Price and Interest Rate Risk Management Activities (Details) (USD $) | 6 Months Ended |
Jun. 30, 2014 |
MMBTU |
Fair value of derivatives [Abstract] | ' | |
Maximum potential loss due to credit risk | $62,500,000 | |
Fixed-Price Swaps [Member] | Gas [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 35,450,360 | |
Weighted average fixed price (in dollars per unit) | 4.42 | |
Fixed-Price Swaps [Member] | Gas [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 69,532,500 | |
Weighted average fixed price (in dollars per unit) | 4.39 | |
Fixed-Price Swaps [Member] | Gas [Member] | January 1, 2016 - December 31, 2016 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 53,253,000 | |
Weighted average fixed price (in dollars per unit) | 4.48 | |
Fixed-Price Swaps [Member] | Gas [Member] | January 1, 2017 to December 31, 2017 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 25,852,000 | |
Weighted average fixed price (in dollars per unit) | 4.32 | |
Fixed-Price Swaps [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 915,400 | |
Weighted average fixed price (in dollars per unit) | 90.83 | |
Fixed-Price Swaps [Member] | Oil [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 692,000 | |
Weighted average fixed price (in dollars per unit) | 91.18 | |
Fixed-Price Swaps [Member] | Oil [Member] | January 1, 2016 - December 31, 2016 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 146,400 | |
Weighted average fixed price (in dollars per unit) | 89.98 | |
Fixed-Price Swaps [Member] | Oil [Member] | January 1, 2017 to December 31, 2017 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 73,000 | |
Weighted average fixed price (in dollars per unit) | 86.6 | |
Fixed-Price Swaps [Member] | Natural Gas Liquids [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 138,000 | |
Weighted average fixed price (in dollars per unit) | 40.87 | |
Fixed-Price Swaps [Member] | Natural Gas Liquids [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 91,250 | |
Weighted average fixed price (in dollars per unit) | 42 | |
Fixed-Price Swaps [Member] | Natural Gas Liquids [Member] | January 1, 2016 - December 31, 2016 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 0 | |
Weighted average fixed price (in dollars per unit) | 0 | |
Fixed-Price Swaps [Member] | Natural Gas Liquids [Member] | January 1, 2017 to December 31, 2017 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 0 | |
Weighted average fixed price (in dollars per unit) | 0 | |
Swaptions and Call Options Sold [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 248,400 | |
Weighted average fixed price (in dollars per unit) | 102.41 | |
Swaptions and Call Options Sold [Member] | Oil [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 598,945 | |
Weighted average fixed price (in dollars per unit) | 104.32 | |
Swaptions and Call Options Sold [Member] | Oil [Member] | January 1, 2016 - December 31, 2016 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 622,200 | |
Weighted average fixed price (in dollars per unit) | 125 | |
Basis Swaps [Member] | Gas [Member] | July 1, 2014 to December 31, 2014 [Member] | NW Rocky Mt-Henry Hub Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 14,720,000 | |
Weighted average basis differential (in dollars per unit) | -0.2 | |
Basis Swaps [Member] | Gas [Member] | January 1, 2015 - December 31, 2015 [Member] | NW Rocky Mt-Henry Hub Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 29,200,000 | |
Weighted average basis differential (in dollars per unit) | -0.28 | |
Basis Swaps [Member] | Gas [Member] | January 1, 2016 - December 31, 2016 [Member] | NW Rocky Mt-Henry Hub Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 18,300,000 | |
Weighted average basis differential (in dollars per unit) | -0.24 | |
Basis Swaps [Member] | Gas [Member] | January 1, 2017 to December 31, 2017 [Member] | NW Rocky Mt-Henry Hub Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 10,950,000 | |
Weighted average basis differential (in dollars per unit) | -0.22 | |
Basis Swaps [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | Midland-Cushing Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 294,400 | |
Weighted average basis differential (in dollars per unit) | -0.84 | |
Basis Swaps [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | WTS-Cushing Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 165,600 | |
Weighted average basis differential (in dollars per unit) | -1.05 | |
Basis Swaps [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | LLS-Brent Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 92,000 | |
Weighted average basis differential (in dollars per unit) | -3.95 | |
Basis Swaps [Member] | Oil [Member] | January 1, 2015 - December 31, 2015 [Member] | Midland-Cushing Index [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 365,000 | |
Weighted average basis differential (in dollars per unit) | -0.9 | |
Three-Way Collars [Member] | Gas [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 1,840,000 | |
Floor (in dollars per unit) | 4.21 | |
Ceiling (in dollars per unit) | 5 | |
Derivative, Price Risk Option Strike Price | 3.5 | |
Three-Way Collars [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 653,200 | |
