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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Realized gain (loss) on derivative instruments, net $ (701) $ 4,757 $ (913) $ 5,954
Unrealized gain (loss) on derivative instruments, net (5,057) (5,615) (5,968) 941
Other income   136 29 165
Total Revenues 13,663 7,278 28,635 33,386
Costs and Expenses        
Lease operating expense 5,290 6,230 10,572 12,574
Field service expense 2,378 1,925 4,331 5,474
Depreciation, depletion, amortization and accretion on discounted liabilities 6,610 6,900 13,107 15,093
General and administrative expense 2,473 2,570 5,107 10,306
Total Costs and Expenses 16,751 17,625 33,117 43,447
Gain on Sale and Exchange of Assets 106 82 106 194
(Loss) from Operations (2,982) (10,265) (4,376) (9,867)
Other (Expense)        
Interest (Expense) (484) (500) (1,007) (1,159)
(Loss) Before Income Taxes (3,466) (10,765) (5,383) (11,026)
Income Taxes (Benefit) (1,054) (3,979) (1,514) (4,036)
Net (Loss) (2,412) (6,786) (3,869) (6,990)
Less: Net (Loss) Attributable to Non-Controlling Interests (9) (520) (11) (554)
Net (Loss) Attributable to PrimeEnergy $ (2,403) $ (6,266) $ (3,858) $ (6,436)
Basic (Loss) Per Common Share $ (1.20) $ (3.14) $ (1.93) $ (3.23)
Diluted (Loss) Per Common Share $ (1.20) $ (3.14) $ (1.93) $ (3.23)
Oil sales [Member]        
Revenues        
Oil, gas and service income $ 10,664 $ 3,613 $ 19,934 $ 14,324
Natural gas sales [Member]        
Revenues        
Oil, gas and service income 2,292 543 3,950 1,389
Natural gas liquids sales [Member]        
Revenues        
Oil, gas and service income 2,404 495 4,149 1,738
Oil and gas service [Member]        
Costs and Expenses        
Field service expense 2,900 2,381 5,163 6,681
Administrative Service [Member]        
Revenues        
Oil, gas and service income $ 1,161 $ 968 $ 2,291 $ 2,194