Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS (Tables)

v3.22.0.1
SUBSEQUENT EVENTS (Tables)
 12 Months Ended
Dec. 31, 2021
Subsequent Events [Abstract]  
Schedule of natural gas basis swap positions As of December 31, 2021, the Company had the following natural gas basis swap positions open:
Gulfport Pays Gulfport Receives Daily Volume Weighted Average Fixed Spread
Natural Gas (MMBtu/d) ($/MMBtu)
2022 Rex Zone 3 NYMEX Plus Fixed Spread 24,658  $ (0.10)
2022 ONG NYMEX Plus Fixed Spread 7,397  $ 0.50 
2023 Rex Zone 3 NYMEX Plus Fixed Spread 10,000  $ (0.22)
Subsequent to December 31, 2021 and as of February 25, 2022, the Company entered into the following natural gas, oil, and NGL derivative contracts:
Period Type of Derivative Instrument Index
Daily Volume(1)
Weighted
Average Price
January 2023 - December 2023 Swaps NYMEX WTI 1,000  $69.78
January 2023 - December 2023 Swaps NYMEX Henry Hub 40,082  $3.56
January 2023 - December 2023 Swaps Mont Belvieu C3 1,000  $36.33
January 2023 - December 2023 Basis Swaps Rex Zone 3 10,000  $(0.20)
(1)    Volumes for gas instruments are presented in MMBtu while oil and NGL volumes are presented in Bbls.