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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues    
Realized gain (loss) on derivative instruments, net $ (16,644) $ (5,045)
Unrealized (loss) on derivative instruments 4,605 (4,914)
Other income 30 29
Total Revenues 125,087 72,458
Costs and Expenses    
Lease operating expense 37,816 24,419
Field service expense 11,094 9,152
Depreciation, depletion, amortization and accretion on discounted liabilities 28,068 26,325
General and administrative expense 20,233 9,084
Total Costs and Expenses 97,211 68,980
Gain on Sale and Exchange of Assets 31,789 1,478
Income from Operations 59,665 4,956
Other Income and Expenses    
Less: Interest expense (909) (2,007)
Add: Interest income 237  
Add: PPP Loan Forgiveness 0 1,693
Income Before Provision Income Taxes 58,993 4,642
Income Tax Expense 10,329 2,516
Net Income 48,664 2,126
Less: Net Income Attributable to Non-Controlling Interest 0 28
Net Income Attributable to PrimeEnergy $ 48,664 $ 2,098
Basic Income Per Common Share $ 24.91 $ 1.05
Diluted Income Per Common Share $ 17.95 $ 0.76
Oil sales [Member]    
Revenues    
Oil, gas and service income $ 90,803 $ 50,474
Natural gas sales [Member]    
Revenues    
Oil, gas and service income 18,428 11,432
Natural gas liquids sales [Member]    
Revenues    
Oil, gas and service income 14,887 11,220
Oil and gas service [Member]    
Revenues    
Oil, gas and service income $ 12,978 $ 9,262