2023 Q2 Form 10-K Financial Statement

#000149315223012144 Filed on April 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q4 2022
Revenue $7.978M $10.37M $44.55M
YoY Change -40.82% 416.89% 569.15%
Cost Of Revenue $7.311M $7.838M $29.86M
YoY Change -10.07% 633.21% 763.42%
Gross Profit $667.0K $2.536M $14.70M
YoY Change -87.53% 170.36% 359.22%
Gross Profit Margin 8.36% 24.45% 32.98%
Selling, General & Admin $3.368M $2.861M $11.16M
YoY Change 27.48% 19.11% 140.71%
% of Gross Profit 504.95% 112.82% 75.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.896M $2.622M $9.607M
YoY Change 12.64% 1406.9%
% of Gross Profit 434.18% 103.39% 65.38%
Operating Expenses $10.68M $2.861M $41.01M
YoY Change -0.86% 19.11% 784.88%
Operating Profit -$2.701M -$325.0K $3.538M
YoY Change -199.74% -77.8% -346.55%
Interest Expense $267.0K -$985.0K -$6.309M
YoY Change -111.54% 1101.22% 1955.05%
% of Operating Profit -178.32%
Other Income/Expense, Net -$23.00K -$2.000K -$6.394M
YoY Change -99.01% -13704.26%
Pretax Income -$2.724M -$1.312M -$2.856M
YoY Change -798.46% -11.47% 61.36%
Income Tax -$209.0K $499.0K -$1.893M
% Of Pretax Income
Net Earnings -$2.515M -$1.811M -$963.0K
YoY Change -2161.48% 22.2% -45.59%
Net Earnings / Revenue -31.52% -17.46% -2.16%
Basic Earnings Per Share -$0.10 -$0.04
Diluted Earnings Per Share -$0.10 -$0.07 -$0.04
COMMON SHARES
Basic Shares Outstanding 25.23M shares 25.02M shares 24.67M shares
Diluted Shares Outstanding 25.19M shares 24.67M shares

Balance Sheet

Concept 2023 Q2 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.266M $4.518M $4.518M
YoY Change -51.62% -2.06% -2.06%
Cash & Equivalents $1.175M $4.411M $4.411M
Short-Term Investments $91.00K $107.0K $107.0K
Other Short-Term Assets $973.0K $558.0K $733.0K
YoY Change -15.17% 30.07% 70.86%
Inventory
Prepaid Expenses $550.0K $138.0K
Receivables $2.714M $3.193M $3.193M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $5.136M $8.444M $8.444M
YoY Change -48.09% 41.32% 41.32%
LONG-TERM ASSETS
Property, Plant & Equipment $913.0K $651.0K $109.5M
YoY Change 55.01% 246.28% 1146.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $330.0K $354.0K $354.0K
YoY Change -5.17% 168.18% -87.79%
Total Long-Term Assets $107.7M $109.9M $109.9M
YoY Change 8.67% 840.08% 840.08%
TOTAL ASSETS
Total Short-Term Assets $5.136M $8.444M $8.444M
Total Long-Term Assets $107.7M $109.9M $109.9M
Total Assets $112.8M $118.3M $118.3M
YoY Change 3.52% 569.87% 569.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.464M $7.832M $7.832M
YoY Change 22.29% 441.26% 441.26%
Accrued Expenses $787.0K $1.300M $1.300M
YoY Change 22.2% 1.88% 1.88%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.919M $11.49M $11.49M
YoY Change -38.44% 319.18% 319.18%
LONG-TERM LIABILITIES
Long-Term Debt $12.00M $12.00M $12.00M
YoY Change 200.0%
Other Long-Term Liabilities $6.000K $6.000K $15.57M
YoY Change 0.0% 0.0% 948.05%
Total Long-Term Liabilities $6.000K $28.47M $27.57M
YoY Change 0.0% 474433.33% 1755.59%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.919M $11.49M $11.49M
Total Long-Term Liabilities $6.000K $28.47M $27.57M
Total Liabilities $38.47M $39.97M $39.97M
YoY Change 17.73% 845.27% 845.27%
SHAREHOLDERS EQUITY
Retained Earnings -$143.5M -$138.6M
YoY Change 2.73% 1.99%
Common Stock $217.9M $216.9M
YoY Change 0.86% 45.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $74.34M $78.35M $78.35M
YoY Change
Total Liabilities & Shareholders Equity $112.8M $118.3M $118.3M
YoY Change 3.52% 569.87% 569.87%

