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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Realized gain (loss) on derivative instruments, net $ 222 $ (195) $ 6,176 $ (968)
Unrealized gain (loss) on derivative instruments, net (1,003) 2,071 (62) (819)
Other income 75 2 240 65
Total Revenues 11,792 28,182 45,178 84,135
Costs and Expenses        
Lease operating expense 3,804 8,207 16,378 24,432
Field service expense 1,974 3,972 7,448 11,616
Depreciation, depletion, amortization and accretion on discounted liabilities 9,431 9,255 24,524 27,805
General and administrative expense 2,571 2,854 12,877 12,625
Total Costs and Expenses 17,780 24,288 61,227 76,478
Gain on Sale and Exchange of Assets 14,773 114 14,967 1,803
Income (Loss) from Operations 8,785 4,008 (1,082) 9,460
Other Income (Expense)        
Interest Income 1 7 1 17
Interest Expense (470) (919) (1,629) (2,907)
Income (Loss) Before Income Taxes 8,316 3,096 (2,710) 6,570
Income Taxes Expense (Benefit) 1,372 569 (2,664) 1,252
Net Income (Loss) 6,944 2,527 (46) 5,318
Less: Net Income (Loss) Attributable to Non-Controlling Interests 443 15 (111) 69
Net Income Attributable to PrimeEnergy $ 6,501 $ 2,512 $ 65 $ 5,249
Basic Income Per Common Share $ 3.26 $ 1.25 $ 0.03 $ 2.61
Diluted Income Per Common Share $ 2.36 $ 0.91 $ 0.02 $ 1.90
Oil sales [Member]        
Revenues        
Oil, gas and service income $ 6,339 $ 16,928 $ 20,663 $ 55,370
Natural gas sales [Member]        
Revenues        
Oil, gas and service income 1,052 1,467 3,212 5,057
Natural gas liquids sales [Member]        
Revenues        
Oil, gas and service income 1,474 1,687 2,441 6,906
Oil and gas service [Member]        
Costs and Expenses        
Field service expense 2,567 4,866 9,248 14,356
Administrative Service [Member]        
Revenues        
Oil, gas and service income $ 1,066 $ 1,356 $ 3,260 $ 4,168