Quarterly report pursuant to Section 13 or 15(d)

Derivatives and Fair Value (Tables)

v3.20.1
Derivatives and Fair Value (Tables)
3 Months Ended
Mar. 31, 2020
Derivatives and Fair Value [Abstract]  
Summary of Commodity Swaps

Swaps

Settlement Period

Type of Contract

Index

Barrels

Weighted Average Fixed Price

April 2020 to June 2020

Swaps

Dated Brent

172,160

$

66.70

172,160

Effect of Derivative Instruments on the Condensed Consolidated Statements of Operations

Three Months Ended March 31,

Derivative Item

Statement of Operations Line

2020

2019

(in thousands)

Crude oil swaps

Realized gain - contract settlements

$

718

$

1,131

Unrealized gain (loss)

6,621

(3,043)

Derivative instruments gain (loss), net

$

7,339

$

(1,912)