Schedule I - Parent Company Financial Statement (Statements Of Consolidated Operations) (Detail) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2015 |
Sep. 30, 2015 |
Jun. 30, 2015 |
Mar. 31, 2015 |
Dec. 31, 2014 |
Sep. 30, 2014 |
Jun. 30, 2014 |
Mar. 31, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
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Revenues: | |||||||||||||||||||||||
Oil and natural gas sales | $ 17,523 | [1] | $ 17,546 | [1] | $ 27,137 | [1] | $ 18,239 | [1] | $ 23,037 | [1] | $ 24,486 | [1] | $ 52,098 | [1] | $ 28,071 | [1] | $ 80,445 | $ 127,691 | $ 169,277 | ||||
Operating costs and expenses: | |||||||||||||||||||||||
Depreciation, depletion and amortization | 33,010 | 20,086 | 16,929 | ||||||||||||||||||||
General and administrative expense | 14,829 | 14,194 | 11,254 | ||||||||||||||||||||
General and administrative related to shareholder matters | 2,372 | ||||||||||||||||||||||
Total operating costs and expenses | 89,301 | [2] | 49,667 | [2] | 28,225 | [2] | 53,857 | [2] | 117,308 | [2] | 17,799 | 18,270 | 28,721 | 221,050 | 182,097 | 92,052 | |||||||
Operating income (loss) | (75,124) | (32,121) | (1,030) | (35,278) | (94,270) | 6,687 | 33,828 | (650) | (143,553) | (54,406) | 77,225 | ||||||||||||
Other income (expense): | |||||||||||||||||||||||
Other, net | 809 | (733) | (111) | ||||||||||||||||||||
Total other income (expense) | (516) | (658) | (38) | ||||||||||||||||||||
Income (loss) before income taxes | (144,069) | (55,064) | 77,187 | ||||||||||||||||||||
Income tax expense | (14,587) | (22,486) | (34,115) | ||||||||||||||||||||
Net income (loss) | $ (80,779) | $ (33,668) | $ (5,204) | $ (39,005) | $ (98,332) | $ 3,109 | $ 24,711 | $ (7,038) | (158,656) | (77,550) | 43,072 | ||||||||||||
VAALCO ENERGY, INC. | |||||||||||||||||||||||
Operating costs and expenses: | |||||||||||||||||||||||
Depreciation, depletion and amortization | 240 | 94 | 63 | ||||||||||||||||||||
General and administrative expense | 7,550 | 6,740 | 5,750 | ||||||||||||||||||||
General and administrative related to shareholder matters | 2,372 | ||||||||||||||||||||||
Total operating costs and expenses | 10,162 | 6,834 | 5,813 | ||||||||||||||||||||
Operating income (loss) | (10,162) | (6,834) | (5,813) | ||||||||||||||||||||
Other income (expense): | |||||||||||||||||||||||
Interest income (expense), net | (181) | 33 | 33 | ||||||||||||||||||||
Other, net | (469) | 450 | |||||||||||||||||||||
Equity in subsidiary earnings (losses) | (146,495) | (71,199) | 48,852 | ||||||||||||||||||||
Total other income (expense) | (147,145) | (70,716) | 48,885 | ||||||||||||||||||||
Income (loss) before income taxes | (157,307) | (77,550) | 43,072 | ||||||||||||||||||||
Income tax expense | (1,349) | ||||||||||||||||||||||
Net income (loss) | $ (158,656) | $ (77,550) | $ 43,072 | ||||||||||||||||||||
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