Derivative Instruments and Hedging Activity (Schedule of Notional Amounts and Weighted Average Underlying Hedge Prices of Outstanding Derivative Positions) (Details) | 9 Months Ended |
Sep. 30, 2014 |
MMBTU |
Natural Gas | 2014 | Short calls | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 184,000 | |
Ceiling (Short) (Price per MMBtu) | 4.59 | |
Natural Gas | 2015 | Call Option | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 10,000 | [1] |
Total of Notional Volume (MMBtu's or Bbls) | 900,000 | [1] |
Call (Long) (Price per MMBtu) | 4.46 | [1] |
Ceiling (Short) (Price per MMBtu) | 5 | [1] |
Natural Gas | 2016 | Protective Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 732,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 4.11 | |
Short Put (Price per MMBtu) | 3.25 | |
Natural Gas | 2016 | Producer Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 732,000 | |
Floor (Long) (Price per MMBtu) | 4 | |
Short Put (Price per MMBtu) | 3.25 | |
Ceiling (Short) (Price per MMBtu) | 4.58 | |
Crude Oil | 2014 | Costless collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 200 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 18,400 | |
Floor (Long) (Price per MMBtu) | 98 | |
Ceiling (Short) (Price per MMBtu) | 98 | |
Crude Oil | 2015 | Costless Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 400 | [2],[3] |
Total of Notional Volume (MMBtu's or Bbls) | 73,600 | [3] |
Floor (Long) (Price per MMBtu) | 85 | [3] |
Short Put (Price per MMBtu) | 70 | [3] |
Ceiling (Short) (Price per MMBtu) | 96.5 | [3] |
Crude Oil | 2016 | Costless Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 275 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 100,600 | |
Floor (Long) (Price per MMBtu) | 85 | |
Short Put (Price per MMBtu) | 65 | |
Ceiling (Short) (Price per MMBtu) | 95.1 | |
Crude Oil | 2017 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 500 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 182,500 | |
Floor (Long) (Price per MMBtu) | 82 | |
Short Put (Price per MMBtu) | 62 | |
Crude Oil | 2017 | Costless Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 280 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 102,200 | |
Floor (Long) (Price per MMBtu) | 80 | |
Short Put (Price per MMBtu) | 65 | |
Ceiling (Short) (Price per MMBtu) | 97.25 | |
Crude Oil | 2018 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 425 | [2],[4] |
Total of Notional Volume (MMBtu's or Bbls) | 103,275 | [4] |
Floor (Long) (Price per MMBtu) | 80 | [4] |
Short Put (Price per MMBtu) | 60 | [4] |
Natural Gas Liquids | 2015 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 250 | [5] |
Total of Notional Volume (MMBtu's or Bbls) | 68,750 | [5] |
Base Fixed Price (Price per MMbtu or Bbl) | 45.61 | [5] |
Fixed Price Swap 1 | Natural Gas | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 8,663 | |
Total of Notional Volume (MMBtu's or Bbls) | 797,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 4.06 | |
Fixed Price Swap 1 | Natural Gas | 2015 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 400 | |
Total of Notional Volume (MMBtu's or Bbls) | 146,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 4 | |
Fixed Price Swap 1 | Crude Oil | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 750 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 69,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 90.35 | |
Fixed Price Swap 1 | Natural Gas Liquids | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 250 | |
Total of Notional Volume (MMBtu's or Bbls) | 23,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 46.1 | |
Fixed Price Swap 2 | Natural Gas | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 184,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 3.72 | |
Fixed Price Swap 2 | Natural Gas | 2015 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,500 | |
Total of Notional Volume (MMBtu's or Bbls) | 912,500 | |
Base Fixed Price (Price per MMbtu or Bbl) | 4.06 | |
Fixed Price Swap 2 | Crude Oil | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 200 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 18,400 | |
Base Fixed Price (Price per MMbtu or Bbl) | 93 | |
Fixed Price Swap 2 | Natural Gas Liquids | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 250 | |
