Quarterly report pursuant to Section 13 or 15(d)

Derivatives and Fair Value (Tables)

v3.21.1
Derivatives and Fair Value (Tables)
3 Months Ended
Mar. 31, 2021
Derivatives and Fair Value [Abstract]  
Summary of Commodity Swaps

Settlement Period

Type of Contract

Index

Barrels

Weighted Average Fixed Price

April 2021 to January 2022

Swaps

Dated Brent

550,523

$

53.10

550,523

Effect of Derivative Instruments on the Condensed Consolidated Statements of Operations

Three Months Ended March 31,

Derivative Item

Statement of Operations Line

2021

2020

(in thousands)

Crude oil swaps

Realized gain (loss) - contract settlements

$

(1,710)

$

718

Unrealized gain (loss)

(4,244)

6,621

Derivative instruments gain (loss), net

$

(5,954)

$

7,339