Document and Entity Information
Document and Entity Information | 9 Months Ended |
Sep. 30, 2017shares | |
Document And Entity Information [Abstract] | |
Document Type | 10-Q |
Amendment Flag | false |
Document Period End Date | Sep. 30, 2017 |
Document Fiscal Year Focus | 2,017 |
Document Fiscal Period Focus | Q3 |
Entity Registrant Name | DGOC Series 28, L.P. |
Entity Central Index Key | 1,711,485 |
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, 2017 | Dec. 31, 2016 |
Current assets: | ||
Cash | $ 255,400 | $ 152,800 |
Accounts receivable trade-affiliate | 714,300 | 656,300 |
Total current assets | 969,700 | 809,100 |
Gas and oil properties, net | 18,903,600 | 19,836,500 |
Long-term asset retirement receivable-affiliate | 40,000 | 24,800 |
Total assets | 19,913,300 | 20,670,400 |
Current liabilities: | ||
Accrued liabilities | 11,200 | 15,300 |
Total current liabilities | 11,200 | 15,300 |
Asset retirement obligations | 1,774,200 | 1,698,100 |
Commitments and contingencies (Note 4) | ||
Partners’ capital: | ||
Managing general partner’s interest | 2,720,400 | 2,787,500 |
Limited partners’ interest (7,500 units) | 15,407,500 | 16,169,500 |
Total partners’ capital | 18,127,900 | 18,957,000 |
Total liabilities and partners’ capital | $ 19,913,300 | $ 20,670,400 |
CONDENSED BALANCE SHEETS (Paren
CONDENSED BALANCE SHEETS (Parenthetical) - shares | Sep. 30, 2017 | Dec. 31, 2016 |
Statement of Financial Position [Abstract] | ||
Limited partners' units | 7,500 | 7,500 |
CONDENSED STATEMENTS OF OPERATI
CONDENSED STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | |
REVENUES | ||||
Natural gas | $ 876,200 | $ 713,000 | $ 3,167,900 | $ 1,911,300 |
Gain (loss) on mark-to-market derivatives | 0 | 9,400 | 0 | (14,300) |
Total revenues | 876,200 | 722,400 | 3,167,900 | 1,897,000 |
COSTS AND EXPENSES | ||||
Production | 226,200 | 208,500 | 789,500 | 624,800 |
Depletion | 315,400 | 335,500 | 932,900 | 992,700 |
Accretion of asset retirement obligations | 25,400 | 23,900 | 76,100 | 71,800 |
General and administrative | 13,900 | 13,300 | 41,200 | 40,200 |
Total costs and expenses | 580,900 | 581,200 | 1,839,700 | 1,729,500 |
Net income (loss) | 295,300 | 141,200 | 1,328,200 | 167,500 |
Allocation of net income (loss): | ||||
Managing general partner | 185,400 | 138,600 | 725,200 | 331,800 |
Limited partners | $ 109,900 | $ 2,600 | $ 603,000 | $ (164,300) |
Net income (loss) per limited partnership unit (in dollars per share) | $ 15 | $ 0 | $ 80 | $ (22) |
CONDENSED STATEMENTS OF COMPREH
CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | |
Statement of Comprehensive Income [Abstract] | ||||
Net income | $ 295,300 | $ 141,200 | $ 1,328,200 | $ 167,500 |
Other comprehensive income: | ||||
Reclassification adjustment to net income of mark-to-market gains on cash flow hedges | 0 | 0 | 0 | 0 |
Total other comprehensive income | 0 | 0 | 0 | 0 |
Comprehensive income | $ 295,300 | $ 141,200 | $ 1,328,200 | $ 167,500 |
CONDENSED STATEMENT OF CHANGES
CONDENSED STATEMENT OF CHANGES IN PARTNERS' CAPITAL - 9 months ended Sep. 30, 2017 - USD ($) | Total | Managing General Partner | Limited Partners |
Beginning balance at Dec. 31, 2016 | $ 18,957,000 | $ 2,787,500 | $ 16,169,500 |
Participation in revenues, costs and expenses: | |||
Net production revenues | 2,378,400 | 900,400 | 1,478,000 |
Depletion | (932,900) | (131,100) | (801,800) |
Accretion of asset retirement obligations | (76,100) | (28,600) | (47,500) |
General and administrative | (41,200) | (15,500) | (25,700) |
Net income (loss) | 1,328,200 | 725,200 | 603,000 |
Distributions to partners | (2,157,300) | (792,300) | (1,365,000) |
Ending balance at Sep. 30, 2017 | $ 18,127,900 | $ 2,720,400 | $ 15,407,500 |
CONDENSED STATEMENTS OF CASH FL
CONDENSED STATEMENTS OF CASH FLOWS - USD ($) | 9 Months Ended | |
Sep. 30, 2017 | Sep. 30, 2016 | |
Cash flows from operating activities: | ||
Net income (loss) | $ 1,328,200 | $ 167,500 |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Depletion | 932,900 | 992,700 |
Non-cash loss on derivative value | 0 | 368,200 |
Accretion of asset retirement obligations | 76,100 | 71,800 |
Changes in operating assets and liabilities: | ||
(Increase) decrease in accounts receivable trade-affiliate | (58,000) | 292,000 |
Increase in asset retirement receivable-affiliate | (15,200) | (7,200) |
(Decrease) increase in accrued liabilities | (4,100) | 4,100 |
Net cash provided by operating activities | 2,259,900 | 1,889,100 |
Cash flows from investing activities: | ||
Proceeds from the sale of tangible equipment | 0 | 0 |
Net cash provided by investing activities | 0 | 0 |
Cash flows from financing activities: | ||
Distributions to partners | (2,157,300) | (1,944,200) |
Net cash used in financing activities | (2,157,300) | (1,944,200) |
Net change in cash | 102,600 | (55,100) |
Cash beginning of period | 152,800 | 172,000 |
Cash at end of period | $ 255,400 | $ 116,900 |
Description of Business
Description of Business | 9 Months Ended |
Sep. 30, 2017 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