Floor (in dollars per unit) | 93.52 | |
Ceiling (in dollars per unit) | 101.29 | |
Derivative, Price Risk Option Strike Price | 72.54 | |
Three-Way Collars [Member] | Oil [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 1,838,055 | |
Floor (in dollars per unit) | 91.99 | |
Ceiling (in dollars per unit) | 99.75 | |
Derivative, Price Risk Option Strike Price | 74.16 | |
Three-Way Collars [Member] | Oil [Member] | January 1, 2016 - December 31, 2016 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 915,000 | |
Floor (in dollars per unit) | 90 | |
Ceiling (in dollars per unit) | 96.25 | |
Derivative, Price Risk Option Strike Price | 70 | |
Puts [Member] | Gas [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 1,840,000 | |
Weighted average price (in dollars per unit) | 3.5 | |
Puts [Member] | Gas [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 7,300,000 | |
Weighted average price (in dollars per unit) | 3.5 | |
Puts [Member] | Gas [Member] | January 1, 2016 - December 31, 2016 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 0 | |
Weighted average price (in dollars per unit) | 0 | |
Puts [Member] | Gas [Member] | January 1, 2017 to December 31, 2017 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future gas production (in units) | 0 | |
Weighted average price (in dollars per unit) | 0 | |
Puts [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 36,800 | |
Weighted average price (in dollars per unit) | 75 | |
Puts [Member] | Oil [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 692,000 | |
Weighted average price (in dollars per unit) | 72.36 | |
Puts [Member] | Oil [Member] | January 1, 2016 - December 31, 2016 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 146,400 | |
Weighted average price (in dollars per unit) | 75 | |
Puts [Member] | Oil [Member] | January 1, 2017 to December 31, 2017 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Anticipated future oil production (in units) | 73,000 | |
Weighted average price (in dollars per unit) | 75 | |
Range Bonus Accumulators [Member] | Gas [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Floor (in dollars per unit) | 3.25 | |
Ceiling (in dollars per unit) | 4.75 | |
Notional amount (in MMBtu) | 736,000 | |
Bonus (in dollars per unit) | 0.2 | |
Range Bonus Accumulators [Member] | Gas [Member] | January 1, 2015 - December 31, 2015 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Floor (in dollars per unit) | 3.25 | |
Ceiling (in dollars per unit) | 4.75 | |
Notional amount (in MMBtu) | 1,460,000 | |
Bonus (in dollars per unit) | 0.2 | |
Range Bonus Accumulators [Member] | Oil [Member] | July 1, 2014 to December 31, 2014 [Member] | ' | |
Commodity derivative contracts covering our anticipated future production [Abstract] | ' | |
Floor (in dollars per unit) | 70.5 | |
Ceiling (in dollars per unit) | 103.2 | |
Notional amount (in BBls) | 460,000 | |
Bonus (in dollars per unit) | 4.94 | |
Interest Rate Swaps [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 360,000,000 | |
Interest Rate Swaps [Member] | Contract Period December 10, 2015 to December 10, 2017 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Fixed Libor Rates (in hundredths) | 0.91% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to December 10, 2016 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 20,000,000 | |
Fixed Libor Rates (in hundredths) | 2.17% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to October 31, 2016 Swap A [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 40,000,000 | |
Fixed Libor Rates (in hundredths) | 1.65% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to August 5, 2015 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 30,000,000 | [1] |
Fixed Libor Rates (in hundredths) | 2.25% | [1] |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to August 6, 2016 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 25,000,000 | |
Fixed Libor Rates (in hundredths) | 1.80% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to October 31, 2016 Swap B [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 20,000,000 | |
Fixed Libor Rates (in hundredths) | 1.78% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to September 23, 2016 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 75,000,000 | |
Fixed Libor Rates (in hundredths) | 1.15% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to March 7, 2016 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 75,000,000 | |
Fixed Libor Rates (in hundredths) | 1.08% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to September 7, 2016 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | 25,000,000 | |
Fixed Libor Rates (in hundredths) | 1.25% | |
Interest Rate Swaps [Member] | Contract period July 1, 2014 to December 10, 2015 [Member] | ' | |
Interest rate derivative contracts [Abstract] | ' | |
Notional amount | $50,000,000 | [2] |
Fixed Libor Rates (in hundredths) | 0.21% | [2] |
|
[1] | The counterparty has the option to extend the termination date of this contract to August 5, 2018 at 2.25%. |
[2] | The counterparty has the option to require Vanguard to pay a fixed rate of 0.91% from DecemberB 10, 2015 to DecemberB 10, 2017. |