| Subsequent events Senior Secured Credit Facility Subsequent to June 30, 2025, the Company borrowed $40.0 million and repaid $30.0 million on the Senior Secured Credit Facility. As a result, the outstanding balance under the Senior Secured Credit Facility was $755.0 million as of August 6, 2025. Commodity derivatives The following table summarizes the Company's open commodity derivative positions as of June 30, 2025, updated for the derivative transactions entered into from June 30, 2025 through August 5, 2025, for the settlement periods presented: | | | | | | | | | | | | | | | | | | | | | | | | Remaining Year 2025 | | Year 2026 | | Year 2027 | | Oil: | | | | | | | | WTI NYMEX - Swaps: | | | | | | | | Volume (Bbl) | | 11,279,200 | | | 13,306,500 | | | 3,285,000 | | | Weighted-average price ($/Bbl) | | $ | 68.82 | | | $ | 64.02 | | | $ | 61.07 | | | WTI NYMEX - Collars: | | | | | | | | Volume (Bbl) | | — | | | 1,086,000 | | | — | | | Weighted-average floor price ($/Bbl) | | $ | — | | | $ | 60.00 | | | $ | — | | | Weighted-average ceiling price ($/Bbl) | | $ | — | | | $ | 71.02 | | | $ | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | NGL: | | | | | | | | Non-TET Propane - Swaps: | | | | | | | | Volume (Bbl) | | 1,748,000 | | | — | | | — | | | Weighted-average price ($/Bbl) | | $ | 34.16 | | | $ | — | | | $ | — | | | Non-TET Ethane - Swaps: | | | | | | | | Volume (Bbl) | | 2,208,000 | | | — | | | — | | | Weighted-average price ($/Bbl) | | $ | 11.04 | | | $ | — | | | $ | — | | | Natural gas: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Waha Inside FERC - Swaps: | | | | | | | | Volume (MMBtu) | | 32,238,000 | | | 55,480,000 | | | 43,800,000 | | | Weighted-average price ($/MMBtu) | | $ | 2.32 | | | $ | 2.41 | | | $ | 2.70 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Waha Inside FERC to Henry Hub NYMEX - Basis Swaps: | | | | | | | | Volume (MMBtu) | | — | | | — | | | 14,600,000 | | | Weighted-average differential ($/MMBtu) | | $ | — | | | $ | — | | | $ | (0.97) | |
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