CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Thousands	3 Months Ended
Mar. 31, 2023	Mar. 31, 2022
Revenue:
Oil and gas sales	$ 8,164	$ 7,090
Operating expenses:
Lease operating costs	2,466	2,356
Selling, general and administrative expense	1,488	1,592
Depreciation, depletion, amortization and accretion	2,581	1,886
Total operating expenses	6,535	5,834
Operating income	1,629	1,256
Interest income	98	3
Other income	35	80
Total other income	133	83
Net income	$ 1,762	$ 1,339
Basic	$ 0.02	$ 0.02
Diluted	$ 0.02	$ 0.02
Weighted average number of common shares outstanding:
Basic	86,720,823	86,066,070
Diluted	86,720,823	86,066,070

No definition available.

Name:	ped_OilAndGasSales
Namespace Prefix:	ped_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

The current period expense charged against earnings on long-lived, physical assets not used in production, and which are not intended for resale, to allocate or recognize the cost of such assets over their useful lives; or to record the reduction in book value of an intangible asset over the benefit period of such asset; or to reflect consumption during the period of an asset that is not used in production.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585