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Consolidated Statement of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Revenues    
Oil and gas sales $ 87,834 $ 88,429
Realized gain on derivative instruments, net 502 7,601
Field service income 20,421 23,201
Administrative overhead fees 8,585 8,688
Unrealized gain (loss) on derivative instruments 3,483 (914)
Other income 154 75
Total Revenues 120,979 127,080
Costs and Expenses    
Lease operating expense 39,868 36,897
Field service expense 17,576 17,242
Depreciation, depletion, amortization and accretion on discounted liabilities 23,269 48,400
General and administrative expense 15,870 14,890
Exploration costs 10 38
Total Costs and Expenses 96,593 117,467
Gain on Sale and Exchange of Assets 730 1,602
Income from Operations 25,116 11,215
Other Income and Expenses    
Less: Interest expense 3,577 3,711
Add: Interest income 91 446
Income Before Provision for Income Taxes 21,630 7,950
Provision for Income Taxes 6,856 1,275
Net Income 14,774 6,675
Less: Net (Loss) Income Attributable to Non-Controlling Interest (282) 1,864
Net Income Attributable to PrimeEnergy $ 15,056 $ 4,811
Basic Income Per Common Share $ 5.74 $ 1.75
Diluted Income Per Common Share $ 4.48 $ 1.38