These commodity derivative contracts consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Period | | Index | | Daily Volume | | Weighted Average Price | | Oil (Bbl) | | | | | | | | | | Fixed Price Swaps | | January 2026 - June 2026 | | NYMEX WTI | | 300 | | $68.67 | | | | | | | | | | | Natural Gas (MMBtu) | | | | | | | | | | Fixed Price Swaps | | January 2026 - December 2026 | | NYMEX Henry Hub | | 11,797 | | $4.16 | | | | | | | | | | | Producer Costless Collars | | January 2026 - December 2026 | | NYMEX Henry Hub | | 4,500 | | $3.35 Put / $5.35 Call |
As of December 31, 2024, the Company's open derivative contracts consisted of oil and NGL commodity derivative contracts under which we will receive a fixed price for the contract and pay a floating market price to the counterparty over a specified period for a contracted volume. These commodity derivative contracts consisted of the following: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Period | | Index | | Daily Volume | | Weighted Average Price | | Oil (Bbl) | | | | | | | | | | Fixed Price Swaps | | | | | | | | | | | January 2025 - December 2025 | | NYMEX WTI | | 500 | | $71.60 | | | January 2026 - June 2026 | | NYMEX WTI | | 300 | | $68.67 | | | | | | | | | | | NGL (Bbl) | | | | | | | | | | Fixed Price Swaps | | January 2025 - December 2025 | | Mont Belvieu OPIS (1) | | 300 | | $39.69 | | (1) NGL swaps exclude ethane | | | | | | |
Subsequent to December 31, 2025, the Company entered into the following natural gas derivative contracts: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Period | | Type of Derivative Instrument | | Index | | Daily Volume (MMBtu) | | Weighted Average Price Per MMBtu | | February 2026 - December 2026 | | Fixed price swaps | | NYMEX Henry Hub | | 3,750 | | $4.20 |
Subsequent to December 31, 2025, the Company entered into the following oil derivative contracts: | | | | | | | | | | | | | | | | | | | | | | | | | | | | Period | | Type of Derivative Instrument | | Index | | Daily Volume (Bbl) | | Weighted Average Price Per Bbl | | February 19, 2026 - December 2026 | | Producer Costless Collars | | NYMEX WTI | | 816 | | $56.63 Put / $79.43 Call | | March 2026 - December 2026 | | Fixed price swaps | | NYMEX WTI | | 275 | | $70.00 |
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