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9. Derivative Instruments (Details Narrative) | 9 Months Ended
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Sep. 30, 2015 USD ($) $ / Boe bbl
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Total volume on open commodity swaps, barrels | 86,750
Weighted average price per barrel | $ / Boe | 73.55
Derivative liquidations | $ | $ 6,255,000

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- Definition The revenues derived from sales of oil or gas in each geographic area during the reporting period divided by the number of barrels of oil produced or thousands of cubic feet of gas produced. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 1204 -Paragraph (b) -Subparagraph (1) + Details
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- Definition Estimated amount to which the maximum potential amount of future payments under the credit derivative would be covered by the proceeds from liquidation of assets held either as collateral or by third parties. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4K -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5708775-113959 + Details
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