Note 8 - Derivatives and Fair Value - Unexpired Barrels (Details) |
3 Months Ended |
---|---|
Mar. 31, 2024
$ / bbl
$ / item
bbl
| |
Commodity Contract, April 2024 to June 2024 [Member] | |
Barrels (Barrel of Oil) | bbl | 65,000 |
Weighted average price put price (in USD per Barrel of Oil) | $ / bbl | 65 |
Weighted average price call price (in USD per Per Share) | 100 |
Commodity Contract, July 2024 to September 2024 [Member] | |
Barrels (Barrel of Oil) | bbl | 80,000 |
Weighted average price put price (in USD per Barrel of Oil) | 65 |
Weighted average price call price (in USD per Per Share) | 92 |
X | ||||||||||
- Definition The average cap rate on a group of price risk derivatives such as caps or collars. A payment or receipt is triggered if the market rate exceeds the cap rate on the contract. No definition available.
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- Definition The average floor rate on a group of price risk derivatives such as floors or collars. A payment or receipt is triggered if the market rate falls below the floor rate on the contract. No definition available.
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X | ||||||||||
- Definition Nominal volume used to calculate payments on a derivative instrument. No definition available.
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- Details
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- Details
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