VAALCO Energy, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
- Capitalization of Exploratory Well Costs (Policies)
Notes Tables
Notes Details

Supplemental Information on Oil and Gas Producing Activities - Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil Reserves (Detail)

v2.4.1.9

Supplemental Information on Oil and Gas Producing Activities - Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil Reserves (Detail) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil Reserves
Future cash inflows	$ 823,657	$ 733,761	$ 784,906
Future production costs	(308,806)	(226,681)	(206,684)
Future development costs	(136,137)	(164,142)	(186,982)
Future income tax expense	(178,283)	(155,344)	(182,001)
Future net cash flows	200,431	187,594	209,239
Discount to present value at 10% annual rate	(51,044)	(50,158)	(56,337)
Standardized measure of discounted future net cash flows	149,387	137,436	152,902	166,187
United States
Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil Reserves
Future cash inflows	9,598	8,276	8,260
Future production costs	(1,475)	(3,038)	(3,194)
Future income tax expense	(359)	(825)	(807)
Future net cash flows	7,764	4,413	4,259
Discount to present value at 10% annual rate	(3,516)	(1,299)	(1,028)
Standardized measure of discounted future net cash flows	4,248	3,114	3,231
International
Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Oil Reserves
Future cash inflows	814,059	725,485	776,646
Future production costs	(307,331)	(223,643)	(203,490)
Future development costs	(136,137)	(164,142)	(186,982)
Future income tax expense	(177,924)	(154,519)	(181,194)
Future net cash flows	192,667	183,181	204,980
Discount to present value at 10% annual rate	(47,528)	(48,859)	(55,309)
Standardized measure of discounted future net cash flows	$ 145,139	$ 134,322	$ 149,671

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Amount of estimated future accumulated cash inflow from the sale of proved oil and gas reserves.

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Amount of estimated future accumulated cash outflow for costs to be incurred in developing proved oil and gas reserves.

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Amount of estimated future accumulated cash outflow for income tax, based on the future income less future expense derived from production and sale of proved oil and gas reserves.

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Amount, after future accumulated cash outflow for development and production costs and future income tax, of estimated future accumulated cash inflow from the sale of proved oil and gas reserves.

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Amount of discount on future accumulated cash inflow, after deducting future accumulated cash outflow for development and production costs and future income tax, from sale of proved oil and gas reserves, using a discount rate of ten percent a year.

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Amount of discounted future accumulated cash inflow relating to proved oil and gas reserves.

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