Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.19.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables summarize the valuation of those assets and (liabilities) as of the dates presented:
 
 
March 31, 2019
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Commodity derivative assets – current
 
$
2,658

 
$

 
$
2,658

 
$

Commodity derivative assets – noncurrent
 
229

 

 
229

 

Liabilities:
 
 

 
 

 
 

 
 

Commodity derivative liabilities – current
 
$
(25,107
)
 
$

 
$
(25,107
)
 
$

Commodity derivative liabilities – noncurrent
 
(6,150
)
 

 
(6,150
)
 


 
 
December 31, 2018
 
 
Fair Value
 
Fair Value Measurement Classification
Description
 
Measurement
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Commodity derivative assets – current
 
$
34,932

 
$

 
$
34,932

 
$

Commodity derivative assets - noncurrent
 
10,100

 

 
10,100

 

Liabilities:
 
 

 
 

 
 

 
 

Commodity derivative liabilities – current
 
$
(991
)
 
$

 
$
(991
)
 
$

Commodity derivative liabilities – noncurrent