You work for a company who is an oil producer (that is, you stick pipes in the ground pulling oil out and selling your barrels of oil to refineries)

Today is Nov 5, 2020 and spot the spot oil price is $53.00 per barrel.

Today, the forward pricing curve is as follows:

For Settlement:

Jan 31, 2021Feb 28, 2021Mar 31, 2021 Apr 30, 2021May 31, 2021 Jun 30, 2021

$51.00 $50.75$49.85$49.00$48.35$47.85

Oil Calls Prices:(same expiration and same strike prices as above) per 1000 barrels of oil

$500$600 $700$800$900$950

Oil Put Prices:

$350$375$425$500$550$575

Your oil production is forecasted as the following:

Jan 2021Feb 2021Mar 2021Apr 2021May 2021Jun 2021

3000 barrels4000 barrels4000 barrels3000 barrels2000 barrels4000 barrels

The following are the market end of day prices for a barrel of oil for each of the following dates above:

$62.00$53.00$42.00$59.00$67.00$38.00

1.Calculate the net dollar at settlement for each month based on the settlement prices above assuming months Jan, Feb, and Mar were floating for fixed swaps.

2.And Apr, May, and Jun were vanilla/premium paid options.