XML 57 R45.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Note 7 - Commodity Derivatives - Schedule of Contracts Outstanding (Details) | 6 Months Ended
--- | ---
Jun. 30, 2024 $ / item $ / bbl bbl
Quantity of crude oil (Barrel of Oil) | 249,845 |
Weighted average price floor (in USD per Barrel of Oil) | $ / item | 75.53 |
Third Quarter 2024 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 45,000 | [1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl | 79.8 |
Fourth Quarter 2024 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 40,720 | [1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl | 78.15 |
Crude Oil 2024 Contracts [Member] |  |
Quantity of crude oil (Barrel of Oil) | 85,720 | [1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl | 79.02 |
First Quarter 2025 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 45,000 |
Weighted average price floor (in USD per Barrel of Oil) | $ / item | 75.73 |
Second Quarter 2025 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 43,225 | [1]
Weighted average price floor (in USD per Barrel of Oil) | $ / bbl | 74.19 |
Third Quarter 2025 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 39,100 |
Weighted average price floor (in USD per Barrel of Oil) | $ / item | 72.82 |
Fourth Quarter 2025 Crude Oil Contracts, Fixed Price Swaps [Member] |  |
Quantity of crude oil (Barrel of Oil) | 36,800 |
Weighted average price floor (in USD per Barrel of Oil) | $ / item | 71.64 |
Crude Oil 2025 Contracts [Member] |  |
Quantity of crude oil (Barrel of Oil) | 164,125 |
Weighted average price floor (in USD per Barrel of Oil) | $ / item | 73.71 |
[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_ThirdQuarter2024CrudeOilContractsFixedPriceSwapsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=useg_FourthQuarter2024CrudeOilContractsFixedPriceSwapsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=useg_CrudeOil2024ContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=useg_FirstQuarter2025CrudeOilContractsFixedPriceSwapsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=useg_SecondQuarter2025CrudeOilContractsFixedPriceSwapsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=useg_ThirdQuarter2025CrudeOilContractsFixedPriceSwapsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=useg_FourthQuarter2025CrudeOilContractsFixedPriceSwapsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=useg_CrudeOil2025ContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |