Annual report pursuant to Section 13 and 15(d)

Derivatives and Fair Value (Tables)

v3.20.1
Derivatives and Fair Value (Tables)
12 Months Ended
Dec. 31, 2019
Derivatives and Fair Value [Abstract]  
Summary of Commodity Swaps

Swaps

Settlement Period

Type of Contract

Index

Barrels

Weighted Average Fixed Price

January 2020 to June 2020

Swaps

Dated Brent

274,870

66.70

274,870

Effect of Derivative Instruments on the Condensed Consolidated Statements of Operations

Years Ended December 31,

Derivative Item

Statement of Operations Line

2019

2018

2017

(in thousands)

Crude oil swaps and put options

Realized gain - contract settlements

$

2,439

$

744

$

195

Unrealized gain (loss)

(2,885)

3,520

(1,227)

Derivative instruments gain (loss), net

$

(446)

$

4,264

$

(1,032)