VAALCO Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Organization and Accounting Policies (Policy)
Notes Tables
Notes Details

Acquisitions and Dispositions (Narrative) (Details)

v3.21.1

Acquisitions and Dispositions (Narrative) (Details) $ in Thousands		1 Months Ended	3 Months Ended
	Feb. 25, 2021 USD ($)	Nov. 30, 2006	Mar. 31, 2021 USD ($) $ / bbl	Mar. 31, 2020 USD ($)	Feb. 24, 2021
Business Acquisition [Line Items]
Bargain purchase gain			$ (7,651)
Revenues			39,774	$ 18,389
Net income			9,869	(52,800)
Contingent consideration			5,000
Sasol Gabon S.A. [Member]
Business Acquisition [Line Items]
Bargain purchase gain	$ (7,700)		(7,700)
Bargain purchase gain, net of tax	5,500		5,500
Bargain purchase gain, income tax benefit	2,200			$ 2,200
Revenues			9,400
Net income			1,200
Contingent consideration	$ 5,000		$ 5,000
Contingent consideration, measurement period of oil price			90 days
Contingent consideration, oil price threshold \| $ / bbl			60.00
Discontinued Operations [Member] \| Joint Operating With Republic Of Angola [Member]
Business Acquisition [Line Items]
Joint operation agreement related to third party in working interest percentage		40.00%
Additional joint operation agreement related to third party in working interest percentage		10.00%
Etame Marine Block [Member]
Business Acquisition [Line Items]
Working interest ownership, percentage	58.80%				31.10%
Etame Marine Block [Member] \| Sasol Gabon S.A. [Member]
Business Acquisition [Line Items]
Increase (decrease) in working interest ownership percentage	27.80%

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