| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
Oil and gas sales | |||||||||
- | - | - | 38,306 | 45,632 | 91,045 | 92,785 | 87,834 | 88,429 | 81,685 |
Realized (loss) on derivative instruments, net | |||||||||
-1,371 | -4,095 | -155 | -16 | 21,151 | 135 | -1,322 | 502 | 7,601 | 1,373 |
Field service income | |||||||||
- | - | - | 15,432 | 20,879 | 26,270 | - | - | - | - |
Field service income | |||||||||
- | - | - | - | - | - | 24,934 | 20,421 | 23,201 | - |
Administrative overhead fees | |||||||||
- | - | - | 6,567 | 8,287 | 9,373 | 9,255 | 8,585 | - | - |
Realized gain on derivative instruments, net | |||||||||
- | - | - | - | - | - | - | - | - | 3,578 |
Field service income | |||||||||
- | - | - | - | - | - | - | - | - | 22,621 |
Administrative overhead fees | |||||||||
- | - | - | - | - | - | - | - | 8,688 | 8,707 |
Unrealized (loss) gain on derivative instruments | |||||||||
-2,777 | 5,330 | 547 | -3,582 | -16,901 | 17,574 | -649 | 3,483 | -914 | - |
Other income | |||||||||
84 | 198 | 173 | 59 | 58 | 183 | 64 | 154 | 75 | 205 |
Total Revenues | |||||||||
104,824 | 118,100 | 89,310 | 56,766 | 79,106 | 144,580 | 125,067 | 120,979 | 127,080 | 118,169 |
Costs and Expenses | |||||||||
Lease operating expense | |||||||||
33,461 | 34,996 | 30,880 | - | - | - | - | - | - | - |
Field service expense | |||||||||
15,446 | 14,475 | - | - | - | - | - | - | - | - |
Lease operating expense | |||||||||
- | - | - | 27,544 | 35,206 | 43,972 | 43,809 | 39,868 | 36,897 | 34,984 |
Field service expense | |||||||||
- | - | 11,990 | 12,549 | 17,641 | 21,185 | - | - | - | - |
Field service expense | |||||||||
- | - | - | - | - | - | 21,027 | 17,576 | 17,242 | 14,315 |
Depreciation, depletion, amortization and accretion on discounted liabilities | |||||||||
36,156 | 37,729 | 36,068 | 30,174 | 31,551 | 25,864 | 21,861 | 23,269 | 48,400 | 45,688 |
Gain on settlement of asset retirement obligations | |||||||||
- | - | - | - | - | 1,797 | -40 | - | - | - |
Loss on settlement of asset retirement obligation | |||||||||
- | - | - | - | - | - | - | - | - | 37 |
General and administrative expense | |||||||||
15,639 | 13,550 | 9,646 | 7,849 | 12,267 | 14,460 | 16,659 | 15,870 | 14,890 | 13,464 |
Exploration costs | |||||||||
- | - | - | - | - | - | 8 | 10 | 38 | 91 |
Total Costs and Expenses | |||||||||
100,702 | 100,750 | 88,584 | 78,116 | 96,665 | 103,684 | 103,404 | 96,593 | 117,467 | 108,579 |
Gain on Sale and Exchange of Assets | |||||||||
4,574 | 3,662 | 41,258 | 32,378 | 1,386 | 6,115 | 2,816 | 730 | - | - |
Gain on Sale and Exchange of Assets | |||||||||
- | - | - | - | - | - | - | - | 1,602 | 1,725 |
Income from Operations | |||||||||
8,696 | 21,012 | 41,984 | 11,028 | -16,173 | 47,011 | 24,479 | 25,116 | 11,215 | 11,315 |
Other Income and Expenses | |||||||||
Less: Interest expense | |||||||||
-3,635 | -3,413 | -2,310 | - | - | - | - | - | - | - |
Less: Interest expense | |||||||||
- | - | - | 3,507 | 3,627 | 4,018 | 4,223 | 3,577 | 3,711 | 6,650 |
Add: Interest income | |||||||||
19 | 44 | 7 | 1 | 2 | - | 2 | 91 | 446 | 621 |
Income Before Provision for Income Taxes | |||||||||
5,080 | 17,643 | 39,681 | 7,522 | -19,798 | 42,993 | - | - | - | - |
Income Before Provision for Income Taxes | |||||||||
- | - | - | - | - | - | 20,258 | 21,630 | 7,950 | 5,286 |
Provision for Income Taxes | |||||||||
1,421 | 2,978 | -7,753 | 2,100 | -6,648 | 13,844 | 6,818 | 6,856 | 1,275 | 1,002 |
Net Income | |||||||||
3,659 | 14,665 | 47,434 | 5,422 | -13,150 | 29,149 | 13,440 | 14,774 | 6,675 | 4,284 |
Less: Net Income Attributable to Non-Controlling Interest | |||||||||
183 | 136 | 5,436 | 1,978 | -366 | 2,103 | 1,169 | 282 | 1,864 | 1,531 |
Net Income Attributable to PrimeEnergy | |||||||||
3,476 | 14,529 | 41,998 | 3,444 | -12,784 | 27,046 | 12,271 | 15,056 | 4,811 | 2,753 |
Basic Income Per Common Share | |||||||||
1.72 | 6.96 | 18.99 | 1.50 | -5.53 | 11.45 | 5.04 | 5.74 | 1.75 | 0.94 |
Diluted Income Per Common Share | |||||||||
1.25 | 5.11 | 14.18 | 1.13 | -5.53 | 8.68 | 3.86 | 4.48 | 1.38 | 0.75 |
Oil sales [Member] | |||||||||
Oil, gas and service income | |||||||||
68,366 | 71,766 | - | - | - | - | - | - | - | - |
Oil and Gas Sales [Member] | |||||||||
Oil, gas and service income | |||||||||
- | - | 50,041 | - | - | - | - | - | - | - |
Natural gas sales [Member] | |||||||||
Oil, gas and service income | |||||||||
6,539 | 8,590 | 9,745 | - | - | - | - | - | - | - |
Natural gas liquids sales [Member] | |||||||||
Oil, gas and service income | |||||||||
9,110 | 12,859 | 7,097 | - | - | - | - | - | - | - |
Oil and gas service [Member] | |||||||||
Oil, gas and service income | |||||||||
- | - | 15,704 | - | - | - | - | - | - | - |
Field service expense | |||||||||
19,214 | 17,732 | - | - | - | - | - | - | - | - |
Administrative Service [Member] | |||||||||
Oil, gas and service income | |||||||||
5,659 | 5,720 | 6,158 | - | - | - | - | - | - | - |