Total of Notional Volume (MMBtu's or Bbls) | 23,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 48.11 | |
Fixed Price Swap 3 | Natural Gas | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 184,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 3.98 | |
Fixed Price Swap 3 | Crude Oil | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 350 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 32,200 | |
Base Fixed Price (Price per MMbtu or Bbl) | 91.55 | |
Fixed Price Swap 4 | Natural Gas | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 184,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 4.07 | |
Fixed Price Swap 4 | Crude Oil | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 500 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 46,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 91.1 | |
Fixed Price Swap 5 | Natural Gas | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 1,871 | |
Total of Notional Volume (MMBtu's or Bbls) | 172,100 | |
Base Fixed Price (Price per MMbtu or Bbl) | 4.32 | |
Fixed Price Swap 5 | Crude Oil | 2014 | Fixed price swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 250 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 23,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 90.77 | |
Costless Collar 1 | Natural Gas | 2014 | Costless collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 3,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 276,000 | |
Floor (Long) (Price per MMBtu) | 4 | |
Ceiling (Short) (Price per MMBtu) | 4.36 | |
Costless Collar 1 | Crude Oil | 2015 | Costless collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 400 | [2],[6] |
Total of Notional Volume (MMBtu's or Bbls) | 72,400 | [6] |
Floor (Long) (Price per MMBtu) | 85 | [6] |
Ceiling (Short) (Price per MMBtu) | 96.5 | [6] |
Costless Collar 2 | Natural Gas | 2014 | Costless collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 5,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 460,000 | |
Floor (Long) (Price per MMBtu) | 4 | |
Ceiling (Short) (Price per MMBtu) | 4.55 | |
Costless Collar 2 | Crude Oil | 2015 | Costless collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 366 | [2],[6] |
Total of Notional Volume (MMBtu's or Bbls) | 66,300 | [6] |
Floor (Long) (Price per MMBtu) | 85 | [6] |
Ceiling (Short) (Price per MMBtu) | 97.8 | [6] |
Costless Collar 3 | Natural Gas | 2014 | Costless collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,500 | |
Total of Notional Volume (MMBtu's or Bbls) | 230,000 | |
Floor (Long) (Price per MMBtu) | 4 | |
Ceiling (Short) (Price per MMBtu) | 5 | |
Costless Collar 3 | Crude Oil | 2015 | Costless collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 150 | [2],[6] |
Total of Notional Volume (MMBtu's or Bbls) | 27,150 | [6] |
Floor (Long) (Price per MMBtu) | 85 | [6] |
Short Put (Price per MMBtu) | 0 | [6] |
Ceiling (Short) (Price per MMBtu) | 96.25 | [6] |
Put Spread 1 | Natural Gas | 2014 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 184,000 | |
Floor (Long) (Price per MMBtu) | 4 | |
Short Put (Price per MMBtu) | 3.72 | |
Ceiling (Short) (Price per MMBtu) | 0 | |
Put Spread 1 | Crude Oil | 2014 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 200 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 18,400 | |
Floor (Long) (Price per MMBtu) | 93 | |
Short Put (Price per MMBtu) | 73 | |
Put Spread 1 | Crude Oil | 2015 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 700 | [2],[6] |
Total of Notional Volume (MMBtu's or Bbls) | 126,700 | [6] |
Floor (Long) (Price per MMBtu) | 90 | [6] |
Short Put (Price per MMBtu) | 70 | [6] |
Put Spread 1 | Crude Oil | 2016 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 550 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 201,300 | |
Floor (Long) (Price per MMBtu) | 85 | |
Short Put (Price per MMBtu) | 65 | |
Basis Swap 1 | Natural Gas | 2014 | Basis Swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,500 | [7] |
Total of Notional Volume (MMBtu's or Bbls) | 230,000 | [7] |
Base Fixed Price (Price per MMbtu or Bbl) | -1.39 | [7] |
Basis Swap 1 | Natural Gas | 2015 | Basis Swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,500 | [7] |
Total of Notional Volume (MMBtu's or Bbls) | 912,500 | [7] |
Base Fixed Price (Price per MMbtu or Bbl) | -1.12 | [7] |
