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Consolidated Statement of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Revenues    
Oil and gas sales $ 45,632 $ 91,045
Realized gain on derivative instruments, net 21,151 135
Field service income 20,879 26,270
Administrative overhead fees 8,287 9,373
Unrealized (loss) gain on derivative instruments (16,901) 17,574
Other income 58 183
Total Revenues 79,106 144,580
Costs and Expenses    
Lease operating expense 35,206 43,972
Field service expense 17,641 21,185
Depreciation, depletion, amortization and accretion on discounted liabilities 31,551 25,864
Gain on settlement of asset retirement obligations   (1,797)
General and administrative expense 12,267 14,460
Total Costs and Expenses 96,665 103,684
Gain on Sale and Exchange of Assets 1,386 6,115
(Loss) income from Operations (16,173) 47,011
Other Income and Expenses    
Less: Interest expense 3,627 4,018
Add: Interest income 2  
(Loss) income Before (Benefit) Provision for Income Taxes (19,798) 42,993
(Benefit) provision for Income Taxes (6,648) 13,844
Net (Loss) income (13,150) 29,149
Less: Net (Loss) income Attributable to Non-Controlling Interest (366) 2,103
Net (Loss) income Attributable to PrimeEnergy $ (12,784) $ 27,046
Basic (Loss) income Per Common Share $ (5.53) $ 11.45
Diluted (Loss) income Per Common Share $ (5.53) $ 8.68