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Note 7 - Commodity Derivatives - Schedule of Contracts Outstanding (Details) | 9 Months Ended
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Sep. 30, 2023 $ / bbl $ / item bbl
Fourth Quarter 2023 Crude Oil Contracts [Member] |  |
Quantity of crude oil (Barrel of Oil) | 51,200 | [1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl | 60 |
Weighted average price cap (in USD per Barrel of Oil) | $ / bbl | 81.04 |
Fourth Quarter 2023 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 18,000 |
weighted average price (in USD per Per Share) | $ / item | 86.64 |
Crude Oil 2023 Contracts [Member] |  |
Quantity of crude oil (Barrel of Oil) | 51,200 | [1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl | 60 |
Weighted average price cap (in USD per Barrel of Oil) | $ / bbl | 81.04 |
The 2023 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 18,000 |
weighted average price (in USD per Per Share) | $ / item | 86.64 |
First Quarter 2024 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 53,300 |
weighted average price (in USD per Per Share) | $ / item | 84.07 |
Second Quarter 2024 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 48,600 |
weighted average price (in USD per Per Share) | $ / item | 81.76 |
Third Quarter 2024 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 45,000 |
weighted average price (in USD per Per Share) | $ / item | 79.8 |
Fourth Quarter 2024 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 40,720 |
weighted average price (in USD per Per Share) | $ / item | 78.15 |
Crude Oil 2024 Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 187,620 |
weighted average price (in USD per Per Share) | $ / item | 81.16 |
[1] | “Bbl” refers to one stock tank barrel, or 42 U.S. gallons liquid volume, used in this report in reference to crude oil or other liquid hydrocarbons.

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- Definition The cap rate on a price risk derivative such as a cap or collar. A payment or receipt is triggered if the market rate exceeds the cap rate on the contract. + References No definition available. + Details
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- Definition Floor rate on a price risk derivative such as a floor or a collar. A payment or receipt is triggered if the market rate falls below the floor rate on the contract. + References No definition available. + Details
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- Definition Nominal volume used to calculate payments on a derivative instrument. + References No definition available. + Details
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