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Consolidated Statement of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Revenues    
Oil and gas sales $ 92,785 $ 87,834
Realized gain (loss) on derivative instruments, net (1,322) 502
Field service income 24,934 20,421
Administrative overhead fees 9,255 8,585
Unrealized gain (loss) on derivative instruments (649) 3,483
Other income 64 154
Total Revenues 125,067 120,979
Costs and Expenses    
Lease operating expense 43,809 39,868
Field service expense 21,027 17,576
Depreciation, depletion, amortization and accretion on discounted liabilities 21,861 23,269
Loss on settlement of asset retirement obligations 40  
General and administrative expense 16,659 15,870
Exploration costs 8 10
Total Costs and Expenses 103,404 96,593
Gain on Sale and Exchange of Assets 2,816 730
Income from Operations 24,479 25,116
Other Income and Expenses    
Less: Interest expense 4,223 3,577
Add: Interest income 2 91
Income Before Provision for Income Taxes 20,258 21,630
Provision for Income Taxes 6,818 6,856
Net Income 13,440 14,774
Less: Net Income (Loss) Attributable to Non-Controlling Interest 1,169 (282)
Net Income Attributable to PrimeEnergy $ 12,271 $ 15,056
Basic Income Per Common Share $ 5.04 $ 5.74
Diluted Income Per Common Share $ 3.86 $ 4.48