Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis
The following table is a listing of the Company’s netted asset or liability positions that have been measured at fair value and where they have been classified within the fair value hierarchy as of September 30, 2017 and December 31, 2016:
(in thousands)
Level 1
 
Level 2
 
Level 3
Commodity derivative asset (liability)
 
 
 
 
 
September 30, 2017
$

 
$
175

 
$

December 31, 2016

 
(4,950
)