DESCRIPTION OF BUSINESS | DESCRIPTION OF BUSINESS DGOC Series 28, L.P. (the “Partnership”) is a Delaware limited partnership formed on July 6, 2017 and includes the Appalachian-based assets that were previously included within Atlas Resources Series 28-2010 L.P. ("Predecessor Partnership") that was formed on April 1, 2010 and was then managed by Atlas Resources, LLC ("Atlas" or "Previous MGP"). DGOC Partnership Holdings, LLC now serves as the Partnership's Managing General Partner (“DGOC Holdings” or the “MGP”) and certain affiliates of the MGP serve as our Operator ("Operator"). DGOC Holdings is an indirect subsidiary of Diversified Gas & Oil, PLC (“Diversified”; AIM: DGOC). Unless the context otherwise requires, references below to “the Partnership,” “we,” “us,” “our” and “our company”, refer to DGOC Series 28, L.P. Atlas previously served as the Partnership's Managing General Partner and Operator. Atlas is an indirect subsidiary of Titan Energy, LLC (“Titan”). On May 4, 2017, Titan entered into a definitive agreement to sell, among other conventional assets, its general and limited partnership equity interest (“Equity Interest”) in the Partnership to Diversified (the “Purchase and Sale Agreement” or “PSA”). The transaction was subject to customary closing conditions, had an effective date of April 1, 2017 and closed on September 29, 2017. Prior to closing the PSA, the Previous MGP delegated operational activities to an affiliate of Diversified for the Partnership’s natural gas and oil wells in Pennsylvania and Tennessee on June 30, 2017. Upon closing the PSA, the Previous MGP’s Equity Interest in the Partnership was transferred to DGOC Holdings and DGOC Holdings was admitted as a substitute managing general partner of the Partnership and continues to serve as Operator. The Partnership has drilled and currently operates wells located in Pennsylvania. We have no employees and rely on our MGP to staff and manage our operations, which in turn, relies on Atlas Energy Group, Titan’s parent company, for administrative services through a Transition Services Agreement effective through December 31, 2017. After the expiration of the TSA, staffing will be provided by an affiliate of Diversified. 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 third-party gas gathering systems. The Partnership intends to produce its wells until they are sold, depleted or become uneconomical to produce, at which time they will be plugged and abandoned. The Partnership does not expect to drill additional wells and expects no additional funds will be required for drilling. 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 price for the sale of its 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, in addition to decreasing the Partnership’s revenues, also reduce the amount of natural gas that the Partnership can produce economically. Liquidity and Capital Resources The Partnership is generally limited to the amount of funds generated by the cash flow from its operations to fund its obligations and make distributions, if any, to its partners. Prices for oil and natural gas began to decline significantly during the fourth quarter of 2014 and continue to remain low, on a relative basis, in 2017. These lower commodity prices negatively impact the Partnership’s revenues, earnings and cash flows. In addition, low commodity prices place downward pressure on the Partnership’s proved natural gas and oil reserves as some volumes in the later years of the well become uneconomic to produce at the lower prices. The MGP is continuing the efforts of the Previous MGP to implement various cost saving measures to reduce the Partnership’s operating and general and administrative costs, including renegotiating contracts with contractors, suppliers and service providers, and deferring and/or eliminating discretionary costs. The MGP will continue to be strategic in managing the Partnership’s cost structure and, in turn, liquidity to meet its operating needs. To the extent commodity prices remain low or decline further, or the Partnership experiences other disruptions in the industry, the Partnership’s ability to fund its operations and make distributions may be further impacted, and could result in the liquidation of the Partnership’s opera tions. |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 9 Months Ended |
Sep. 30, 2017 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES These condensed financial statements are unaudited, but in the opinion of management, reflect all adjustments necessary for a fair presentation of results for the interim periods presented. All adjustments are of a normal recurring nature unless disclosed otherwise. Interim period results are not necessarily indicative of results to be expected for the full year. These condensed financial statements have been prepared in accordance with rules of the Securities and Exchange Commission (“SEC”) and do not include all the information and disclosures required by accounting principles generally accepted in the United States (“GAAP”) for complete financial statements. They should be read in conjunction with the financial statements for the year ended December 31, 2016 and notes thereto included in our Form 10-12G Registration Statement, which include a summary of the significant accounting policies. Use of Estimates The preparation of the Partnership’s condensed financial statements in conformity with U.S. GAAP requires the MGP 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 condensed financial statements, as well as the reported amounts of revenues and costs and expenses during the reporting periods. The Partnership’s condensed financial statements are based on a number of significant estimates, including the revenue and expense accruals, depletion, impairments, fair value of derivative instruments and the probability of forecasted transactions. 