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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues        
Oil and gas sales $ 24,135 $ 20,834 $ 45,494 $ 43,865
Realized gain (loss) on derivative instruments, net (166) 222 74 341
Field service income 6,245 5,337 11,576 10,452
Administrative overhead fees 2,540 2,110 4,657 4,274
Unrealized gain on derivative instruments, net 4,480 8,877 2,397 5,098
Other income 46 46 52 103
Total Revenues 37,280 37,426 64,250 64,133
Costs and Expenses        
Lease operating expense 10,996 9,973 20,979 19,473
Field service expense 5,168 4,363 9,703 8,748
Depreciation, depletion, amortization and accretion on discounted liabilities 6,269 7,124 11,152 13,962
General and administrative expense 4,348 3,797 8,388 7,686
Exploration costs   5 1 10
Total Costs and Expenses 26,781 25,262 50,223 49,879
Gain on Sale and Exchange of Assets 699 2 1,759 706
Income from Operations 11,198 12,166 15,786 14,960
Other Income and Expenses        
Less: Interest expense 1,085 831 2,158 1,587
Add: Interest income   38 2 48
Income Before Provision for Income Taxes 10,113 11,373 13,630 13,421
Provision for Income Taxes 3,555 3,814 4,708 4,201
Net Income 6,558 7,559 8,922 9,220
Less: Net Income Attributable to Non-Controlling Interests 464 136 570 474
Net Income Attributable to PrimeEnergy $ 6,094 $ 7,423 $ 8,352 $ 8,746
Basic Income Per Common Share $ 2.51 $ 2.81 $ 3.39 $ 3.28
Diluted Income Per Common Share $ 1.92 $ 2.20 $ 2.61 $ 2.57