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Subsequent Events

3 Months Ended

Mar. 31, 2023

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

New commodity derivative contracts

After March 31, 2023, the Company entered into the following derivative contracts to hedge additional amounts of estimated future production:

						2023																											2024						2025
									Second Quarter						Third Quarter						Fourth Quarter						Total						Total						Total
Collar (oil)
Volume (Bbl)									18,648						48,618						29,304						96,570						486,846						—
Weighted-average floor price ($/Bbl)									$	61.50					$	61.50					$	61.50					$	61.50					$	58.63					$	—
Weighted-average ceiling price ($/Bbl)									$	81.60					$	81.60					$	81.60					$	81.60					$	78.13					$	—
Collar (natural gas)
Volume (Mcf)									—						—						16,650						16,650						1,768,896						766,566
Weighted-average floor price ($/Mcf)									$	—					$	—					$	3.04					$	3.04					$	3.24					$	3.68
Weighted-average ceiling price ($/Mcf)									$	—					$	—					$	4.63					$	4.63					$	4.89					$	5.45
Swaps (natural gas)
Volume (Mcf)									1,058,940						950,382						297,036						2,306,358						—						—
Weighted-average price ($/Mcf)									$	3.25					$	3.25					$	3.25					$	3.25					$	—					$	—

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- References

No definition available.

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- Definition

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-URI https://asc.fasb.org/topic&trid=2122774

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 855
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662

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