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. Actual results could differ from those estimates. Derivative Instruments The Previous Partnership’s MGP entered into certain financial contracts to manage the Partnership’s exposure to movement in commodity prices. On January 1, 2015, the Partnership discontinued hedge accounting through de-designation for all of its existing commodity derivatives which were then qualified as hedges. As such, subsequent changes in fair value after December 31, 2014 of these derivatives were 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 were reclassified to the condensed statements of operations in the periods in which the respective derivative contracts settled. During the three and nine months ended September 30, 2017 , the Partnership did had no derivative activity sine all derivative contracts have settled. During the three and nine months ended September 30, 2016 , the Partnership recorded a $ 9,400 gain and a $14,300 loss, respectively, as a gain subsequent to hedge accounting recognized in gain (loss) on mark-to-market derivatives. Gas and Oil Properties The following is a summary of gas and oil properties at the dates indicated: September 30, 2017 December 31, 2016 Proved properties: Leasehold interests $ 540,100 $ 540,100 Wells and related equipment 90,300,700 90,300,700 Total natural gas and oil properties 90,840,800 90,840,800 Accumulated depletion and impairment (71,937,200 ) (71,004,300 ) Gas and oil properties, net $ 18,903,600 $ 19,836,500 We review our oil and natural gas producing properties for impairment whenever events or changes in circumstances indicate that the carrying amount of such properties may not be recoverable. The review of the Partnership’s natural 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. If the carrying value exceeds the expected future cash flows, an impairment loss is recognized for the difference between the estimated fair market value and the carrying value of the assets. Events or changes in circumstances that would indicate the need for impairment testing include, among other factors: operating losses; unused capacity; market value declines; technological developments resulting in obsolescence; changes in demand for products manufactured by others utilizing our services or for our products; changes in competition and competitive practices; uncertainties associated with the United States and world economies; changes in the expected level of environmental capital, operating or remediation expenditures; and changes in governmental regulations or actions. There was no triggering event in the third quarter of 2017 that would cause us to believe the value of oil and natural gas producing properties should be impaired. Recently Issued Accounting Standards In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). The standard requires an entity to recognize revenue in a manner that depicts the transfer of goods or services to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 will replace most of the existing revenue recognition requirements in GAAP when it becomes effective. In August 2015, the FASB issued ASU No. 2015-14, deferring the effective date of ASU 2014-09 by one year. As a result, the standard is effective for annual periods beginning on or after December 31, 2017, including interim periods within that reporting period. The standard can be applied using either the full retrospective approach or a modified retrospective approach at the date of adoption. The MGP has made significant progress in its assessment of the adoption of this standard on its revenue-related contracts. The Partnership currently recognizes revenue under the sales method of accounting, and to date, has not identified any contracts that would require a change from the sales method. To date, the MGP has not identified any material impact that the new standard will have on the Partnership's Financial Statements with the exception of new disclosures. The Partnership intends to adopt the new standard on January 1, 2018 using the modified retrospective method at the date of adoption. |
Certain Relationships and Relat
Certain Relationships and Related Party Transactions | 9 Months Ended |
Sep. 30, 2017 | |
Related Party Transactions [Abstract] | |
CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS | 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 condensed statements of operations, are payable at $75 per well per month. Monthly well supervision fees, which are included in production expense in the Partnership’s condensed statements of operations, are payable at $975 per well per month for Marcellus wells 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 condensed statements of operations and are generally payable at 16% 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 September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Administrative fees $ 2,700 $ 2,700 $ 8,100 $ 8,100 Supervision fees 35,100 35,100 105,300 105,300 Transportation fees 140,000 123,200 506,600 342,000 Direct costs 62,300 60,800 210,600 209,600 Total $ 240,100 $ 221,800 $ 830,600 $ 665,000 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 condensed balance sheets includes the net production revenues due from the MGP. Subordination by Managing General Partner Under the terms of the Partnership Agreement, the MGP may be required to subordinate up to 50% of its share of net production revenues of the Partnership to the benefit of the limited partners for an amount equal to at least 12% of their net subscriptions in the first 12-month subordination period, 10% of their net subscriptions in each of the next three 12-month subordination periods, and 8% of their net subscriptions in the fifth 12-month subordination period determined on a cumulative basis, in each of the first five years of Partnership operations, commencing with the first distribution to the limited partners (March 2011) and 60 months from that date. The subordination period expired September 2016. |
Commitments and Contingencies
Commitments and Contingencies | 9 Months Ended |
Sep. 30, 2017 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMITMENTS AND CONTINGENCIES | COMMITMENTS AND CONTINGENCIES General Commitments Subject to certain conditions, investor partners may present their interests beginning in 2015 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, 2017 , the Operator has withheld $ 40,000 of net production revenue for future plugging and abandonment costs. Environmental risk is inherent to oil and natural gas operations, and we and our affiliates may be, at times, subject to potential environmental remediation liability. We manage this environmental risk through appropriate environmental policies and practices to minimize any impact our operations may have on the environment. To the extent that we are unable to recover payment for environmental liabilities from insurance or other potentially responsible parties, we will be responsible for payment of liabilities arising from environmental incidents associated with the operating activities of our oil and natural gas operations. Legal Proceedings The Partnership and affiliates of the MGP and their subsidiaries are party to various routine legal proceedings arising out of the ordinary course of its business. The MGP believes that none of these actions, individually or in the aggregate, will have a material adverse effect on the Partnership’s or the MGP’s financial condition or results of operations. |
Summary of Significant Accoun12
Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
Sep. 30, 2017 | |
Summary Of Significant Accounting Policies [Line Items] | |
Use of Estimates | Use of Estimates The preparation of the Partnership’s condensed financial statements in conformity with U.S. GAAP requires the MGP 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 condensed financial statements, as well as the reported amounts of revenues and costs and expenses during the reporting periods. The Partnership’s condensed financial statements are based on a number of significant estimates, including the revenue and expense accruals, depletion, impairments, fair value of derivative instruments and the probability of forecasted transactions. 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. Actual results could differ from those estimates. |
Derivative Instruments | Derivative Instruments The Previous Partnership’s MGP entered into certain financial contracts to manage the Partnership’s exposure to movement in commodity prices. On January 1, 2015, the Partnership discontinued hedge accounting through de-designation for all of its existing commodity derivatives which were then qualified as hedges. As such, subsequent changes in fair value after December 31, 2014 of these derivatives were 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 were reclassified to the condensed statements of operations in the periods in which the respective derivative contracts settled. |
Recently Issued Accounting Standards | Recently Issued Accounting Standards In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”). The standard requires an entity to recognize revenue in a manner that depicts the transfer of goods or services to customers at an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 will replace most of the existing revenue recognition requirements in GAAP when it becomes effective. In August 2015, the FASB issued ASU No. 2015-14, deferring the effective date of ASU 2014-09 by one year. As a result, the standard is effective for annual periods beginning on or after December 31, 2017, including interim periods within that reporting period. The standard can be applied using either the full retrospective approach or a modified retrospective approach at the date of adoption. The MGP has made significant progress in its assessment of the adoption of this standard on its revenue-related contracts. The Partnership currently recognizes revenue under the sales method of accounting, and to date, has not identified any contracts that would require a change from the sales method. To date, the MGP has not identified any material impact that the new standard will have on the Partnership's Financial Statements with the exception of new disclosures. The Partnership intends to adopt the new standard on January 1, 2018 using the modified retrospective method at the date of adoption. |
