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: 
IndexDaily VolumeWeighted
Average Price
Natural Gas(MMBtu/d)($/MMBtu)
Remaining 2026NYMEX Henry Hub366,727 $3.82 
2027NYMEX Henry Hub210,000 $3.93 
2028NYMEX Henry Hub50,000 $3.77 
Oil(Bbl/d)($/Bbl)
Remaining 2026NYMEX WTI1,752 $71.45 
2027NYMEX WTI1,500 $66.48 
NGL(Bbl/d)($/Bbl)
Remaining 2026Mont Belvieu C33,167 $30.89 
2027Mont Belvieu C32,000 $29.64 
The Company has entered into natural gas and crude oil costless collars based off the NYMEX Henry Hub and NYMEX WTI indices. Below is a summary of the Company's costless collar positions as of March 31, 2026:
IndexDaily VolumeWeighted Average Floor PriceWeighted Average Ceiling Price
Natural Gas(MMBtu/d)($/MMBtu)($/MMBtu)
Remaining 2026NYMEX Henry Hub150,000 $3.61 $4.35 
2027NYMEX Henry Hub110,000 $3.75 $4.27 
Oil(Bbl/d)($/Bbl)($/Bbl)
Remaining 2026NYMEX WTI1,250 $55.00 $71.24 
2027NYMEX WTI300 $55.00 $68.00 
Subsequent to March 31, 2026, as of April 29, 2026, the Company entered into the following derivative contracts:
PeriodType of Derivative InstrumentIndexDaily VolumeWeighted
Average Price
Oil
(Bbl/d)($/Bbl)
2027
Swaps
NYMEX WTI
500 $72.55 
Natural Gas(MMBtu/d)($/MMBtu)
2028
Swaps
NYMEX Henry Hub
40,000 $3.70