Price and Interest Rate Risk Management Activities (Details) (USD $) | 3 Months Ended |
Mar. 31, 2015 |
MMBTU |
Fair value of derivatives [Abstract] | | |
Maximum potential loss due to credit risk | $309,500,000 | |
Fixed-Price Swaps | Gas | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 66,137,500 | |
Weighted average fixed price (in dollars per unit) | 4.26 | |
Fixed-Price Swaps | Gas | Contract Period January 1, 2016 to December, 31 2016 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 55,083,000 | |
Weighted average fixed price (in dollars per unit) | 4.47 | |
Fixed-Price Swaps | Gas | January 1, 2017 to December 31, 2017 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 24,027,000 | |
Weighted average fixed price (in dollars per unit) | 4.35 | |
Fixed-Price Swaps | Oil | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 1,846,750 | |
Weighted average fixed price (in dollars per unit) | 73.07 | |
Fixed-Price Swaps | Oil | Contract Period January 1, 2016 to December, 31 2016 | | |
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 | Oil | January 1, 2017 to December 31, 2017 | | |
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 | Natural Gas Liquids | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 185,625 | |
Weighted average fixed price (in dollars per unit) | 46.34 | |
Fixed-Price Swaps | Natural Gas Liquids | Contract Period January 1, 2016 to December, 31 2016 | | |
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 | Natural Gas Liquids | January 1, 2017 to December 31, 2017 | | |
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 | |
Call Option Sold | Gas | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 0 | |
Weighted average fixed price (in dollars per unit) | 0 | |
Call Option Sold | Gas | Contract Period January 1, 2016 to December, 31 2016 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 9,150,000 | |
Weighted average fixed price (in dollars per unit) | 4.25 | |
Call Option Sold | Gas | January 1, 2017 to December 31, 2017 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 9,125,000 | |
Weighted average fixed price (in dollars per unit) | 4.5 | |
Call Option Sold | Oil | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 55,000 | |
Weighted average fixed price (in dollars per unit) | 105 | |
Call Option Sold | Oil | Contract Period January 1, 2016 to December, 31 2016 | | |
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 | |
Call Option Sold | Oil | January 1, 2017 to December 31, 2017 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 365,000 | |
Weighted average fixed price (in dollars per unit) | 95 | |
Basis Swaps | Gas | April 1, 2015 - December 31, 2015 | NW Rocky Mt-Henry Hub Index | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 22,000,000 | |
Weighted average basis differential (in dollars per unit) | -0.28 | |
Basis Swaps | Gas | Contract Period January 1, 2016 to December, 31 2016 | NW Rocky Mt-Henry Hub Index | | |
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 | Gas | January 1, 2017 to December 31, 2017 | NW Rocky Mt-Henry Hub Index | | |
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 | Oil | April 1, 2015 - December 31, 2015 | Midland-Cushing Index | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 385,000 | |
Weighted average basis differential (in dollars per unit) | -1.68 | |
Basis Swaps | Oil | April 1, 2015 - December 31, 2015 | WTS-Cushing Index | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 110,000 | |
Weighted average basis differential (in dollars per unit) | -2.33 | |
Basis Swaps | Oil | April 1, 2015 - December 31, 2015 | WTI-WCS Index | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 550,000 | |
Weighted average basis differential (in dollars per unit) | -14.5 | |
Three-Way Collars | Gas | Contract Period January 1, 2016 to December, 31 2016 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 12,810,000 | |
Weighted average price (in dollars per unit) | 3 | |
Floor (in dollars per unit) | 3.95 | |
Ceiling (in dollars per unit) | 4.25 | |
Three-Way Collars | Gas | January 1, 2017 to December 31, 2017 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 16,425,000 | |
Weighted average price (in dollars per unit) | 3.37 | |
Floor (in dollars per unit) | 3.92 | |
Ceiling (in dollars per unit) | 4.23 | |
Three-Way Collars | Oil | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 160,750 | |
Weighted average price (in dollars per unit) | 76.43 | |
Floor (in dollars per unit) | 90 | |
Ceiling (in dollars per unit) | 97.26 | |
Three-Way Collars | Oil | Contract Period January 1, 2016 to December, 31 2016 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 1,061,400 | |
