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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
Oil and gas sales $ 21,359 $ 23,031
Realized gain on derivative instruments, net 240 119
Field service income 5,331 5,115
Administrative overhead fees 2,117 2,164
Unrealized loss on derivative instruments, net (2,083) (3,779)
Other income 6 57
Total Revenues 26,970 26,707
Costs and Expenses    
Lease operating expense 9,983 9,500
Field service expense 4,535 4,385
Depreciation, depletion, amortization and accretion on discounted liabilities 4,883 6,838
General and administrative expense 4,040 3,889
Exploration costs 1 5
Total Costs and Expenses 23,442 24,617
Gain on Sale and Exchange of Assets 1,060 704
Income from Operations 4,588 2,794
Other Income and Expenses    
Less: Interest expense 1,073 756
Add: Interest income 2 10
Income Before Provision for Income Taxes 3,517 2,048
Provision for Income Taxes 1,153 387
Net Income 2,364 1,661
Less: Net Income Attributable to Non-Controlling Interests 106 338
Net Income Attributable to PrimeEnergy $ 2,258 $ 1,323
Basic Income Per Common Share $ 0.90 $ 0.49
Diluted Income Per Common Share $ 0.70 $ 0.39