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Consolidated Statement of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Revenues    
Oil and gas sales $ 66,883 $ 38,306
Realized loss on derivative instruments, net (155) (16)
Field service income 15,704 15,432
Administrative overhead fees 6,158 6,567
Unrealized gain (loss) on derivative instruments 547 (3,582)
Other income 173 59
Total Revenues 89,310 56,766
Costs and Expenses    
Lease operating expense 30,880 27,544
Field service expense 11,990 12,549
Depreciation, depletion, amortization and accretion on discounted liabilities 36,068 30,174
General and administrative expense 9,646 7,849
Total Costs and Expenses 88,584 78,116
Gain on Sale and Exchange of Assets 41,258 32,378
Income from Operations 41,984 11,028
Other Income and Expenses    
Less: Interest expense 2,310 3,507
Add: Interest income 7 1
Income Before Provision (Benefit) for Income Taxes 39,681 7,522
Provision (Benefit) for Income Taxes (7,753) 2,100
Net Income 47,434 5,422
Less: Net Income Attributable to Non-Controlling Interest 5,436 1,978
Net Income Attributable to PrimeEnergy $ 41,998 $ 3,444
Basic Income Per Common Share $ 18.99 $ 1.50
Diluted Income Per Common Share $ 14.18 $ 1.13