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
- Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Note 10 - Commitments and Contingencies (Details Textual)

v3.24.2.u1

Note 10 - Commitments and Contingencies (Details Textual) - USD ($) $ / shares in Units, $ in Thousands			6 Months Ended	16 Months Ended
	Nov. 01, 2022	Feb. 01, 2022	Jun. 30, 2024	Mar. 14, 2024	Feb. 01, 2026	Feb. 01, 2024	Dec. 31, 2023	Oct. 13, 2022
Abandonment Funding			$ 6,268				$ 6,268
Egyptian General Petroleum Corporation (EGPC) [Member]
Contractual Obligation			$ 150,000
Development Timeframe (Year)			5 years
Minimum [Member] \| Egyptian General Petroleum Corporation (EGPC) [Member]
Contractual Obligation			$ 50,000
TransGlobe [Member]
Other Receivables			51,700					$ 67,500
Other Receivables, Offset For Obligations Amount			11,200
Accrued Liabilities and Other [Member] \| Parent Company [Member]
Contractual Obligation			9,600
Other Long-term Liabilities [Member] \| Parent Company [Member]
Contractual Obligation			8,800
Share Buyback Program [Member]
Share Repurchase Program, Authorized, Amount	$ 30,000
Share Repurchase Program, Period in Force (Month)	20 months
Treasury Stock, Shares, Acquired (in shares)				6,797,711
Shares Acquired, Average Cost Per Share (in dollars per share)				$ 4.41
Etame Marine Block [Member]
Abandonment Funding			6,300
Etame Marine Block [Member]
Abandonment Funding			$ 10,700
Egyptian General Petroleum Corporation (EGPC) [Member] \| Merged Concession Agreement [Member]
Payments for Merger Related Costs, Second Modernization Payment		$ 10,000
Contractual Obligation						$ 10,000
Egyptian General Petroleum Corporation (EGPC) [Member] \| Merged Concession Agreement [Member] \| Forecast [Member]
Contractual Obligation					$ 10,000

- Definition

The amount of abandonment funding.

+ References

No definition available.

+ Details

Name:	egy_AbandonmentFunding
Namespace Prefix:	egy_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

The amount of development timeframe.

+ References

No definition available.

+ Details

Name:	egy_DevelopmentTimeframe
Namespace Prefix:	egy_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration

- Definition

The offset amount related to the other receivables.

+ References

No definition available.

+ Details

Name:	egy_OtherReceivablesOffsetForObligationsAmount
Namespace Prefix:	egy_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Information on first modernization payment.

+ References

No definition available.

+ Details

Name:	egy_PaymentsForMergerRelatedCostsSecondModernizationPayment
Namespace Prefix:	egy_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

- Definition

Amount authorized for purchase of share under share repurchase plan. Includes, but is not limited to, repurchase of stock and unit of ownership.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 505
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481520/505-30-50-4

+ Details

Name:	srt_StockRepurchaseProgramAuthorizedAmount1
Namespace Prefix:	srt_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount of contractual obligation, including, but not limited to, long-term debt, lease obligation, purchase obligation, and other commitments.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

+ Details

Name:	us-gaap_ContractualObligation
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from parties in nontrade transactions, classified as other.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 49
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-49

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.6-04(5)(a)(5))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479170/946-210-S99-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(3)(a)(4))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(a)(3))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1

+ Details

Name:	us-gaap_OtherReceivables
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

- Definition

Period share may be purchased under authorized share repurchase plan, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Includes, but is not limited to, repurchase of stock and unit of ownership.

+ References

No definition available.

+ Details

Name:	us-gaap_StockRepurchaseProgramPeriodInForce1
Namespace Prefix:	us-gaap_
Data Type:	xbrli:durationItemType
Balance Type:	na
Period Type:	duration

- Definition

Total cost of shares repurchased divided by the total number of shares repurchased.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 505
-SubTopic 30
-Section 45
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481549/505-30-45-1

+ Details

Name:	us-gaap_TreasuryStockAcquiredAverageCostPerShare
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:perShareItemType
Balance Type:	na
Period Type:	duration

- Definition

Number of shares that have been repurchased during the period and are being held in treasury.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481112/505-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 210
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(29))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 505
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1

+ Details

Name:	us-gaap_TreasuryStockSharesAcquired
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	duration

- Details

Name:	srt_CounterpartyNameAxis=egy_EgyptianGeneralPetroleumCorporationEGPCMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_RangeAxis=srt_MinimumMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_ConsolidatedEntitiesAxis=egy_TransglobeMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_BalanceSheetLocationAxis=egy_AccruedLiabilitiesAndOtherMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_ConsolidatedEntitiesAxis=srt_ParentCompanyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_BalanceSheetLocationAxis=egy_OtherLongtermLiabilitiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_ShareRepurchaseProgramAxis=egy_ShareBuybackProgramMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=egy_EtameMarineBlockMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	dei_LegalEntityAxis=egy_EtameMarineBlockMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	dei_LegalEntityAxis=egy_EgyptianGeneralPetroleumCorporationEGPCMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_OtherCommitmentsAxis=egy_MergedConcessionAgreementMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	srt_StatementScenarioAxis=srt_ScenarioForecastMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: