Annual report pursuant to Section 13 and 15(d)

Derivative Instruments (Tables)

v3.3.1.900
Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2015
General Discussion of Derivative Instruments and Hedging Activities [Abstract]  
Schedule Of Derivative Instruments
 
Location
Daily Volume (MMBtu/day)
 
Weighted
Average Price
January 2016 - March 2016
NYMEX Henry Hub
75,000

 
$
3.25

April 2016 - December 2016
NYMEX Henry Hub
95,000

 
$
3.18

January 2017 - March 2017
NYMEX Henry Hub
20,000

 
$
2.91

Below is a summary of the Company's open fixed price swap positions as of December 31, 2015.
 
Location
Daily Volume (Bbls/day)
 
Weighted
Average Price
January 2016 - June 2016
ARGUS LLS
1,500

 
$
63.03

January 2016 - June 2016
NYMEX WTI
1,000

 
$
61.40

 
Location
Daily Volume (MMBtu/day)
 
Weighted
Average Price
January 2016 - March 2016
NYMEX Henry Hub
415,000

 
$
3.56

April 2016
NYMEX Henry Hub
425,000

 
$
3.52

May 2016 - June 2016
NYMEX Henry Hub
355,000

 
$
3.42

July 2016 - September 2016
NYMEX Henry Hub
375,000

 
$
3.38

October 2016
NYMEX Henry Hub
405,000

 
$
3.33

November 2016 - December 2016
NYMEX Henry Hub
430,000

 
$
3.30

January 2017 - March 2017
NYMEX Henry Hub
317,500

 
$
3.25

April 2017 - June 2017
NYMEX Henry Hub
272,500

 
$
3.31

July 2017 - December 2017
NYMEX Henry Hub
210,000

 
$
3.12

January 2018 - December 2018
NYMEX Henry Hub
160,000

 
$
3.01

January 2019 - March 2019
NYMEX Henry Hub
20,000

 
$
3.37


 
Location
Daily Volume (Bbls/day)
 
Weighted
Average Price
January 2016 - December 2016
Mont Belvieu
1,000

 
$
20.16

 
Location
Daily Volume (MMBtu/day)
 
Weighted
Average Price
January 2016 - March 2016
MichCon
70,000

 
$
0.11

April 2016 - December 2016
MichCon
40,000

 
$
0.02

November 2016 - March 2017
Tetco M2
50,000

 
$
(0.59
)
Schedule Of Derivative Instruments In Statement Of Financial Position
t December 31, 2015 and 2014:
 
 
December 31,
 
2015
 
2014
 
(In thousands)
Short-term derivative instruments - asset
$
142,794

 
$
78,391

Long-term derivative instruments - asset
$
51,088

 
$
24,448

Short-term derivative instruments - liability
$
437

 
$
—

Long-term derivative instruments - liability
$
6,935

 
$
—


Schedule Of Cash Flow Hedges
Amounts reclassified out of accumulated other comprehensive (loss) income as a reduction to oil and condensate sales for the year ended December 31, 2013 were approximately $9.8 million.