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

Note 2 - Summary of Significant Accounting Policies - Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Assets, Fair Value Disclosure, Total	$ 102
Liabilities, Fair Value Disclosure, Total	556	$ 5,415
Prepayments and Other [Member]
Derivative asset	102
Accrued Liabilities [Member]
SARs liability	556	609
Derivative liability		4,806
Fair Value, Inputs, Level 1 [Member]
Assets, Fair Value Disclosure, Total	0
Liabilities, Fair Value Disclosure, Total	0	0
Fair Value, Inputs, Level 1 [Member] \| Prepayments and Other [Member]
Derivative asset	0
Fair Value, Inputs, Level 1 [Member] \| Accrued Liabilities [Member]
SARs liability	0	0
Derivative liability		0
Fair Value, Inputs, Level 2 [Member]
Assets, Fair Value Disclosure, Total	102
Liabilities, Fair Value Disclosure, Total	556	5,415
Fair Value, Inputs, Level 2 [Member] \| Prepayments and Other [Member]
Derivative asset	102
Fair Value, Inputs, Level 2 [Member] \| Accrued Liabilities [Member]
SARs liability	556	609
Derivative liability		4,806
Fair Value, Inputs, Level 3 [Member]
Assets, Fair Value Disclosure, Total	0
Liabilities, Fair Value Disclosure, Total	0	0
Fair Value, Inputs, Level 3 [Member] \| Prepayments and Other [Member]
Derivative asset	0
Fair Value, Inputs, Level 3 [Member] \| Accrued Liabilities [Member]
SARs liability	$ 0	0
Derivative liability		$ 0