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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Revenues    
Realized gain (loss) on derivative instruments, net $ 6,173 $ (1,371)
Unrealized (loss) on derivative instruments (190) (2,777)
Other income 182 84
Total Revenues 58,421 104,824
Costs and Expenses    
Lease operating expense 23,028 33,461
Field service expense 9,006 15,446
Depreciation, depletion, amortization and accretion on discounted liabilities 28,176 36,156
General and administrative expense 15,027 15,639
Total Costs and Expenses 75,237 100,702
Gain on Sale and Exchange of Assets 15,836 4,574
(Loss) Income from Operations (980) 8,696
Other Income and Expenses    
Less: Interest expense 1,902 3,635
Add: Interest income 2 19
(Loss) Income Before (Benefit from) Provision for Income Taxes (2,880) 5,080
(Benefit from) Provision for Income Taxes (517) 1,421
Net (Loss) Income (2,363) 3,659
Less: Net (Loss) Income Attributable to Non-Controlling Interest (47) 183
Net (Loss) Income Attributable to PrimeEnergy $ (2,316) $ 3,476
Basic (Loss) Income Per Common Share $ (1.16) $ 1.72
Diluted (Loss) Income Per Common Share $ (1.16) $ 1.25
Oil sales [Member]    
Revenues    
Oil, gas and service income $ 27,865 $ 68,366
Natural gas sales [Member]    
Revenues    
Oil, gas and service income 4,202 6,539
Natural gas liquids sales [Member]    
Revenues    
Oil, gas and service income 4,906 9,110
Oil and gas service [Member]    
Costs and Expenses    
Field service expense 11,120 19,214
Administrative Service [Member]    
Revenues    
Oil, gas and service income $ 4,163 $ 5,659