NOTE 11 - STOCK COMPENSATION PLAN (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The 2014 options were granted with the following assumptions:

Options	2015		2014
Expected volatility		-		81.33	%
Weighted-average volatility		-		81.33	%
Expected dividends		-		-
Expected term (months)		-		39
Risk-free rate		-		.57	%

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

A summary of the status of Royale Energy's stock option plan as of December 31, 2015 and 2014, and changes during the years ending on those dates is presented below:

	2015					2014
				Weighted-					Weighted-
				Average					Average
				Exercise					Exercise
	Shares			Price		Shares			Price
Options
Outstanding and Exercisable at Beginning of Year		281,308		$	3.47		346,308		$	3.25
Granted or Vested		100,000			5.00		35,000			5.00
Exercised		-			-		-			-
Forfeited		(281,308	)		-		(100,000	)		-
Options Outstanding and Exercisable at Year End		100,000		$	5.00		281,308		$	3.47
Weighted-average Fair Value of Options Granted During the Year	$	-				$	-

Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]

A summary of the status of Royale Energy's non-vested stock options as of December 31, 2015 and 2014, and changes during the years ending on those dates is presented below:

	2015				2014
			Weighted-				Weighted-
			Average				Average
			Grant-Date				Grant-Date
	Shares		Fair Value		Shares		Fair Value
Non-vested Stock Options
Non-vested at Beginning of Year		105,000	$	0.97		-	$	-
Granted		-		-		140,000		0.97
Reinstated		-		-		-		-
Vested		90,000		0.97		35,000		0.97
Expired or Forfeited		15,000		0.97		-		-
Non-vested at End of Year		-	$			105,000	$	0.97