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Commodity Price Risk Management (Tables)
 9 Months Ended
Sep. 30, 2015
Commodity Price Risk Management [Abstract]  
Commodity derivative contracts
Energy One's commodity derivative contracts as of September 30, 2015 are summarized below:


          
      
Quantity
   
Settlement Period
 
Counterparty
 
Basis
 
(Bbls/day)
 
Strike Price
          
Crude Oil Costless Collar
         
05/01/15 - 12/31/15
 
 Wells Fargo
 
 WTI
 
 500
 
Put:
 $45.00
        
Call:
 $58.79
          
Crude Oil Costless Collar
         
01/01/16 - 06/30/16
 
 Wells Fargo
 
 WTI
 
 350
 
Put:
 $57.50
        
Call:
 $66.80
          
Crude Oil Costless Collar
         
07/01/16 - 12/31/16
 
 Wells Fargo
 
 WTI
 
 300
 
Put:
 $50.00
        
Call:
 $65.25
Fair value of derivatives recorded in applicable consolidated balance sheet, by category
The following table details the fair value of the Company's derivative instruments, including the gross amounts and adjustments made to net the derivative instruments for the presentation in the condensed consolidated balance sheet (in thousands):

         
     
As of September 30, 2015
 
     
(In thousands)
 
Underlying Commodity
 
Location on Balance Sheet
 
Gross amounts of recognized assets and liabilities
  
Gross amounts offset in the condensed consolidated balance sheet
  
Net amounts of assets and liabilities presented in the condensed consolidated balance sheet
 
         
Crude oil derivative contract
 
Current assets
 
$
1,152
  
$
(150
)
 
$
1,002
 
Crude oil derivative contract
 
Current liabilities
 
$
150
  
$
(150
)
 
$
--
 
Schedule of unrealized and realized derivative gain and loss
The following table summarizes the unrealized and realized gains and losses presented in the accompanying statements of operations:
 
         
  
(In thousands)
  
(In thousands)
 
  
Three months ended September 30,
  
Nine months ended September 30,
 
  
2015
  
2014
  
2015
  
2014
 
Realized gain (loss) on risk management activities
 
$
33
  
$
(84
)
 
$
(106
)
 
$
(616
)
Realized gain on risk management activities
 
$
1,337
  
$
780
  
$
1,002
  
$
369
 
Total realized and unrealized risk management gain (loss)
 
$
1,370
  
$
696
  
$
896
  
$
(247
)