Basis Swap 2 | Natural Gas | 2014 | Basis Swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,500 | [7] |
Total of Notional Volume (MMBtu's or Bbls) | 230,000 | [7] |
Base Fixed Price (Price per MMbtu or Bbl) | -1.32 | [7] |
Basis Swap 2 | Natural Gas | 2015 | Basis Swap | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,500 | [7] |
Total of Notional Volume (MMBtu's or Bbls) | 912,500 | [7] |
Base Fixed Price (Price per MMbtu or Bbl) | -1.11 | [7] |
Protective Spread 1 | Natural Gas | 2015 | Protective Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 10,000 | [1] |
Total of Notional Volume (MMBtu's or Bbls) | 900,000 | [1] |
Base Fixed Price (Price per MMbtu or Bbl) | 4.46 | [1] |
Short Put (Price per MMBtu) | 3.7 | [1] |
Protective Spread 2 | Natural Gas | 2015 | Protective Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,600 | |
Total of Notional Volume (MMBtu's or Bbls) | 949,000 | |
Base Fixed Price (Price per MMbtu or Bbl) | 4 | |
Short Put (Price per MMBtu) | 3.25 | |
Put Spread 2 | Crude Oil | 2015 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 250 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 91,250 | |
Floor (Long) (Price per MMBtu) | 89 | |
Short Put (Price per MMBtu) | 69 | |
Put Spread 2 | Crude Oil | 2016 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 300 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 109,800 | |
Floor (Long) (Price per MMBtu) | 85.5 | |
Short Put (Price per MMBtu) | 65.5 | |
Put Spread 3 | Crude Oil | 2015 | Put Spread | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 600 | [2],[3] |
Total of Notional Volume (MMBtu's or Bbls) | 110,400 | [3] |
Floor (Long) (Price per MMBtu) | 87 | [3] |
Short Put (Price per MMBtu) | 67 | [3] |
Producer Three Way Collar 1 | Natural Gas | 2015 | Producer Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 3,750 | [1] |
Total of Notional Volume (MMBtu's or Bbls) | 337,500 | [1] |
Floor (Long) (Price per MMBtu) | 4.6 | [1] |
Short Put (Price per MMBtu) | 3.5 | [1] |
Ceiling (Short) (Price per MMBtu) | 5.34 | [1] |
Producer Three Way Collar 2 | Natural Gas | 2015 | Producer Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 2,000 | |
Total of Notional Volume (MMBtu's or Bbls) | 760,000 | |
Floor (Long) (Price per MMBtu) | 4 | |
Short Put (Price per MMBtu) | 3.25 | |
Ceiling (Short) (Price per MMBtu) | 4.58 | |
Producer Three Way Collar 3 | Natural Gas | 2015 | Producer Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 5,000 | [5] |
Total of Notional Volume (MMBtu's or Bbls) | 1,375,000 | [5] |
Floor (Long) (Price per MMBtu) | 4 | [5] |
Short Put (Price per MMBtu) | 3.25 | [5] |
Ceiling (Short) (Price per MMBtu) | 5 | [5] |
Costless Three Way Collar 2 | Crude Oil | 2015 | Costless Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 325 | [2],[3] |
Total of Notional Volume (MMBtu's or Bbls) | 59,800 | [3] |
Floor (Long) (Price per MMBtu) | 85 | [3] |
Short Put (Price per MMBtu) | 65 | [3] |
Ceiling (Short) (Price per MMBtu) | 97.8 | [3] |
Costless Three Way Collar 2 | Crude Oil | 2016 | Costless Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 330 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 120,780 | |
Floor (Long) (Price per MMBtu) | 80 | |
Short Put (Price per MMBtu) | 65 | |
Ceiling (Short) (Price per MMBtu) | 97.35 | |
Costless Three Way Collar 2 | Crude Oil | 2017 | Costless Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 242 | [2] |
Total of Notional Volume (MMBtu's or Bbls) | 88,150 | |
Floor (Long) (Price per MMBtu) | 80 | |
Short Put (Price per MMBtu) | 60 | |
Ceiling (Short) (Price per MMBtu) | 98.7 | |
Cost Less Three Way Collar 3 | Crude Oil | 2015 | Costless Three Way Collar | ' | |
Derivative [Line Items] | ' | |
Average Daily Volume (MMBtus or Bbls) | 50 | [2],[3] |
Total of Notional Volume (MMBtu's or Bbls) | 9,200 | [3] |
Floor (Long) (Price per MMBtu) | 85 | [3] |
Short Put (Price per MMBtu) | 65 | [3] |
Ceiling (Short) (Price per MMBtu) | 96.25 | [3] |
|
[1] | For the period January to March 2015. |
[2] | Crude volumes hedged include oil, condensate and certain components of our NGLs production. |
[3] | For the period July to December 2015. |
[4] | For the period January to August 2018. |
[5] | For the period April to December 2015. |
[6] | For the period January to June 2015. |
[7] | Represents basis swaps at the sales point of Dominion South |