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Commodity risk management contracts (Tables) | 12 Months Ended
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Dec. 31, 2022
Commodity risk management contracts |
Schedule of Group's Derivative Contracts | The following table presents the Group’s production hedged during the year ended December 31, 2022 and for the following periods as a consequence of the derivative contracts in force as of December 31, 2022: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Period | ​ | Reference | ​ | Type | ​ | Volume bbl/d | ​ | Weighted average price US$/bbl
ACCOUNTED FOR AS NON-HEDGE DERIVATIVES
January 1, 2022 - March 31, 2022 | ​ | ICE BRENT | ​ | Zero Premium Collars | ​ | 14,500 | ​ | 49.10 Put 74.81 Call
April 1, 2022 - June 30, 2022 | ​ | ICE BRENT | ​ | Zero Premium Collars | ​ | 12,500 | ​ | 53.35 Put 79.38 Call
July 1, 2022 - September 30, 2022 | ​ | ICE BRENT | ​ | Zero Premium Collars | ​ | 13,000 | ​ | 58.63 Put 86.50 Call
October 1, 2022 - December 31, 2022 | ​ | ICE BRENT | ​ | Zero Premium Collars | ​ | 12,000 | ​ | 60.63 Put 92.55 Call
ACCOUNTED FOR AS CASH FLOW HEDGES
January 1, 2023 - March 31, 2023 | ​ | ICE BRENT | ​ | Zero Premium Collars | ​ | 9,500 | ​ | 66.05 Put 112.59 Call
April 1, 2023 - June 30, 2023 | ​ | ICE BRENT | ​ | Zero Premium Collars | ​ | 8,500 | ​ | 69.12 Put 113.13 Call
July 1, 2023 - September 30, 2023 | ​ | ICE BRENT | ​ | Zero Premium Collars | ​ | 2,000 | ​ | 70.00 Put 101.13 Call
​
Summary of Gain (Loss) on the Commodity Risk Management Contracts | The table below summarizes the gain (loss) on the commodity risk management contracts:
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2022 | ​ | 2021 | ​ | 2020
Realized (loss) gain on commodity risk management contracts | ​ | (83,244) | ​ | (109,654) | ​ | 21,059
Unrealized gain (loss) on commodity risk management contracts | ​ | 13,023 | ​ | 463 | ​ | (12,978)
​ | ​ | (70,221) | ​ | (109,191) | ​ | 8,081

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