NOTE 5 - FINANCIAL INFORMATION RELATING TO INDUSTRY SEGMENTS (Tables)

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Royale Energy's operations are classified into two principal industry segments. Following is a summary of segmented information for the nine months ended September 30, 2013, and 2012 -Restated:

	Oil and Gas
	Producing		Turnkey
	and		Drilling
	Exploration		Services		Total
Nine Months Ended September 30, 2013:
Revenues from External Customers	$	1,286,834		3,363,989		4,650,823
Supervisory Fees		467,096		0		467,096
Interest Revenue		0		18,438		18,438
Interest Expense		152,236		152,236		304,472
Operating Expenses for Segment Assets		2,451,811		3,028,194		5,480,005
Depreciation, Depletion and Amortization		766,989		40,368		807,357
Lease Impairment		23,156		23,155		46,311
Gain on Sale of Assets		2,645,153		0		2,645,153
Income Tax Benefit		0		0		0
Total Assets	$	16,444,945		865,523		17,310,468
Net Income (Loss)	$	1,004,891		138,474		1,143,365

	Oil and Gas
	Producing			Turnkey
	and			Drilling
	Exploration			Services			Total
Nine Months Ended September 30, 2012 - Restated:
Revenues from External Customers	$	1,255,321		$	0		$	1,255,321
Supervisory Fees		530,025			0			530,025
Interest Revenue		0			5,692			5,692
Interest Expense		43,701			43,700			87,401
Expenditures for Segment Assets		3,332,051			1,721,568			5,053,619
Depreciation, Depletion and Amortization		1,324,327			69,701			1,394,028
Lease Impairment		101,064			101,063			202,127
Gain on Sale of Assets		3,284			0			3,284
Income Tax Benefit		(874,032	)		(560,057	)		(1,434,089	)
Total Assets	$	18,582,220		$	978,012		$	19,560,232
Net Loss	$	(2,138,481	)	$	(1,370,283	)	$	(3,508,764	)