XML 55 R43.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Note 7 - Commodity Derivatives - Schedule of Contracts Outstanding (Details)	3 Months Ended
	Mar. 31, 2024 $ / bbl bbl
Second Quarter Crude Oil 2023 Contracts Collars [Member]
Quantity of crude oil (Barrel of Oil) | bbl	48,600	[1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl	81.76
Third Quarter Crude Oil 2023 Contracts Collars [Member]
Quantity of crude oil (Barrel of Oil) | bbl	45,000	[1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl	79.8
Fourth Quarter 2023 Crude Oil Contracts [Member]
Quantity of crude oil (Barrel of Oil) | bbl	40,720	[1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl	78.15
Crude Oil 2023 Contracts [Member]
Quantity of crude oil (Barrel of Oil) | bbl	134,320	[1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl	80.01
[1] “Bbl” refers to one stock tank barrel, or 42 U.S. gallons liquid volume, used in this report in reference to crude oil or other liquid hydrocarbons.

X

- Definition

Floor rate on a price risk derivative such as a floor or a collar. A payment or receipt is triggered if the market rate falls below the floor rate on the contract.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeFloorPrice
Namespace Prefix:	us-gaap_
Data Type:	srt-types:perUnitItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Nominal volume used to calculate payments on a derivative instrument.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeNonmonetaryNotionalAmountVolume
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:volumeItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=useg_SecondQuarterCrudeOil2023ContractsCollarsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=useg_ThirdQuarterCrudeOil2023ContractsCollarsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=useg_FourthQuarter2023CrudeOilContractsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=useg_CrudeOil2023ContractsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: