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Consolidated Statement of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Realized (loss) on derivative instruments, net $ (495) $ (227)
Field service income 4,215 3,761
Administrative overhead fees 1,504 1,581
Unrealized (loss) gain on derivative instruments, net (1,821) 2,804
Other income 0 118
Total Revenues 28,467 20,475
Costs and Expenses    
Lease operating expense 8,579 7,140
Field service expense 3,210 2,982
Depreciation, depletion, amortization and accretion on discounted liabilities 7,923 7,938
General and administrative expense 5,976 1,736
Total Costs and Expenses 25,688 19,796
Gain on Sale and Exchange of Assets 2,472 41,602
Income from Operations 5,251 42,281
Other Income (Expense)    
Interest income 11  
Interest expense (862) 605
Income Before Provision for Income Taxes 4,400 41,676
Provision for Income Taxes 1,099 13,667
Net Income 3,301 28,009
Less: Net Income Attributable to Non-Controlling Interests 15 5,712
Net Income Attributable to PrimeEnergy $ 3,286 $ 22,297
Basic Income Per Common Share $ 1.53 $ 9.77
Diluted Income Per Common Share $ 1.14 $ 7.35
Oil [Member]    
Revenues    
Oil and gas sales $ 20,101 $ 8,674
Natural Gas [Member]    
Revenues    
Oil and gas sales 2,363 2,658
Natural Gas Liquids [Member]    
Revenues    
Oil and gas sales $ 2,600 $ 1,106