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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Revenues    
Realized gain (loss) on derivative instruments, net $ (5,045) $ 6,173
Unrealized (loss) on derivative instruments (4,914) (190)
Other income 29 182
Total Revenues 79,613 58,421
Costs and Expenses    
Lease operating expense 27,804 23,028
Field service expense 11,580 9,006
Depreciation, depletion, amortization and accretion on discounted liabilities 26,325 28,176
General and administrative expense 10,426 15,027
Total Costs and Expenses 76,135 75,237
Gain on Sale and Exchange of Assets 1,478 15,836
Income (Loss) from Operations 4,956 (980)
Other Income and Expenses    
Less: Interest expense (2,007) (1,902)
Add:Other income   2
Add: PPP Loan Forgiveness 1,693  
Income (Loss) Before Provision for (Benefit from) Income Taxes 4,642 (2,880)
Provision (Benefit from) Income Taxes 2,516 (517)
Net Income (Loss) 2,126 (2,363)
Less: Net Income (Loss) Attributable to Non-Controlling Interest 28 (47)
Net Income (Loss) Attributable to PrimeEnergy $ 2,098 $ (2,316)
Basic Income (Loss) Per Common Share $ 1.05 $ (1.16)
Diluted Income (Loss) Per Common Share $ 0.76 $ (1.16)
Oil sales [Member]    
Revenues    
Oil, gas and service income $ 50,474 $ 27,865
Natural gas sales [Member]    
Revenues    
Oil, gas and service income 11,432 4,202
Natural gas liquids sales [Member]    
Revenues    
Oil, gas and service income 11,220 4,906
Oil and gas service [Member]    
Revenues    
Oil, gas and service income 11,806 11,120
Administrative Service [Member]    
Revenues    
Oil, gas and service income $ 4,611 $ 4,163