Atlas America Series 27-2006 10-Q 23 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2015shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Entity Registrant Name	ATLAS AMERICA SERIES 27-2006 L.P.
Entity Central Index Key	1,379,763
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding	0

CONDENSED BALANCE SHEETS

CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Current assets:
Cash	$ 0	$ 0
Accounts receivable trade–affiliate	90,700	200,000
Asset retirement receivable–affiliate	45,500	34,400
Current portion of derivative assets	27,300	20,500
Total current assets	163,500	254,900
Gas and oil properties, net	1,924,700	3,330,200
Long-term derivative assets	6,200	17,100
TOTAL ASSETS	2,094,400	3,602,200
Current liabilities:
Accounts payable trade-affiliate	169,300
Accrued liabilities	14,000	9,700
Current portion of put premiums payable-affiliate	14,500	13,100
Total current liabilities	197,800	22,800
Asset retirement obligations	4,592,700	4,403,700
Long-term put premiums payable-affiliate	$ 3,800	$ 15,000
Commitments and contingencies
Partners’ deficit:
Managing general partner’s deficit	$ (889,700)	$ (294,000)
Limited partners’ deficit (2,840 units)	(1,813,600)	(554,700)
Accumulated other comprehensive income	3,400	9,400
Total partners’ deficit	(2,699,900)	(839,300)
TOTAL LIABILITIES AND PARTNERS' CAPITAL	$ 2,094,400	$ 3,602,200

CONDENSED BALANCE SHEETS (Paren

CONDENSED BALANCE SHEETS (Parenthetical)	Sep. 30, 2015shares
Statement Of Financial Position [Abstract]
Limited partners' units	2,840

CONDENSED STATEMENTS OF OPERATI

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
REVENUES
Natural gas and oil	$ 154,800	$ 362,900	$ 633,300	$ 1,544,000
Gain on mark-to-market derivatives	14,200		14,600
Total revenues	169,000	362,900	647,900	1,544,000
COSTS AND EXPENSES
Production	222,600	301,600	768,400	943,700
Depletion	39,000	85,900	124,000	240,700
Impairment	1,281,200	0	1,281,200	0
Accretion of asset retirement obligation	63,000	47,600	189,000	142,900
General and administrative	42,700	47,200	139,900	137,100
Total costs and expenses	1,648,500	482,300	2,502,500	1,464,400
Net (loss) income	(1,479,500)	(119,400)	(1,854,600)	79,600
Allocation of net (loss) income:
Managing general partner	(471,200)	(27,200)	(595,700)	58,500
Limited partners	$ (1,008,300)	$ (92,200)	$ (1,258,900)	$ 21,100
Net (loss) income per limited partnership unit	$ (355)	$ (33)	$ (443)	$ 7

CONDENSED STATEMENTS OF COMPREH

CONDENSED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement Of Income And Comprehensive Income [Abstract]
Net (loss) income	$ (1,479,500)	$ (119,400)	$ (1,854,600)	$ 79,600
Other comprehensive (loss) income:
Unrealized holding gain (loss) on cash flow hedging contracts		7,600		(13,600)
Difference in estimated hedge gains receivable	(5,200)	(2,000)	700	33,100
Less: reclassification adjustment for realized losses (gains) of cash flow hedges in net (loss) income	3,400	(2,600)	(6,700)	(25,400)
Total other comprehensive (loss) income	(1,800)	3,000	(6,000)	(5,900)
Comprehensive (loss) income	$ (1,481,300)	$ (116,400)	$ (1,860,600)	$ 73,700

CONDENSED STATEMENT OF CHANGES

CONDENSED STATEMENT OF CHANGES IN PARTNERS' DEFICIT - 9 months ended Sep. 30, 2015 - USD ($)	Total	Managing General Partner	Limited Partners	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2014	$ (839,300)	$ (294,000)	$ (554,700)	$ 9,400
Participation in revenues, costs and expenses:
Net production expense	(135,100)	(45,500)	(89,600)
Gain on mark-to-market derivatives	14,600		14,600
Depletion	(124,000)	(39,500)	(84,500)
Impairment	(1,281,200)	(403,600)	(877,600)
Accretion of asset retirement obligation	(189,000)	(61,500)	(127,500)
General and administrative	(139,900)	(45,600)	(94,300)
Net (loss) income	(1,854,600)	(595,700)	(1,258,900)
Other comprehensive loss	(6,000)			(6,000)
Ending balance at Sep. 30, 2015	$ (2,699,900)	$ (889,700)	$ (1,813,600)	$ 3,400

CONDENSED STATEMENTS OF CASH FL

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash flows from operating activities:
Net (loss) income	$ (1,854,600)	$ 79,600
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depletion	124,000	240,700
Impairment	1,281,200	0
Non cash (gain) loss on derivative value	(11,700)	15,100
Accretion of asset retirement obligation	189,000	142,900
Changes in operating assets and liabilities:
Decrease in accounts receivable-trade affiliate	109,300	69,700
Increase in asset retirement receivable-affiliate	(11,100)	(500)
Increase in accounts payable trade-affiliate	169,300
Increase (decrease) in accrued liabilities	4,300	(34,400)
Asset retirement obligations settled		(300)
Net cash (used in) provided by operating activities	(300)	512,800
Cash flows from investing activities:
Proceeds from the sale of tangible equipment	300
Net cash provided by investing activities	300
Cash flows from financing activities:
Distributions to partners		(575,600)
Net cash used in financing activities		(575,600)
Net change in cash and cash equivalents		(62,800)
Cash and cash equivalents at beginning of period	0	62,800
Cash and cash equivalents at end of period	$ 0	$ 0

