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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Oil and gas sales $ 25,948 $ 21,813 $ 71,442 $ 65,678
Realized gain (loss) on derivative instruments, net (1,201) 38 (1,127) 379
Field service income 6,772 4,892 18,348 15,344
Administrative overhead fees 2,319 2,141 6,976 6,415
Unrealized gain (loss) on derivative instruments, net (3,869) (2,649) (1,472) 2,449
Other income 11 25 63 128
Total Revenues 29,980 26,260 94,230 90,393
Costs and Expenses        
Lease operating expense 11,331 9,347 32,310 28,820
Field service expense 5,521 4,275 15,224 13,023
Depreciation, depletion, amortization and accretion on discounted liabilities 5,177 5,884 16,329 19,846
General and administrative expense 3,864 3,823 12,252 11,509
Exploration costs 2   3 10
Total Costs and Expenses 25,895 23,329 76,118 73,208
Gain on Sale and Exchange of Assets 760 14 2,519 720
Income from Operations 4,845 2,945 20,631 17,905
Other Income and Expenses        
Less: Interest expense 1,000 947 3,158 2,534
Add: Interest income   24 2 72
Income Before Provision for Income Taxes 3,845 2,022 17,475 15,443
Provision for Income Taxes 1,227 464 5,935 4,665
Net Income 2,618 1,558 11,540 10,778
Less: Net Income Attributable to Non-Controlling Interests 386 216 956 690
Net Income Attributable to PrimeEnergy $ 2,232 $ 1,342 $ 10,584 $ 10,088
Basic Income Per Common Share $ 0.92 $ 0.51 $ 4.32 $ 3.81
Diluted Income Per Common Share $ 0.71 $ 0.40 $ 3.32 $ 2.98