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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Revenues    
Realized (loss) on derivative instruments, net $ (1,371) $ (4,095)
Unrealized (loss) gain on derivative instruments (2,777) 5,330
Other income 84 198
Total Revenues 104,824 118,100
Costs and Expenses    
Lease operating expense 33,461 34,996
Field service expense 15,446 14,475
Depreciation, depletion, amortization and accretion on discounted liabilities 36,156 37,729
General and administrative expense 15,639 13,550
Total Costs and Expenses 100,702 100,750
Gain on Sale and Exchange of Assets 4,574 3,662
Income from Operations 8,696 21,012
Other Income and Expenses    
Less: Interest expense 3,635 3,413
Add: Interest income 19 44
Income Before Provision for Income Taxes 5,080 17,643
Provision for Income Taxes 1,421 2,978
Net Income 3,659 14,665
Less: Net Income Attributable to Non-Controlling Interest 183 136
Net Income Attributable to PrimeEnergy $ 3,476 $ 14,529
Basic Income Per Common Share $ 1.72 $ 6.96
Diluted Income Per Common Share $ 1.25 $ 5.11
Oil sales [Member]    
Revenues    
Oil, gas and service income $ 68,366 $ 71,766
Natural gas sales [Member]    
Revenues    
Oil, gas and service income 6,539 8,590
Natural gas liquids sales [Member]    
Revenues    
Oil, gas and service income 9,110 12,859
Oil and gas service [Member]    
Costs and Expenses    
Field service expense 19,214 17,732
Administrative Service [Member]    
Revenues    
Oil, gas and service income $ 5,659 $ 5,720