Description of Business

Description of Business	9 Months Ended
	Sep. 30, 2015
Organization Consolidation And Presentation Of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS	NOTE 1 - DESCRIPTION OF BUSINESS Atlas America Series 27-2006 L.P. (the “Partnership”) is a Delaware limited partnership, formed on July 21, 2006 with Atlas Resources, LLC serving as its Managing General Partner and Operator (“Atlas Resources” or the “MGP”). Atlas Resources is an indirect subsidiary of Atlas Resource Partners, L.P. (“ARP”) (NYSE: ARP). On February 27, 2015, the MGP’s ultimate parent, Atlas Energy, L.P. (“Atlas Energy”), which was a publicly traded master-limited partnership, was acquired by Targa Resources Corp. and distributed to Atlas Energy’s unitholders 100% of the limited liability company interests in ARP’s general partner, Atlas Energy Group, LLC (“Atlas Energy Group”; NYSE: ATLS). Atlas Energy Group became a separate, publicly traded company and the ultimate parent of the MGP as a result of the distribution. Following the distribution, Atlas Energy Group continues to manage ARP’s operations and activities through its ownership of ARP’s general partner interest. The Partnership has drilled and currently operates wells located in New York, Pennsylvania and Tennessee. The Partnership has no employees and relies on the MGP for management, which in turn, relies on its parent company, Atlas Energy Group (February 27, 2015 and prior, Atlas Energy), for administrative services. The Partnership’s operating cash flows are generated from its wells, which produce natural gas and oil. Produced natural gas and oil is then delivered to market through affiliated and/or third-party gas gathering systems. The Partnership intends to produce its wells until they are depleted or become uneconomical to produce, at which time they will be plugged and abandoned or sold. The Partnership does not expect to drill additional wells and expects no additional funds will be required for drilling. The accompanying condensed financial statements, which are unaudited except that for the balance sheet at December 31, 2014 is derived from audited financial statements, are presented in accordance with the requirements of Form 10-Q and accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim reporting. They do not include all disclosures normally made in financial statements contained in the Partnership’s Form 10-K. These interim financial statements should be read in conjunction with the audited financial statements and notes thereto presented in the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2014. The results of operations for the three and nine months ended September 30, 2015 may not necessarily be indicative of the results of operations for the full year ended December 31, 2015. The economic viability of the Partnership’s production is based on a variety of factors including proved developed reserves that it can expect to recover through existing wells with existing equipment and operating methods or in which the cost of additional required extraction equipment is relatively minor compared to the cost of a new well; and through currently installed extraction equipment and related infrastructure which is operational at the time of the reserves estimate (if the extraction is by means not involving drilling, completing or reworking a well). There are numerous uncertainties inherent in estimating quantities of proven reserves and in projecting future net revenues. The prices at which the Partnership’s natural gas and oil will be sold are uncertain and the Partnership is not guaranteed a specific natural gas price for the sale of its natural gas production. Changes in natural gas and oil prices have a significant impact on the Partnership’s cash flow and the value of its reserves. Lower natural gas and oil prices may not only decrease the Partnership’s revenues, but also may reduce the amount of natural gas and oil that the Partnership can produce economically. Historically, there has been no need to borrow funds from the MGP to fund operations as the amount of funds generated by the Partnership’s operations has been adequate to fund future operations and distributions to the partners. However, recent declines in commodity prices may challenge the Partnership’s ability to pay its obligations as they become due and its intention to produce its wells until they are depleted, as they may become uneconomical to produce. Accordingly, the MGP determined that there is substantial doubt about the Partnership’s ability to continue as a going concern. The MGP has planned, as necessary, to continue the Partnership’s operations and to fund the Partnership’s operations for at least the next 12 months. The MGP has concluded that such undertaking is sufficient to alleviate the doubt as to the Partnership’s ability to continue as a going concern.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES In management’s opinion, all adjustments necessary for a fair presentation of the Partnership’s financial position, results of operations and cash flows for the periods disclosed have been made. Management has considered for disclosure any material subsequent events through the date the financial statements were issued. In addition to matters discussed further in this note, the Partnership’s significant accounting policies are detailed in its audited financial statements and notes thereto in the Partnership’s annual report on Form 10-K for the year ended December 31, 2014 filed with the Securities and Exchange Commission (“SEC”). Use of Estimates The preparation of the Partnership’s financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities that exist at the date of the Partnership’s financial statements, as well as the reported amounts of revenues and costs and expenses during the reporting periods. The Partnership’s financial statements are based on a number of significant estimates, including revenue and expense accruals, depletion, asset impairments, fair value of derivative instruments and the probability of forecasted transactions. Actual results could differ from those estimates. The natural gas industry principally conducts its business by processing actual transactions as many as 60 days after the month of delivery. Consequently, the most recent two months’ financial results were recorded using estimated volumes and contract market prices. Differences between estimated and actual amounts are recorded in the following months’ financial results. Management believes that the operating results presented for the three and nine months ended September 30, 2015 and 2014 represent actual results in all material respects (See “ - Revenue Recognition” Accounts Receivable Accounts receivable on the balance sheets consist solely of the trade accounts receivable associated with the Partnership’s operations. In evaluating the realizability of the Partnership’s accounts receivable, the MGP performs ongoing credit evaluations of the Partnership’s customers and adjusts credit limits based upon payment history and the customers’ current creditworthiness, as determined by review of such customers’ credit information. Credit is extended on an unsecured basis to many of the Partnership’s energy customers. At September 30, 2015 and December 31, 2014, the MGP’s credit evaluation indicated that the Partnership had no need for an allowance for uncollectible accounts receivable. Gas and Oil Properties Gas and oil properties are stated at cost. Maintenance and repairs which generally do not extend the useful life of an asset for two years or more through the replacement of critical components are expensed as incurred. Major renewals and improvements that generally extend the useful life of an asset for two years or more through the replacement of critical components are capitalized. The Partnership follows the successful efforts method of accounting for gas and oil producing activities. Oil is converted to gas equivalent basis (“Mcfe”) at the rate of one barrel of oil to six Mcf of natural gas. Mcf is defined as one thousand cubic feet. The Partnership’s depletion expense is determined on a field-by-field basis using the units-of-production method. Depletion rates for lease, well and related equipment costs are based on proved developed reserves associated with each field. Depletion rates are determined based on reserve quantity estimates and the capitalized cost of developed producing properties. The Partnership recorded depletion expense on natural gas and oil properties of $124,000 and $240,700 for the nine months ended September 30, 2015 and 2014, respectively. Upon the sale or retirement of a complete field of a proved property, the cost is eliminated from the property accounts and the resultant gain or loss is reclassified to the Partnership’s statements of operations. Upon the sale of an individual well, the Partnership credits the proceeds to accumulated depletion within its balance sheets. The following is a summary of gas and oil properties at the dates indicated: September 30, December 31, 2015 2014 Proved properties: Leasehold interests $ 1,684,000 $ 1,684,000 Wells and related equipment 86,777,600 86,777,900 Total natural gas and oil properties 88,461,600 88,461,900 Accumulated depletion and impairment (86,536,900 ) (85,131,700 ) Gas and oil properties, net $ 1,924,700 $ 3,330,200 Impairment of Long-Lived Assets The Partnership reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If it is determined that an asset’s estimated future cash flows will not be sufficient to recover its carrying amount, an impairment charge will be recorded to reduce the carrying amount of that asset to its estimated fair value if such carrying amount exceeds the fair value. The review of the Partnership’s gas and oil properties is done on a field-by-field basis by determining if the historical cost of proved properties less the applicable accumulated depletion and impairment is less than the estimated expected undiscounted future cash flows including salvage. The expected future cash flows are estimated based on the Partnership’s plans to continue to produce and develop proved reserves. Expected future cash flow from the sale of the production of reserves is calculated based on estimated future prices. The Partnership estimates prices based upon current contracts in place, adjusted for basis differentials and market related information, including published futures prices. The estimated future level of production is based on assumptions surrounding future prices and costs, field decline rates, market demand and supply and the economic and regulatory climates. If the carrying value exceeds the expected future cash flows, an impairment loss is recognized for the difference between the estimated fair market value (as determined by the discounted cash flows) and the carrying value of the assets. The determination of natural gas and oil reserve estimates is a subjective process, and the accuracy of any reserve estimate depends on the quality of available data and the application of engineering and geological interpretation and judgment. Estimates of economically recoverable reserves and future net cash flows depend on a number of variable factors and assumptions that are difficult to predict and may vary considerably from actual results. In addition, reserve estimates for wells with limited or no production history are less reliable than those based on actual production. Estimated reserves are often subject to future revisions, which could be substantial, based on the availability of additional information which could cause the assumptions to be modified. The Partnership cannot predict what reserve revisions may be required in future periods. During the three and nine months ended September 30, 2015, the Partnership recognized $1,281,200 of impairment related to gas and oil properties. There was no impairment of gas and oil properties recorded for the three and nine months ended September 30, 2014. The impairment relates to the carrying amount of these gas and oil properties being in excess of the Partnership’s estimate of their fair value at September 30, 2015. The estimate of the fair value of these gas and oil properties was impacted by, among other factors, the deterioration of natural gas and oil prices at the date of measurement. Derivative Instruments The Partnership’s MGP enters into certain financial contracts to manage the Partnership’s exposure to movement in commodity prices (See Note 4). The derivative instruments recorded on the balance sheets were measured as either an asset or liability at fair value. Changes in a derivative instrument’s fair value are recognized currently in the Partnership’s statements of operations unless specific hedge accounting criteria are met. On January 1, 2015, the Partnership discontinued hedge accounting through de-designation for all of its existing commodity derivatives which were qualified as hedges. As such, subsequent changes in fair value after December 31, 2014 of these derivatives are recognized immediately within gain (loss) on mark-to-market derivatives in the Partnership’s statements of operations, while the fair values of the instruments recorded in accumulated other comprehensive income as of December 31, 2014 will be reclassified to the statements of operations in the periods in which those respective derivative contracts settle. Prior to discontinuance of hedge accounting, the fair value of these commodity derivative instruments was recognized in accumulated other comprehensive income (loss) within partners’ capital on the Partnership’s balance sheets and reclassified to the Partnership’s statements of operations at the time the originally hedged physical transactions affected earnings. Asset Retirement Obligations The Partnership recognizes an estimated liability for the plugging and abandonment of its gas and oil wells (See Note 3). The Partnership recognizes a liability for its future asset retirement obligations in the current period if a reasonable estimate of the fair value of that liability can be made. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset. The Partnership also considers the estimated salvage value in the calculation of depletion. Income Taxes The Partnership is not subject to U.S. federal and most state income taxes. The partners of the Partnership are liable for income tax in regard to their distributive share of the Partnership’s taxable income. Such taxable income may vary substantially from net income reported in the accompanying financial statements. The federal and state income taxes related to the Partnership were immaterial to the financial statements and are recorded in pre-tax income on a current basis only. Accordingly, no federal or state deferred income tax has been provided for in the accompanying financial statements. The Partnership evaluates tax positions taken or expected to be taken in the course of preparing the Partnership’s tax returns and disallows the recognition of tax positions not deemed to meet a “more-likely-than-not” threshold of being sustained by the applicable tax authority. The Partnership’s MGP does not believe it has any tax positions taken within its financial statements that would not meet this threshold. The Partnership’s policy is to reflect interest and penalties related to uncertain tax positions, when and if they become applicable. The Partnership has not recognized any potential interest or penalties in its consolidated financial statements for the three and nine months ended September 30, 2015 and 2014. The Partnership files Partnership Returns of Income in the U.S. and various state jurisdictions. With few exceptions, the Partnership is no longer subject to income tax examinations by major tax authorities for years prior to 2011. The Partnership is not currently being examined by any jurisdiction and is not aware of any potential examinations as of September 30, 2015. Working Interest The Partnership Agreement establishes that revenues and expenses will be allocated to the MGP and limited partners based on their ratio of capital contributions to total contributions (“working interest”). The MGP is also provided an additional working interest of 7% as provided in the Partnership Agreement. Due to the time necessary to complete drilling operations and accumulate all drilling costs, estimated working interest percentage ownership rates are utilized to allocate revenues and expenses until the wells are completely drilled and turned on-line into production. Once the wells are completed, the final working interest ownership of the partners is determined and any previously allocated revenues and expenses based on the estimated working interest percentage ownership are adjusted to conform to the final working interest percentage ownership. Revenue Recognition The Partnership generally sells natural gas and crude oil at prevailing market prices. Typically, the Partnership’s sales contracts are based on pricing provisions that are tied to a market index, with certain fixed adjustments based on proximity to gathering and transmission lines and the quality of its natural gas. Generally, the market index is fixed two business days prior to the commencement of the production month. Revenue and the related accounts receivable are recognized when produced quantities are delivered to a custody transfer point, persuasive evidence of a sales arrangement exists, the rights and responsibility of ownership pass to the purchaser upon delivery, collection of revenue from the sale is reasonably assured and the sales price is fixed or determinable. Revenues from the production of natural gas and crude oil, in which the Partnership has an interest with other producers, are recognized on the basis of its percentage ownership of the working interest and/or overriding royalty. The MGP and its affiliates perform all administrative and management functions for the Partnership, including billing revenues and paying expenses. Accounts receivable trade-affiliate on the Partnership’s balance sheets includes the net production revenues due from the MGP. The Partnership accrues unbilled revenue due to timing differences between the delivery of natural gas, crude oil, and condensate and the receipt of a delivery statement. These revenues are recorded based upon volumetric data from the Partnership’s records and management estimates of the related commodity sales and transportation and compression fees, which are, in turn, based upon applicable product prices (See “ - Use of Estimates ”). During the quarter ended September 30, 2014, the Partnership identified an error in its revenue recognition process. As a result, the Partnership overstated its June 30, 2014 unbilled revenues by $26,800. As a result, revenue and net income is overstated by $26,800 for the three and six months ended June 30, 2014. In adjusting for the overstatement of revenue and net income that existed at June 30, 2014, the third quarter revenue is understated by $26,800 and net loss is overstated for the three month period ended September 30, 2014. In addition, there was no impact on Partnership distributions. Refer to the Partnership’s Form 10-Q for the quarter ended September 30, 2014 for further explanation of this error. The Partnership had unbilled revenues at September 30, 2015 of $90,700 which were included in accounts receivable trade-affiliate within the Partnership’s balance sheets. The Partnership had unbilled revenues at December 31, 2014 of $223,900, which was partially offset by $23,900 of amounts due to the MGP, which was included in accounts receivable trade-affiliate within the Partnership’s balance sheets. Comprehensive Income (Loss) Comprehensive income (loss) includes net income (loss) and all other changes in the equity of a business during a period from transactions and other events and circumstances from non-owner sources that, under U.S. GAAP, have not been recognized in the calculation of net income (loss). These changes, other than net income (loss), are referred to as “other comprehensive income (loss)” on the Partnership’s financial statements and, at September 30, 2015, only include changes in the fair value of unsettled derivative contracts which, prior to January 1, 2015, were accounted for as cash flow hedges (See Note 4). The Partnership does not have any other type of transaction which would be included within other comprehensive income (loss). Recently Issued Accounting Standards In January 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-01, Income Statement – Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 205-40) In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition Property, Plant and Equipment, Intangibles – Goodwill and Other .

