NOTE 6 - INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company’s deferred assets and liabilities at December 31, 2015 and 2014, respectively, are as follows:

	2015			2014
Deferred Tax Assets (Liabilities):
Statutory Depletion Carry Forward	$	555,093		$	672,480
Net Operating Loss		4,651,428			4,568,737
Other		1,247,829			939,061
Share-Based Compensation		96,536			70,921
Capital Loss / AMT Credit Carry Forward		18,915			76,410
Charitable Contributions Carry Forward		21,644			16,602
Allowance for Doubtful Accounts		887,418			681,052
Oil and Gas Properties and Fixed Assets		4,980,324			4,828,214
	$	12,459,187		$	11,853,477
Valuation Allowance		(12,459,187	)		(11,853,477	)
Net Deferred Tax Asset	$	-		$	-
Deferred Tax Assets:
Current	$	150,845		$	126,499
Non-current		(150,845	)		(126,499	)
Deferred Tax Liabilities:
Current
Non-current
Net Deferred Tax Asset	$	-		$	-

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of Royale Energy's provision for income taxes and the amount computed by applying the statutory income tax rates at December 31, 2014 and 2013, respectively, to pretax income is as follows:

	2015			2014
Tax (benefit) computed at statutory rate of 34%	$	(683,678	)	$	(731,630)
Increase (decrease) in taxes resulting from:
State tax / percentage depletion / other		957			-
Other non-deductible expenses		1,478			1,665
Change in valuation allowance		681,243			729,965
Provision (benefit)	$	-		$	-

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the Company’s tax provision are as follows:

	2015		2014
Current tax provision (benefit) – federal	$	-		-
Current tax provision (benefit) – state		-		-
Deferred tax provision (benefit) – federal		-		-
Deferred tax provision (benefit) – state		-		-
Total provision (benefit)	$	-		-