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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Realized gain (loss) on derivative instruments, net $ (1,983) $ 222 $ (2,896) $ 6,176
Unrealized gain (loss) on derivative instruments, net (1,194) (1,003) (7,162) (62)
Other income 1 75 30 240
Total Revenues 19,035 11,792 47,670 45,178
Costs and Expenses        
Lease operating expense 7,248 3,804 17,820 16,378
Field service expense 3,413 1,974 7,744 7,448
Depreciation, depletion, amortization and accretion on discounted liabilities 6,883 9,431 19,990 24,524
General and administrative expense 2,368 2,571 7,475 12,877
Total Costs and Expenses 19,912 17,780 53,029 61,227
Gain on Sale and Exchange of Assets 5 14,773 111 14,967
Income (Loss) from Operations (872) 8,785 (5,248) (1,082)
Other Income (Expense)        
Interest Income   1   1
Interest Expense (462) (470) (1,469) (1,629)
Income (Loss) Before Income Taxes (1,334) 8,316 (6,717) (2,710)
Income Taxes Expense (Benefit) (186) 1,372 (1,700) (2,664)
Net Income (Loss) (1,148) 6,944 (5,017) (46)
Less: Net Income (Loss) Attributable to Non-Controlling Interests 15 443 4 (111)
Net Income Attributable to PrimeEnergy $ (1,163) $ 6,501 $ (5,021) $ 65
Basic Income Per Common Share $ (0.58) $ 3.26 $ (2.52) $ 0.03
Diluted Income Per Common Share $ (0.58) $ 2.36 $ (2.52) $ 0.02
Oil sales [Member]        
Revenues        
Oil, gas and service income $ 10,442 $ 6,339 $ 30,376 $ 20,663
Natural gas sales [Member]        
Revenues        
Oil, gas and service income 3,998 1,052 7,948 3,212
Natural gas liquids sales [Member]        
Revenues        
Oil, gas and service income 3,632 1,474 7,781 2,441
Oil and gas service [Member]        
Costs and Expenses        
Field service expense 2,975 2,567 8,138 9,248
Administrative Service [Member]        
Revenues        
Oil, gas and service income $ 1,164 $ 1,066 $ 3,455 $ 3,260