Asset Retirement Obligations

Asset Retirement Obligations	9 Months Ended
	Sep. 30, 2015
Asset Retirement Obligation Disclosure [Abstract]
ASSET RETIREMENT OBLIGATIONS	NOTE 3 - ASSET RETIREMENT OBLIGATIONS The estimated liability for asset retirement obligations was based on the MGP’s historical experience in plugging and abandoning wells, the estimated remaining lives of those wells based on reserve estimates, external estimates as to the cost to plug and abandon the wells in the future and federal and state regulatory requirements. The liability was discounted using an assumed credit-adjusted risk-free interest rate. Revisions to the liability could occur due to changes in estimates of plugging and abandonment costs or remaining lives of the wells or if federal or state regulators enact new plugging and abandonment requirements. The Partnership has no assets legally restricted for purposes of settling asset retirement obligations. Except for its gas and oil properties, the Partnership determined that there were no other material retirement obligations associated with tangible long-lived assets. The MGP’s historical practice and continued intention is to retain distributions from the limited partners as the wells within the Partnership near the end of their useful life. On a partnership-by-partnership basis, the MGP assesses its right to withhold amounts related to plugging and abandonment costs based on several factors including commodity price trends, the natural decline in the production of the wells and current and future costs. Generally, the MGP’s intention is to retain distributions from the limited partners as the fair value of the future cash flows of the limited partners’ interest approaches the fair value of the future plugging and abandonment cost. Upon the MGP’s decision to retain all future distributions to the limited partners of the Partnership, the MGP will assume the related asset retirement obligations of the limited partners. As of September 30, 2015, the MGP has withheld $45,500 of net production revenue for future plugging and abandonment costs. A reconciliation of the Partnership’s liability for well plugging and abandonment costs for the periods indicated is as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Asset retirement obligation at beginning of period $ 4,529,700 $ 3,305,500 $ 4,403,700 $ 3,210,500 Asset retirement obligations settled - - - (300 ) Accretion expense 63,000 47,600 189,000 142,900 Asset retirement obligation at end of period $ 4,592,700 $ 3,353,100 $ 4,592,700 $ 3,353,100

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	NOTE 4 - DERIVATIVE INSTRUMENTS The MGP, on behalf of the Partnership, uses a number of different derivative instruments, principally swaps, collars and options, in connection with the Partnership’s commodity price risk management activities. Management enters into financial instruments to hedge forecasted commodity sales against the variability in expected future cash flows attributable to changes in market prices. Swap instruments are contractual agreements between counterparties to exchange obligations of money as the underlying commodities are sold. Under commodity-based swap agreements, the Partnership receives or pays a fixed price and receives or remits a floating price based on certain indices for the relevant contract period. Commodity-based put option instruments are contractual agreements that require the payment of a premium and grant the purchaser of the put option the right, but not the obligation, to receive the difference between a fixed, or strike, price and a floating price based on certain indices for the relevant contract period, if the floating price is lower than the fixed price. The put option instrument sets a floor price for commodity sales being hedged. Costless collars are a combination of a purchased put option and a sold call option, in which the premiums net to zero. The costless collar eliminates the initial cost of the purchased put, but places a ceiling price for commodity sales being hedged. The Partnership enters into derivative contracts with various financial institutions, utilizing master contracts based upon the standards set by the International Swaps and Derivatives Association, Inc. These contracts allow for rights of offset at the time of settlement of the derivatives. Due to the right of offset, derivatives are recorded on the Partnership’s balance sheets as assets or liabilities at fair value on the basis of the net exposure to each counterparty. Potential credit risk adjustments are also analyzed based upon the net exposure to each counterparty. Premiums paid for purchased options are recorded on the Partnership’s balance sheets as the initial value of the options. The Partnership reflected net derivative assets on its balance sheets of $33,500 and $37,600 at September 30, 2015 and December 31, 2014, respectively. As a result of the put options, the Partnership recorded a net deferred gain on its balance sheet in accumulated other comprehensive income of $3,400 as of September 30, 2015. During the nine months ended September 30, 2015, $5,000 of net gains were recorded by the Partnership and allocated only to the limited partners. Of the $3,400 of deferred gains in accumulated other comprehensive income on the Partnership’s balance sheet at September 30, 2015, the Partnership will reclassify $3,100 of gains to its statement of operations over the next twelve month period as these contracts expire with the remaining gains of $300 being reclassified to the Partnership’s statements of operations in later periods as the remaining contracts expire. The following table summarizes the gains or losses recognized within the statements of operations for derivative instruments previously designated as cash flow hedges for the periods indicated: Three Months Ended Nine Months Ended 2015 2014 2015 2014 (Loss) gain reclassified from accumulated other comprehensive income into natural gas and oil revenues $ (3,400 ) $ 2,600 $ 6,700 $ 25,400 Gain subsequent to December 31, 2014 recognized in gain on mark-to-market derivatives $ 14,200 $ - $ 14,600 $ - The Partnership enters into commodity future option and collar contracts to achieve more predictable cash flows by hedging its exposure to changes in commodity prices. At any point in time, such contracts may include regulated NYMEX futures and options contracts and non-regulated over-the-counter futures contracts with qualified counterparties. NYMEX contracts are generally settled with offsetting positions, but may be settled by the physical delivery of the commodity. At September 30, 2015, the Partnership had the following commodity derivatives: Natural Gas Put Options Production Volumes Average Fixed Price Fair Value (2) (MMBtu) (1) (per MMBtu) (1) 2015 4,900 $ 4.00 $ 6,900 2016 19,600 4.15 26,600 Total net assets $ 33,500 (1) “MMBtu” represents million British Thermal Units. (2) Fair value based on forward NYMEX natural gas prices, as applicable. Put Premiums Payable During June 2012, a premium (“put premium”) was paid to purchase the contracts and will be allocated to natural gas production revenues generated over the contractual term of the purchased hedging instruments. At September 30, 2015 and December 31, 2014, $14,500 and $13,100, respectively, of the put premiums were recorded as short-term payables to affiliate and $3,800 and $15,000, respectively, were recorded as long-term payables to affiliate.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	NOTE 5 - FAIR VALUE OF FINANCIAL INSTRUMENTS The Partnership has established a hierarchy to measure its financial instruments at fair value, which requires it to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Observable inputs represent market data obtained from independent sources, whereas unobservable inputs reflect the Partnership’s own market assumptions, which are used if observable inputs are not reasonably available without undue cost and effort. The hierarchy defines three levels of inputs that may be used to measure fair value: Level 1 – Unadjusted quoted prices in active markets for identical, unrestricted assets and liabilities that the reporting entity has the ability to access at the measurement date. Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability. Level 3 Unobservable inputs that reflect the entity’s own assumptions about the assumptions market participants would use in the pricing of the asset or liability and are consequently not based on market activity but rather through particular valuation techniques. Assets and Liabilities Measured at Fair Value on a Recurring Basis The Partnership uses a market approach fair value methodology to value the assets and liabilities for its outstanding derivative contracts (See Note 4). The Partnership manages and reports the derivative assets and liabilities on the basis of its net exposure to market risks and credit risks by counterparty. The Partnership’s commodity derivative contracts are valued based on observable market data related to the change in price of the underlying commodity and are therefore defined as Level 2 assets and liabilities within the same class of nature and risk. The fair values of these derivative instruments are calculated by utilizing commodity indices, quoted prices for futures and options contracts traded on open markets that coincide with the underlying commodity, expiration period, strike price (if applicable) and the pricing formula utilized in the derivative instrument. Information for assets measured at fair value at September 30, 2015 and December 31, 2014 was as follows: Level 1 Level 2 Level 3 Total As of September 30, 2015 Derivative assets, gross Commodity puts $ - $ 33,500 $ - $ 33,500 Level 1 Level 2 Level 3 Total As of December 31, 2014 Derivative assets, gross Commodity puts $ - $ 37,600 $ - $ 37,600 Other Financial Instruments The estimated fair value of the Partnership’s other financial instruments has been determined based upon its assessment of available market information and valuation methodologies. However, these estimates may not necessarily be indicative of the amounts that the Partnership could realize upon the sale of such financial instruments. The Partnership’s other current assets and liabilities on its balance sheets are considered to be financial instruments. The estimated fair values of these instruments approximate their carrying amounts due to their short-term nature and thus are categorized as Level 1. Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis The Partnership estimates the fair value of its asset retirement obligations based on discounted cash flow projections using numerous estimates, assumptions and judgments regarding such factors at the date of establishment of an asset retirement obligation such as: amounts and timing of settlements, the credit-adjusted risk-free rate of the Partnership and estimated inflation rates (See Note 3). There were no additional assets or liabilities that were measured at fair value on a nonrecurring basis for the three and nine months ended September 30, 2015 and 2014. Management estimates the fair value of the Partnership’s long-lived assets in connection with reviewing these assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable, using estimates, assumptions and judgments regarding such events or circumstances. During the three and nine months ended September 30, 2015, the Partnership recognized $1,281,200 of impairment related to gas and oil properties. These estimates of fair value are Level 3 measurements as they are based upon unobservable inputs. No impairments were recognized during the three and nine months ended September 30, 2014.

