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Commodity Risk Derivatives (Tables)
 6 Months Ended
Jun. 30, 2018
Price Risk Derivatives [Abstract]  
Schedule of Outstanding Crude Oil and Natural Gas Swaps

Presented below is a summary of outstanding crude oil and natural gas swaps as of June 30, 2018.

 

    Begin   End   Quantity (bbls/d)     Price  
                         
Crude oil price swaps   7/1/18   12/31/18     100     $ 68.50  

 

    Begin   End   Quantity (mcf/d)     Price  
                         
Natural gas price swaps   7/1/18   12/31/18     500     $ 3.01  
Schedule of Fair Value Commodity Derivatives

The following table summarizes the fair value of our open commodity derivatives as of June 30, 2018, and December 31, 2017 (in thousands). Please see Note 13 for further disclosure.

 

    June 30, 2018     December 31, 2017  
Fair Value of Oil and Natural Gas Derivatives (in thousands)   Gross Amount     Amount Offset     As Presented     Gross Amount     Amount Offset     As Presented  
Fair value of oil and natural gas derivatives – Current Assets   $ 25     $ (25 )   $ -     $ 168     $ (168 )   $ -  
                                                 
Fair value of oil and natural gas derivatives – Current Liabilities     (49 )     25       (24 )     (329 )     168       (161 )