Summary of Significant Accoun13
Summary of Significant Accounting Policies (Tables) | 9 Months Ended |
Sep. 30, 2017 | |
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, 2017 December 31, 2016 Proved properties: Leasehold interests $ 540,100 $ 540,100 Wells and related equipment 90,300,700 90,300,700 Total natural gas and oil properties 90,840,800 90,840,800 Accumulated depletion and impairment (71,937,200 ) (71,004,300 ) Gas and oil properties, net $ 18,903,600 $ 19,836,500 |
Certain Relationships and Rel14
Certain Relationships and Related Party Transactions (Tables) | 9 Months Ended |
Sep. 30, 2017 | |
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 September 30, Nine Months Ended September 30, 2017 2016 2017 2016 Administrative fees $ 2,700 $ 2,700 $ 8,100 $ 8,100 Supervision fees 35,100 35,100 105,300 105,300 Transportation fees 140,000 123,200 506,600 342,000 Direct costs 62,300 60,800 210,600 209,600 Total $ 240,100 $ 221,800 $ 830,600 $ 665,000 |
Summary of Significant Accoun15
Summary of Significant Accounting Policies (Details) - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | |
Accounting Policies [Abstract] | ||||
Gain (loss) subsequent to hedge accounting recognized in loss on mark-to-market derivatives | $ 0 | $ 9,400 | $ 0 | $ (14,300) |
Summary of Significant Accoun16
Summary of Significant Accounting Policies - Summary of Gas and Oil Properties (Details) - USD ($) | Sep. 30, 2017 | Dec. 31, 2016 |
Property, Plant and Equipment [Line Items] | ||
Total natural gas and oil properties | $ 90,840,800 | $ 90,840,800 |
Accumulated depletion and impairment | (71,937,200) | (71,004,300) |
Gas and oil properties, net | 18,903,600 | 19,836,500 |
Leasehold interests | ||
Property, Plant and Equipment [Line Items] | ||
Total natural gas and oil properties | 540,100 | 540,100 |
Wells and related equipment | ||
Property, Plant and Equipment [Line Items] | ||
Total natural gas and oil properties | $ 90,300,700 | $ 90,300,700 |
Certain Relationships and Rel17
Certain Relationships and Related Party Transactions (Details) | 9 Months Ended |
Sep. 30, 2017$ / mo | |
Related Party Transaction [Line Items] | |
Managing general partner maximum subordination percentage of share of net production revenues | 50.00% |
MGP | |
Related Party Transaction [Line Items] | |
Subordination target return rate for limited partner subscriptions, first twelve month subscription | 12.00% |
Subordination target return rate gor limited partner subscriptions, next twelve month subscription period | 10.00% |
Subordination target return rate for limited partner subscriptions, fifth twelve month subscription period | 8.00% |
MGP and Affiliates | General and administrative expenses | |
Related Party Transaction [Line Items] | |
Monthly administrative costs per well | 75 |
MGP and Affiliates | Production | |
Related Party Transaction [Line Items] | |
Transportation fee rate as percentage of natural gas sales price | 16.00% |
MGP and Affiliates | Production | Marcellus wells | |
Related Party Transaction [Line Items] | |
Monthly supervision fees per well | 975 |
Certain Relationships and Rel18
Certain Relationships and Related Party Transactions - Costs and Periods Incurred (Details) - MGP and Affiliates - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016 | |
Related Party Transaction [Line Items] | ||||
Related party transaction, expenses from transactions with related party | $ 240,100 | $ 221,800 | $ 830,600 | $ 665,000 |
Administrative fees | ||||
Related Party Transaction [Line Items] | ||||
Related party transaction, expenses from transactions with related party | 2,700 | 2,700 | 8,100 | 8,100 |
Supervision fees | ||||
Related Party Transaction [Line Items] | ||||
Related party transaction, expenses from transactions with related party | 35,100 | 35,100 | 105,300 | 105,300 |
Transportation fees | ||||
Related Party Transaction [Line Items] | ||||
Related party transaction, expenses from transactions with related party | 140,000 | 123,200 | 506,600 | 342,000 |
Direct costs | ||||
Related Party Transaction [Line Items] | ||||
Related party transaction, expenses from transactions with related party | $ 62,300 | $ 60,800 | $ 210,600 | $ 209,600 |
Commitments and Contingencies (
Commitments and Contingencies (Narrative) (Details) | 9 Months Ended | |
Sep. 30, 2017USD ($)$ / mo | Dec. 31, 2016USD ($) | |
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 | $ / mo | 200 | |
Long-term asset retirement receivable-affiliate | $ | $ 40,000 | $ 24,800 |