Certain Relationships and Relat

Certain Relationships and Related Party Transactions	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS	NOTE 6 - CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS The Partnership has entered into the following significant transactions with the MGP and its affiliates as provided under its Partnership Agreement. Administrative costs, which are included in general and administrative expenses in the Partnership’s statements of operations, are payable at $75 per well per month. Monthly well supervision fees, which are included in production expenses in the Partnership’s statements of operations, are payable at $376 per well per month for operating and maintaining the wells. Well supervision fees are proportionately reduced to the extent the Partnership does not acquire 100% of the working interest in a well. Transportation fees are included in production expenses in the Partnership’s statements of operations and are generally payable at 13% of the natural gas sales price. Direct costs, which are included in production and general administrative expenses in the Partnership’s statements of operations, are payable to the MGP and its affiliates as reimbursement for all costs expended on the Partnership’s behalf. The following table provides information with respect to these costs and the periods incurred: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Administrative fees $ 28,200 $ 34,100 $ 95,700 $ 101,300 Supervision fees 141,300 170,800 479,600 507,600 Transportation fees 29,400 48,000 99,300 197,000 Direct costs 66,400 95,900 233,700 274,900 Total $ 265,300 $ 348,800 $ 908,300 $ 1,080,800 The MGP and its affiliates perform all administrative and management functions for the Partnership, including billing revenues and paying expenses. Accounts payable trade-affiliate on the Partnership’s balance sheets includes the net production expenses due to the MGP as of September 30, 2015. Accounts receivable trade-affiliate on the Partnership’s balance sheets includes the net production expenses due from the MGP as of December 31, 2014.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2015
Commitments And Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7 - COMMITMENTS AND CONTINGENCIES General Commitments Subject to certain conditions, limited partners may present their interests for purchase by the MGP. The purchase price is calculated by the MGP in accordance with the terms of the Partnership Agreement. The MGP is not obligated to purchase more than 5% of the total outstanding units in any calendar year. In the event that the MGP is unable to obtain the necessary funds, it may suspend its purchase obligation. Beginning one year after each of the Partnership’s wells has been placed into production, the MGP, as operator, may retain $200 per month per well to cover estimated future plugging and abandonment costs. As of September 30, 2015, the MGP has withheld $45,500 of net production revenue for future plugging and abandonment costs. Legal Proceedings The Partnership is a party to various routine legal proceedings arising out of the ordinary course of its business. Management believes that none of these actions, individually or in the aggregate, will have a material adverse effect on the Partnership’s financial condition or results of operations. Affiliates of the MGP and their subsidiaries are party to various routine legal proceedings arising in the ordinary course of their respective businesses. The MGP’s management believes that none of these actions, individually or in the aggregate, will have a material adverse effect on the MGP’s financial condition or results of operations.

