953) | ​ | $ | (400)
Schedule of income as gain/(loss) on derivative contracts | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2022
(in thousands) |  | Realized loss |  | Change in unrealized gain/(loss) |  | Total
Primary underlying risk | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity price | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil | ​ | $ | (4,971) | ​ | $ | 16,571 | ​ | $ | 11,600
Natural gas | ​ | ​ | (4,360) | ​ | ​ | (1,158) | ​ | ​ | (5,518)
Total | ​ | $ | (9,331) | ​ | $ | 15,413 | ​ | $ | 6,082
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2022
(in thousands) |  | Realized loss |  | Change in unrealized gain/(loss) |  | Total
Primary underlying risk | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity price | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil | ​ | $ | (15,388) | ​ | $ | 7,404 | ​ | $ | (7,984)
Natural gas | ​ | ​ | (9,359) | ​ | ​ | (1,804) | ​ | ​ | (11,163)
Total | ​ | $ | (24,747) | ​ | $ | 5,600 | ​ | $ | (19,147)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended September 30, 2021
(in thousands) |  | Realized loss |  | Change in unrealized gain/(loss) |  | Total
Primary underlying risk | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity price | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil | ​ | $ | (2,324) | ​ | $ | 721 | ​ | $ | (1,603)
Natural gas | ​ | ​ | (1,635) | ​ | ​ | (3,320) | ​ | ​ | (4,955)
Total | ​ | $ | (3,959) | ​ | $ | (2,599) | ​ | $ | (6,558)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended September 30, 2021
(in thousands) |  | Realized loss |  | Change in unrealized loss |  | Total
Primary underlying risk | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Commodity price | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Crude oil | ​ | $ | (2,583) | ​ | $ | (6,775) | ​ | $ | (9,358)
Natural gas | ​ | ​ | (4,522) | ​ | ​ | (4,235) | ​ | ​ | (8,757)
Total | ​ | $ | (7,105) | ​ | $ | (11,010) | ​ | $ | (18,115)

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