Weighted average price (in dollars per unit) | 73.62 | |
Floor (in dollars per unit) | 90 | |
Ceiling (in dollars per unit) | 96.18 | |
Put Options Sold | Gas | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 19,937,500 | |
Weighted average price (in dollars per unit) | 2.99 | |
Put Options Sold | Gas | Contract Period January 1, 2016 to December, 31 2016 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 1,830,000 | |
Weighted average price (in dollars per unit) | 3 | |
Put Options Sold | Gas | January 1, 2017 to December 31, 2017 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future gas production (in units) | 1,825,000 | |
Weighted average price (in dollars per unit) | 3.5 | |
Put Options Sold | Oil | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 476,000 | |
Weighted average price (in dollars per unit) | 72.11 | |
Put Options Sold | Oil | Contract Period January 1, 2016 to December, 31 2016 | | |
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 | |
Put Options Sold | Oil | January 1, 2017 to December 31, 2017 | | |
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 | Gas | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Floor (in dollars per unit) | 2.5 | |
Ceiling (in dollars per unit) | 4 | |
Notional amount (in MMBtu) | 1,100,000 | |
Bonus (in dollars per unit) | 0.16 | |
Range Bonus Accumulators | Oil | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Floor (in dollars per unit) | 75 | |
Derivative, Nonmonetary Notional Amount, Volume | 137,500 | |
Ceiling (in dollars per unit) | 100 | |
Bonus (in dollars per unit) | 4 | |
Range Bonus Accumulators | Oil | Contract Period January 1, 2016 to December, 31 2016 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Floor (in dollars per unit) | 75 | |
Derivative, Nonmonetary Notional Amount, Volume | 183,000 | |
Ceiling (in dollars per unit) | 100 | |
Bonus (in dollars per unit) | 4 | |
Collars | Oil | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 274,500 | |
Floor (in dollars per unit) | 50 | |
Ceiling (in dollars per unit) | 56.85 | |
Call Spreads | Oil | April 1, 2015 - December 31, 2015 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 947,600 | |
Derivative, Price Risk Option Strike Price | 70 | |
Call option short call price | 85 | |
Puts | Oil | Contract Period January 1, 2016 to December, 31 2016 | | |
Commodity derivative contracts covering our anticipated future production [Abstract] | | |
Anticipated future oil production (in units) | 366,000 | |
Derivative, Price Risk Option Strike Price | 60 | |
Interest Rate Swaps | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 360,000,000 | |
Interest Rate Swaps | Contract period April 1, 2015 to December 10, 2016 | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 20,000,000 | |
Fixed Libor Rates (in hundredths) | 2.17% | |
Interest Rate Swaps | Contract period April 1, 2015 to October 31, 2016 Swap A | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 40,000,000 | |
Fixed Libor Rates (in hundredths) | 1.65% | |
Interest Rate Swaps | Contract period April 1, 2015 to August 5, 2015 | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 30,000,000 | [1] |
Fixed Libor Rates (in hundredths) | 2.25% | [1] |
Interest Rate Swaps | Contract period April 1, 2015 to August 6, 2016 | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 25,000,000 | |
Fixed Libor Rates (in hundredths) | 1.80% | |
Interest Rate Swaps | Contract period April 1, 2015 to October 31, 2016 Swap B | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 20,000,000 | |
Fixed Libor Rates (in hundredths) | 1.78% | |
Interest Rate Swaps | Contract period April 1, 2015 to September 23, 2016 | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 75,000,000 | |
Fixed Libor Rates (in hundredths) | 1.15% | |
Interest Rate Swaps | Contract period April 1, 2015 to March 7, 2016 | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 75,000,000 | |
Fixed Libor Rates (in hundredths) | 1.08% | |
Interest Rate Swaps | Contract period April 1, 2015 to September 7, 2016 | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | 25,000,000 | |
Fixed Libor Rates (in hundredths) | 1.25% | |
Interest Rate Swaps | Contract period April 1, 2015 to December 10, 2015 | | |
Interest rate derivative contracts [Abstract] | | |
Notional amount | $50,000,000 | [2] |
Fixed Libor Rates (in hundredths) | 0.21% | [2] |
Interest Rate Swaps | Contract Period December 10, 2015 to December 10, 2017 | | |
Interest rate derivative contracts [Abstract] | | |
Fixed Libor Rates (in hundredths) | 0.91% | |
|
[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. |