Summary of Significant Accoun15

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of the Partnership’s financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities that exist at the date of the Partnership’s financial statements, as well as the reported amounts of revenues and costs and expenses during the reporting periods. The Partnership’s financial statements are based on a number of significant estimates, including revenue and expense accruals, depletion, asset impairments, fair value of derivative instruments and the probability of forecasted transactions. Actual results could differ from those estimates. The natural gas industry principally conducts its business by processing actual transactions as many as 60 days after the month of delivery. Consequently, the most recent two months’ financial results were recorded using estimated volumes and contract market prices. Differences between estimated and actual amounts are recorded in the following months’ financial results. Management believes that the operating results presented for the three and nine months ended September 30, 2015 and 2014 represent actual results in all material respects (See “ - Revenue Recognition”
Accounts Receivable	Accounts Receivable Accounts receivable on the balance sheets consist solely of the trade accounts receivable associated with the Partnership’s operations. In evaluating the realizability of the Partnership’s accounts receivable, the MGP performs ongoing credit evaluations of the Partnership’s customers and adjusts credit limits based upon payment history and the customers’ current creditworthiness, as determined by review of such customers’ credit information. Credit is extended on an unsecured basis to many of the Partnership’s energy customers. At September 30, 2015 and December 31, 2014, the MGP’s credit evaluation indicated that the Partnership had no need for an allowance for uncollectible accounts receivable.
Gas and Oil Properties	Gas and Oil Properties Gas and oil properties are stated at cost. Maintenance and repairs which generally do not extend the useful life of an asset for two years or more through the replacement of critical components are expensed as incurred. Major renewals and improvements that generally extend the useful life of an asset for two years or more through the replacement of critical components are capitalized. The Partnership follows the successful efforts method of accounting for gas and oil producing activities. Oil is converted to gas equivalent basis (“Mcfe”) at the rate of one barrel of oil to six Mcf of natural gas. Mcf is defined as one thousand cubic feet. The Partnership’s depletion expense is determined on a field-by-field basis using the units-of-production method. Depletion rates for lease, well and related equipment costs are based on proved developed reserves associated with each field. Depletion rates are determined based on reserve quantity estimates and the capitalized cost of developed producing properties. The Partnership recorded depletion expense on natural gas and oil properties of $124,000 and $240,700 for the nine months ended September 30, 2015 and 2014, respectively. Upon the sale or retirement of a complete field of a proved property, the cost is eliminated from the property accounts and the resultant gain or loss is reclassified to the Partnership’s statements of operations. Upon the sale of an individual well, the Partnership credits the proceeds to accumulated depletion within its balance sheets. The following is a summary of gas and oil properties at the dates indicated: September 30, December 31, 2015 2014 Proved properties: Leasehold interests $ 1,684,000 $ 1,684,000 Wells and related equipment 86,777,600 86,777,900 Total natural gas and oil properties 88,461,600 88,461,900 Accumulated depletion and impairment (86,536,900 ) (85,131,700 ) Gas and oil properties, net $ 1,924,700 $ 3,330,200
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Partnership reviews its long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. If it is determined that an asset’s estimated future cash flows will not be sufficient to recover its carrying amount, an impairment charge will be recorded to reduce the carrying amount of that asset to its estimated fair value if such carrying amount exceeds the fair value. The review of the Partnership’s gas and oil properties is done on a field-by-field basis by determining if the historical cost of proved properties less the applicable accumulated depletion and impairment is less than the estimated expected undiscounted future cash flows including salvage. The expected future cash flows are estimated based on the Partnership’s plans to continue to produce and develop proved reserves. Expected future cash flow from the sale of the production of reserves is calculated based on estimated future prices. The Partnership estimates prices based upon current contracts in place, adjusted for basis differentials and market related information, including published futures prices. The estimated future level of production is based on assumptions surrounding future prices and costs, field decline rates, market demand and supply and the economic and regulatory climates. If the carrying value exceeds the expected future cash flows, an impairment loss is recognized for the difference between the estimated fair market value (as determined by the discounted cash flows) and the carrying value of the assets. The determination of natural gas and oil reserve estimates is a subjective process, and the accuracy of any reserve estimate depends on the quality of available data and the application of engineering and geological interpretation and judgment. Estimates of economically recoverable reserves and future net cash flows depend on a number of variable factors and assumptions that are difficult to predict and may vary considerably from actual results. In addition, reserve estimates for wells with limited or no production history are less reliable than those based on actual production. Estimated reserves are often subject to future revisions, which could be substantial, based on the availability of additional information which could cause the assumptions to be modified. The Partnership cannot predict what reserve revisions may be required in future periods. During the three and nine months ended September 30, 2015, the Partnership recognized $1,281,200 of impairment related to gas and oil properties. There was no impairment of gas and oil properties recorded for the three and nine months ended September 30, 2014. The impairment relates to the carrying amount of these gas and oil properties being in excess of the Partnership’s estimate of their fair value at September 30, 2015. The estimate of the fair value of these gas and oil properties was impacted by, among other factors, the deterioration of natural gas and oil prices at the date of measurement.
Derivative Instruments	Derivative Instruments The Partnership’s MGP enters into certain financial contracts to manage the Partnership’s exposure to movement in commodity prices (See Note 4). The derivative instruments recorded on the balance sheets were measured as either an asset or liability at fair value. Changes in a derivative instrument’s fair value are recognized currently in the Partnership’s statements of operations unless specific hedge accounting criteria are met. On January 1, 2015, the Partnership discontinued hedge accounting through de-designation for all of its existing commodity derivatives which were qualified as hedges. As such, subsequent changes in fair value after December 31, 2014 of these derivatives are recognized immediately within gain (loss) on mark-to-market derivatives in the Partnership’s statements of operations, while the fair values of the instruments recorded in accumulated other comprehensive income as of December 31, 2014 will be reclassified to the statements of operations in the periods in which those respective derivative contracts settle. Prior to discontinuance of hedge accounting, the fair value of these commodity derivative instruments was recognized in accumulated other comprehensive income (loss) within partners’ capital on the Partnership’s balance sheets and reclassified to the Partnership’s statements of operations at the time the originally hedged physical transactions affected earnings.
Asset Retirement Obligations	Asset Retirement Obligations The Partnership recognizes an estimated liability for the plugging and abandonment of its gas and oil wells (See Note 3). The Partnership recognizes a liability for its future asset retirement obligations in the current period if a reasonable estimate of the fair value of that liability can be made. The associated asset retirement costs are capitalized as part of the carrying amount of the long-lived asset. The Partnership also considers the estimated salvage value in the calculation of depletion.
Income Taxes	Income Taxes The Partnership is not subject to U.S. federal and most state income taxes. The partners of the Partnership are liable for income tax in regard to their distributive share of the Partnership’s taxable income. Such taxable income may vary substantially from net income reported in the accompanying financial statements. The federal and state income taxes related to the Partnership were immaterial to the financial statements and are recorded in pre-tax income on a current basis only. Accordingly, no federal or state deferred income tax has been provided for in the accompanying financial statements. The Partnership evaluates tax positions taken or expected to be taken in the course of preparing the Partnership’s tax returns and disallows the recognition of tax positions not deemed to meet a “more-likely-than-not” threshold of being sustained by the applicable tax authority. The Partnership’s MGP does not believe it has any tax positions taken within its financial statements that would not meet this threshold. The Partnership’s policy is to reflect interest and penalties related to uncertain tax positions, when and if they become applicable. The Partnership has not recognized any potential interest or penalties in its consolidated financial statements for the three and nine months ended September 30, 2015 and 2014. The Partnership files Partnership Returns of Income in the U.S. and various state jurisdictions. With few exceptions, the Partnership is no longer subject to income tax examinations by major tax authorities for years prior to 2011. The Partnership is not currently being examined by any jurisdiction and is not aware of any potential examinations as of September 30, 2015.
Working Interest	Working Interest The Partnership Agreement establishes that revenues and expenses will be allocated to the MGP and limited partners based on their ratio of capital contributions to total contributions (“working interest”). The MGP is also provided an additional working interest of 7% as provided in the Partnership Agreement. Due to the time necessary to complete drilling operations and accumulate all drilling costs, estimated working interest percentage ownership rates are utilized to allocate revenues and expenses until the wells are completely drilled and turned on-line into production. Once the wells are completed, the final working interest ownership of the partners is determined and any previously allocated revenues and expenses based on the estimated working interest percentage ownership are adjusted to conform to the final working interest percentage ownership.
Revenue Recognition	Revenue Recognition The Partnership generally sells natural gas and crude oil at prevailing market prices. Typically, the Partnership’s sales contracts are based on pricing provisions that are tied to a market index, with certain fixed adjustments based on proximity to gathering and transmission lines and the quality of its natural gas. Generally, the market index is fixed two business days prior to the commencement of the production month. Revenue and the related accounts receivable are recognized when produced quantities are delivered to a custody transfer point, persuasive evidence of a sales arrangement exists, the rights and responsibility of ownership pass to the purchaser upon delivery, collection of revenue from the sale is reasonably assured and the sales price is fixed or determinable. Revenues from the production of natural gas and crude oil, in which the Partnership has an interest with other producers, are recognized on the basis of its percentage ownership of the working interest and/or overriding royalty. The MGP and its affiliates perform all administrative and management functions for the Partnership, including billing revenues and paying expenses. Accounts receivable trade-affiliate on the Partnership’s balance sheets includes the net production revenues due from the MGP. The Partnership accrues unbilled revenue due to timing differences between the delivery of natural gas, crude oil, and condensate and the receipt of a delivery statement. These revenues are recorded based upon volumetric data from the Partnership’s records and management estimates of the related commodity sales and transportation and compression fees, which are, in turn, based upon applicable product prices (See “ - Use of Estimates ”). During the quarter ended September 30, 2014, the Partnership identified an error in its revenue recognition process. As a result, the Partnership overstated its June 30, 2014 unbilled revenues by $26,800. As a result, revenue and net income is overstated by $26,800 for the three and six months ended June 30, 2014. In adjusting for the overstatement of revenue and net income that existed at June 30, 2014, the third quarter revenue is understated by $26,800 and net loss is overstated for the three month period ended September 30, 2014. In addition, there was no impact on Partnership distributions. Refer to the Partnership’s Form 10-Q for the quarter ended September 30, 2014 for further explanation of this error. The Partnership had unbilled revenues at September 30, 2015 of $90,700 which were included in accounts receivable trade-affiliate within the Partnership’s balance sheets. The Partnership had unbilled revenues at December 31, 2014 of $223,900, which was partially offset by $23,900 of amounts due to the MGP, which was included in accounts receivable trade-affiliate within the Partnership’s balance sheets.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) includes net income (loss) and all other changes in the equity of a business during a period from transactions and other events and circumstances from non-owner sources that, under U.S. GAAP, have not been recognized in the calculation of net income (loss). These changes, other than net income (loss), are referred to as “other comprehensive income (loss)” on the Partnership’s financial statements and, at September 30, 2015, only include changes in the fair value of unsettled derivative contracts which, prior to January 1, 2015, were accounted for as cash flow hedges (See Note 4). The Partnership does not have any other type of transaction which would be included within other comprehensive income (loss).
Recently Issued Accounting Standards	Recently Issued Accounting Standards In January 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-01, Income Statement – Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 205-40) In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition Property, Plant and Equipment, Intangibles – Goodwill and Other .

