Quarterly report [Sections 13 or 15(d)]

SUBSEQUENT EVENTS (Tables)

v3.26.1
SUBSEQUENT EVENTS (Tables)
3 Months Ended
Mar. 31, 2026
Subsequent Events [Abstract]  
Schedule of Open Fixed Price Swap Positions and Natural Gas Basis Swap Positions
The Company has entered into natural gas, crude oil and NGL fixed price swap contracts based off the NYMEX Henry Hub, NYMEX WTI and Mont Belvieu C3 indices. Below is a summary of the Company’s open fixed price swap positions as of March 31, 2026: 
Index Daily Volume Weighted
Average Price
Natural Gas (MMBtu/d) ($/MMBtu)
Remaining 2026 NYMEX Henry Hub 366,727  $ 3.82 
2027 NYMEX Henry Hub 210,000  $ 3.93 
2028 NYMEX Henry Hub 50,000  $ 3.77 
Oil (Bbl/d) ($/Bbl)
Remaining 2026 NYMEX WTI 1,752  $ 71.45 
2027 NYMEX WTI 1,500  $ 66.48 
NGL (Bbl/d) ($/Bbl)
Remaining 2026 Mont Belvieu C3 3,167  $ 30.89 
2027 Mont Belvieu C3 2,000  $ 29.64 
The Company has entered into natural gas and crude oil costless collars based off the NYMEX Henry Hub and NYMEX WTI indices. Below is a summary of the Company's costless collar positions as of March 31, 2026:
Index Daily Volume Weighted Average Floor Price Weighted Average Ceiling Price
Natural Gas (MMBtu/d) ($/MMBtu) ($/MMBtu)
Remaining 2026 NYMEX Henry Hub 150,000  $ 3.61  $ 4.35 
2027 NYMEX Henry Hub 110,000  $ 3.75  $ 4.27 
Oil (Bbl/d) ($/Bbl) ($/Bbl)
Remaining 2026 NYMEX WTI 1,250  $ 55.00  $ 71.24 
2027 NYMEX WTI 300  $ 55.00  $ 68.00 
Subsequent to March 31, 2026, as of April 29, 2026, the Company entered into the following derivative contracts:
Period Type of Derivative Instrument Index Daily Volume Weighted
Average Price
Oil
(Bbl/d) ($/Bbl)
2027
Swaps
NYMEX WTI
500  $ 72.55 
Natural Gas (MMBtu/d) ($/MMBtu)
2028
Swaps
NYMEX Henry Hub
40,000  $ 3.70