XML 23 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
Commodity Price Risk Management (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Derivative Liability, Fair Value, Net [Abstract]    
Realized derivative (loss) $ (114)us-gaap_GainLossFromPriceRiskManagementActivity $ (158)us-gaap_GainLossFromPriceRiskManagementActivity
Unrealized derivative (loss) (63)us-gaap_UnrealizedGainLossOnDerivatives (173)us-gaap_UnrealizedGainLossOnDerivatives
Total realized and unrealized derivative (loss) (177)us-gaap_DerivativeGainLossOnDerivativeNet (331)us-gaap_DerivativeGainLossOnDerivativeNet
Current Asset [Member] | Crude Oil Derivative Contract [Member]    
Derivative Asset, Fair Value, Net [Abstract]    
Derivative Assets, Gross 287us-gaap_DerivativeFairValueOfDerivativeAsset
/ us-gaap_AverageSalesPriceAndProductionCostsPerUnitOfProductionProductionTypeAxis
= useg_CrudeOilDerivativeContractMember
/ us-gaap_BalanceSheetLocationAxis
= useg_CurrentAssetMember
 
Derivative Asset, Gross amount offset in (287)us-gaap_DerivativeAssetFairValueGrossLiability
/ us-gaap_AverageSalesPriceAndProductionCostsPerUnitOfProductionProductionTypeAxis
= useg_CrudeOilDerivativeContractMember
/ us-gaap_BalanceSheetLocationAxis
= useg_CurrentAssetMember
 
Derivative Asset, Net amount of assets 0us-gaap_DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
/ us-gaap_AverageSalesPriceAndProductionCostsPerUnitOfProductionProductionTypeAxis
= useg_CrudeOilDerivativeContractMember
/ us-gaap_BalanceSheetLocationAxis
= useg_CurrentAssetMember
 
Current Liability [Member] | Crude Oil Derivative Contract [Member]    
Derivative Liability, Fair Value, Net [Abstract]    
Derivative Liability, Gross 350us-gaap_DerivativeLiabilityFairValueGrossAsset
/ us-gaap_AverageSalesPriceAndProductionCostsPerUnitOfProductionProductionTypeAxis
= useg_CrudeOilDerivativeContractMember
/ us-gaap_BalanceSheetLocationAxis
= useg_CurrentLiabilityMember
 
Derivative Liabilities, Gross amount offset in (287)us-gaap_DerivativeFairValueOfDerivativeLiability
/ us-gaap_AverageSalesPriceAndProductionCostsPerUnitOfProductionProductionTypeAxis
= useg_CrudeOilDerivativeContractMember
/ us-gaap_BalanceSheetLocationAxis
= useg_CurrentLiabilityMember
 
Derivative Liability, Net amount of assets $ 63us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
/ us-gaap_AverageSalesPriceAndProductionCostsPerUnitOfProductionProductionTypeAxis
= useg_CrudeOilDerivativeContractMember
/ us-gaap_BalanceSheetLocationAxis
= useg_CurrentLiabilityMember
 
Crude Oil Put 02/01/15 - 04/30/15 [Member]    
Derivative [Line Items]    
Counterparty Wells Fargo  
Basis WTI  
Quantity (barrels per day) 500useg_PortionOfFutureOilAndGasProductionBeingHedgedPerDay
/ us-gaap_TradingActivityByTypeAxis
= useg_CrudeOilPutMember
 
Crude Oil Put 02/01/15 - 04/30/15 [Member] | Put Option [Member]    
Derivative [Line Items]    
Strike Price (in dollars per barrel) 46.00us-gaap_DerivativePriceRiskOptionStrikePrice
/ us-gaap_OptionIndexedToIssuersEquityTypeAxis
= us-gaap_PutOptionMember
/ us-gaap_TradingActivityByTypeAxis
= useg_CrudeOilPutMember
 
Crude Oil Costless Collar 05/01/15 - 12/31/15 [Member]    
Derivative [Line Items]    
Counterparty Wells Fargo  
Basis WTI  
Quantity (barrels per day) 500useg_PortionOfFutureOilAndGasProductionBeingHedgedPerDay
/ us-gaap_TradingActivityByTypeAxis
= useg_CrudeOilCostlessCollarSettlementDateNineMember
 
Crude Oil Costless Collar 05/01/15 - 12/31/15 [Member] | Put Option [Member]    
Derivative [Line Items]    
Strike Price (in dollars per barrel) 45.00us-gaap_DerivativePriceRiskOptionStrikePrice
/ us-gaap_OptionIndexedToIssuersEquityTypeAxis
= us-gaap_PutOptionMember
/ us-gaap_TradingActivityByTypeAxis
= useg_CrudeOilCostlessCollarSettlementDateNineMember
 
Crude Oil Costless Collar 05/01/15 - 12/31/15 [Member] | Call Option [Member]    
Derivative [Line Items]    
Strike Price (in dollars per barrel) 58.79us-gaap_DerivativePriceRiskOptionStrikePrice
/ us-gaap_OptionIndexedToIssuersEquityTypeAxis
= us-gaap_CallOptionMember
/ us-gaap_TradingActivityByTypeAxis
= useg_CrudeOilCostlessCollarSettlementDateNineMember