Summary of Significant Accoun16

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2015
Accounting Policies [Abstract]
Summary of Gas and Oil Properties	The following is a summary of gas and oil properties at the dates indicated: September 30, December 31, 2015 2014 Proved properties: Leasehold interests $ 1,684,000 $ 1,684,000 Wells and related equipment 86,777,600 86,777,900 Total natural gas and oil properties 88,461,600 88,461,900 Accumulated depletion and impairment (86,536,900 ) (85,131,700 ) Gas and oil properties, net $ 1,924,700 $ 3,330,200

Asset Retirement Obligations (T

Asset Retirement Obligations (Tables)	9 Months Ended
	Sep. 30, 2015
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Asset Retirement Obligations	A reconciliation of the Partnership’s liability for well plugging and abandonment costs for the periods indicated is as follows: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Asset retirement obligation at beginning of period $ 4,529,700 $ 3,305,500 $ 4,403,700 $ 3,210,500 Asset retirement obligations settled - - - (300 ) Accretion expense 63,000 47,600 189,000 142,900 Asset retirement obligation at end of period $ 4,592,700 $ 3,353,100 $ 4,592,700 $ 3,353,100

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summary of Gains or Losses Recognized Within Statements of Operations for Derivative Instruments Previously Designated as Cash Flow Hedges	The following table summarizes the gains or losses recognized within the statements of operations for derivative instruments previously designated as cash flow hedges for the periods indicated: Three Months Ended Nine Months Ended 2015 2014 2015 2014 (Loss) gain reclassified from accumulated other comprehensive income into natural gas and oil revenues $ (3,400 ) $ 2,600 $ 6,700 $ 25,400 Gain subsequent to December 31, 2014 recognized in gain on mark-to-market derivatives $ 14,200 $ - $ 14,600 $ -
Commodity Derivatives	At September 30, 2015, the Partnership had the following commodity derivatives: Natural Gas Put Options Production Volumes Average Fixed Price Fair Value (2) (MMBtu) (1) (per MMBtu) (1) 2015 4,900 $ 4.00 $ 6,900 2016 19,600 4.15 26,600 Total net assets $ 33,500 (1) “MMBtu” represents million British Thermal Units. (2) Fair value based on forward NYMEX natural gas prices, as applicable.

Fair Value of Financial Instr19

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Assets Measured at Fair Value on a Recurring Basis	Information for assets measured at fair value at September 30, 2015 and December 31, 2014 was as follows: Level 1 Level 2 Level 3 Total As of September 30, 2015 Derivative assets, gross Commodity puts $ - $ 33,500 $ - $ 33,500 Level 1 Level 2 Level 3 Total As of December 31, 2014 Derivative assets, gross Commodity puts $ - $ 37,600 $ - $ 37,600

Certain Relationships and Rel20

Certain Relationships and Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2015
Related Party Transactions [Abstract]
Certain Relationships and Related Party Transactions	The following table provides information with respect to these costs and the periods incurred: Three Months Ended Nine Months Ended 2015 2014 2015 2014 Administrative fees $ 28,200 $ 34,100 $ 95,700 $ 101,300 Supervision fees 141,300 170,800 479,600 507,600 Transportation fees 29,400 48,000 99,300 197,000 Direct costs 66,400 95,900 233,700 274,900 Total $ 265,300 $ 348,800 $ 908,300 $ 1,080,800

Description of Business (Detail

Description of Business (Details)	Feb. 27, 2015	Sep. 30, 2015
Description Of Business [Line Items]
Atlas America Series 27-2006 L.P. Formation Date		Jul. 21, 2006
Atlas Energy Group | Atlas Energy | Spin Off
Description Of Business [Line Items]
Percentage of limited liability company interests distributed to unitholders	100.00%

