VAALCO Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Derivatives and Fair Value (Tables)

Derivatives and Fair Value (Tables)

6 Months Ended

Jun. 30, 2019

Derivatives and Fair Value [Abstract]


				Swaps
Settlement Period	Type of Contract	Index	Barrels	Weighted Average Fixed Price
2019	Swaps	Dated Brent	225,130	$	66.70
2020	Swaps	Dated Brent	274,870		66.70
			500,000

Effect of Derivative Instruments on the Condensed Consolidated Statements of Operations


		Three Months Ended June 30,				Six Months Ended June 30,
Derivative Item	Statement of Operations Line	2019		2018		2019		2018
		(in thousands)
Crude oil swaps	Realized gain (loss) - contract settlements	$	432	$	(11)	$	1,563	$	(11)
	Unrealized gain (loss)		1,479		(999)		(1,564)		(999)
	Derivative instruments gain (loss), net	$	1,911	$	(1,010)	$	(1)	$	(1,010)

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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+ Details