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($)	3 Months Ended			6 Months Ended	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2014	Jun. 30, 2014	Sep. 30, 2015	Sep. 30, 2014	Dec. 31, 2014
Summary Of Significant Accounting Policies [Line Items]
Allowance for Uncollectible Accounts Receivable	$ 0				$ 0		$ 0
Depletion of Oil and Gas Properties	39,000	$ 85,900			124,000	$ 240,700
Impairment	1,281,200	0			1,281,200	0
Federal or state deferred income tax					0
Income tax, penalties and interest expense	0	0			$ 0	0
Additional working interest					7.00%
Unbilled Revenues	90,700				$ 90,700		223,900
Total revenues	169,000	362,900			647,900	1,544,000
Net loss	$ (1,479,500)	(119,400)			$ (1,854,600)	79,600
Distributions to partners						$ 575,600
Due to affiliate							$ 23,900
Overestimated Unbilled Revenues
Summary Of Significant Accounting Policies [Line Items]
Unbilled Revenues			$ 26,800	$ 26,800
Total revenues			26,800	26,800
Net loss			$ 26,800	$ 26,800
Adjustment for Overstatement | Overestimated Unbilled Revenues
Summary Of Significant Accounting Policies [Line Items]
Total revenues		(26,800)
Net loss		(26,800)
Distributions to partners		$ 0

Summary of Significant Accoun23

Summary of Significant Accounting Policies (Summary of Gas and Oil Properties) (Details) - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Property Plant And Equipment [Line Items]
Total natural gas and oil properties	$ 88,461,600	$ 88,461,900
Accumulated depletion and impairment	(86,536,900)	(85,131,700)
Gas and oil properties, net	1,924,700	3,330,200
Leasehold interests
Property Plant And Equipment [Line Items]
Total natural gas and oil properties	1,684,000	1,684,000
Wells and related equipment
Property Plant And Equipment [Line Items]
Total natural gas and oil properties	$ 86,777,600	$ 86,777,900

Asset Retirement Obligations (N

Asset Retirement Obligations (Narrative) (Details)	9 Months Ended
	Sep. 30, 2015USD ($)
Asset Retirement Obligation Disclosure [Abstract]
Net production revenue for future plugging and abandonment costs	$ 45,500

Asset Retirement Obligations (S

Asset Retirement Obligations (Schedule of Asset Retirement Obligations) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Asset Retirement Obligations, Roll Forward Analysis [Roll Forward]
Asset retirement obligation at beginning of period	$ 4,529,700	$ 3,305,500	$ 4,403,700	$ 3,210,500
Asset retirement obligations settled				(300)
Accretion expense	63,000	47,600	189,000	142,900
Asset retirement obligation at end of period	$ 4,592,700	$ 3,353,100	$ 4,592,700	$ 3,353,100

Derivative Instruments (Narrati

Derivative Instruments (Narrative) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2015	Dec. 31, 2014
Derivative [Line Items]
Net derivative assets	$ 33,500	$ 37,600
Accumulated other comprehensive income	3,400	9,400
Current portion of put premiums payable-affiliate	14,500	13,100
Long-term put premiums payable-affiliate	3,800	$ 15,000
Other Comprehensive Income
Derivative [Line Items]
Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months	3,100
Net Deferred Gain (Loss) to be Reclassified into Net Income in Later Periods	300
Allocation To Limited Partner Only | Other Comprehensive Income
Derivative [Line Items]
Net Derivative Gains (Losses) Limited Partner	$ 5,000

Derivative Instruments (Summary

Derivative Instruments (Summary of Gains or Losses Recognized Within Statements of Operations for Derivative Instruments Previously Designated as Cash Flow Hedges) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Derivative Instruments And Hedging Activities Disclosure [Abstract]
(Loss) gain reclassified from accumulated other comprehensive income into natural gas and oil revenues	$ (3,400)	$ 2,600	$ 6,700	$ 25,400
Gain subsequent to December 31, 2014 recognized in gain on mark-to-market derivatives	$ 14,200		$ 14,600

Derivative Instruments (Commodi

Derivative Instruments (Commodity Derivatives) (Details)		9 Months Ended
		Sep. 30, 2015USD ($)MMBTU$ / MMBTU	Dec. 31, 2014USD ($)
Derivative [Line Items]
Fair Value Asset		$ 33,500	$ 37,600
Natural Gas Put Options
Derivative [Line Items]
Fair Value Asset	[1]	$ 33,500
Natural Gas Put Options | Production Period Ending December 31, 2015
Derivative [Line Items]
Volumes | MMBTU	[2]	4,900
Average Fixed Price (per MMBtu) | $ / MMBTU	[2]	4
Fair Value Asset	[1]	$ 6,900
Natural Gas Put Options | Production Period Ending December 31, 2016
Derivative [Line Items]
Volumes | MMBTU	[2]	19,600
Average Fixed Price (per MMBtu) | $ / MMBTU	[2]	4.15
Fair Value Asset	[1]	$ 26,600
[1]	Fair value based on forward NYMEX natural gas prices, as applicable.
[2]	“MMBtu” represents million British Thermal Units.

Fair Value of Financial Instr29

Fair Value of Financial Instruments (Assets Measured at Fair Value on a Recurring Basis) (Details) - Commodity Puts - USD ($)	Sep. 30, 2015	Dec. 31, 2014
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative assets, gross	$ 33,500	$ 37,600
Fair Value, Inputs, Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative assets, gross	$ 33,500	$ 37,600

Fair Value of Financial Instr30

Fair Value of Financial Instruments (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Fair Value Disclosures [Abstract]
Assets measured at fair value on nonrecurring basis	$ 0	$ 0	$ 0	$ 0
Liabilities measured at fair value on nonrecurring basis	0	0	0	0
Impairment	$ 1,281,200	$ 0	$ 1,281,200	$ 0

Certain Relationships and Rel31

Certain Relationships and Related Party Transactions (Narrative) (Details) - MGP and Affiliates	9 Months Ended
	Sep. 30, 2015$ / mo
Administrative
Related Party Transaction [Line Items]
Monthly Administrative Costs Per Well	75
Supervision
Related Party Transaction [Line Items]
Monthly Supervision Fees Per Well	376
Transportation
Related Party Transaction [Line Items]
Transportation Fee Rate As Percentage Of Natural Gas Sales Price	13.00%

Certain Relationships and Rel32

Certain Relationships and Related Party Transactions (Certain Relationships and Related Party Transactions) (Details) - MGP and Affiliates - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	$ 265,300	$ 348,800	$ 908,300	$ 1,080,800
Administrative fees
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	28,200	34,100	95,700	101,300
Supervision fees
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	141,300	170,800	479,600	507,600
Transportation fees
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	29,400	48,000	99,300	197,000
Direct Costs
Related Party Transaction [Line Items]
Related Party Transaction, Expenses from Transactions with Related Party	$ 66,400	$ 95,900	$ 233,700	$ 274,900

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details)	9 Months Ended
	Sep. 30, 2015USD ($)$ / mo
Commitments And Contingencies Disclosure [Abstract]
Investor Partners Ownership Interest Presented For Purchase By The MGP, Maximum Percentage	5.00%
Operator Fee Per Well To Cover Estimated Future Plugging And Abandonment Costs, Monthly	200
Net production revenue for future plugging and abandonment costs | $	$ 45,500