Cashflow Statement

Concept 2023 Q2 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$2.515M -$1.811M -$963.0K
YoY Change -2161.48% 22.2% -45.59%
Depreciation, Depletion And Amortization $2.896M $2.622M $9.607M
YoY Change 12.64% 1406.9%
Cash From Operating Activities $1.173M $2.401M $10.90M
YoY Change -63.06% -1891.79% -7222.88%
INVESTING ACTIVITIES
Capital Expenditures $1.408M -$11.72M $435.0K
YoY Change -135.09% 10359.82% -127.12%
Acquisitions $12.64M
YoY Change
Other Investing Activities $0.00 -$11.56M -$10.31M
YoY Change -100.0% 422.66% 498.84%
Cash From Investing Activities -$1.408M $159.0K -$16.95M
YoY Change -26.55% -106.84% 409.74%
FINANCING ACTIVITIES
Cash Dividend Paid $1.735M
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.011M -1.242M $6.040M
YoY Change 324.79% 1534.21% 19.7%
NET CHANGE
Cash From Operating Activities 1.173M 2.401M $10.90M
Cash From Investing Activities -1.408M 159.0K -$16.95M
Cash From Financing Activities -1.011M -1.242M $6.040M
Net Change In Cash -1.246M 1.318M -$11.00K
YoY Change -222.16% -152.03% -100.7%
FREE CASH FLOW
Cash From Operating Activities $1.173M $2.401M $10.90M
Capital Expenditures $1.408M -$11.72M $435.0K
Free Cash Flow -$235.0K $14.12M $10.46M
YoY Change -103.27% -64263.64% 621.09%

Facts In Submission

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471000 usd
CY2022 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
9607000 usd
CY2021 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
566000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11157000 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4635000 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
41014000 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
8093000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
3538000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-1435000 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-5682000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-260000 usd
CY2022 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-83000 usd
CY2021 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
10000 usd
CY2022 us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
-75000 usd
CY2021 us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
-151000 usd
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-76000 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10000 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
47000 usd
CY2022 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-544000 usd
CY2021 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-57000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6394000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-335000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2856000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1770000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1893000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-963000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-1770000 usd
CY2022 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
24668219 shares
CY2021 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4491984 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
8567000 usd
CY2021 USEG Stock Issuing Period Value In Underwritten Offering Net Of Offering Costs
StockIssuingPeriodValueInUnderwrittenOfferingNetOfOfferingCosts
5283000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
438000 usd
CY2021 USEG Stock Issued During Period Value For Settlement Of Related Party Legal Costs
StockIssuedDuringPeriodValueForSettlementOfRelatedPartyLegalCosts
406000 usd
CY2021 USEG Stock Issued During Period Value Withheld To Settle Tax Withholding Obligations For Restricted Stock Awards
StockIssuedDuringPeriodValueWithheldToSettleTaxWithholdingObligationsForRestrictedStockAwards
-38000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
549000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-1770000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
13435000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
13435000 usd
CY2022 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
64694000 usd
CY2022 USEG Stock Issued During Period Value Withheld To Settle Tax Withholding Obligations For Restricted Stock Awards
StockIssuedDuringPeriodValueWithheldToSettleTaxWithholdingObligationsForRestrictedStockAwards
-307000 usd
CY2022 USEG Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
213000 usd
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.0675
CY2022 us-gaap Dividends Cash
DividendsCash
1735000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
3017000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-963000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
78354000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
78354000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-963000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-1770000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9607000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
589000 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-1921000 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1458000 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
45000 usd
CY2022 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-83000 usd
CY2021 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
10000 usd
CY2022 us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
-75000 usd
CY2021 us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
-151000 usd
CY2021 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-76000 usd
CY2021 USEG Loss On Related Party Debt Conversion And Settlement Of Legal Costs
LossOnRelatedPartyDebtConversionAndSettlementOfLegalCosts
76000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3017000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
549000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
205000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
90000 usd
CY2022 us-gaap Increase Decrease In Unproved Oil And Gas Property
IncreaseDecreaseInUnprovedOilAndGasProperty
2261000 usd
CY2021 us-gaap Increase Decrease In Unproved Oil And Gas Property
IncreaseDecreaseInUnprovedOilAndGasProperty
419000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-150000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-141000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4881000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-125000 usd
CY2022 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-51000 usd
CY2021 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
850000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-104000 usd
CY2021 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-92000 usd
CY2022 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-407000 usd
CY2021 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-107000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10898000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-153000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
12641000 usd
CY2021 USEG Payment To Expenditures For Pending Acquisition
PaymentToExpendituresForPendingAcquisition
2221000 usd
CY2022 USEG Payment To Oil And Natural Gas Capital Expenditures
PaymentToOilAndNaturalGasCapitalExpenditures
6208000 usd
CY2021 USEG Payment To Oil And Natural Gas Capital Expenditures
PaymentToOilAndNaturalGasCapitalExpenditures
1408000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
435000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
196000 usd
CY2022 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
2335000 usd
CY2021 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
40000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
440000 usd
CY2021 us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
20000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16949000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3325000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5283000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15200000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
6547000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
207000 usd
CY2022 USEG Payments On Insurance Premium Finance Note
PaymentsOnInsurancePremiumFinanceNote
559000 usd
CY2021 USEG Payments On Insurance Premium Finance Note
PaymentsOnInsurancePremiumFinanceNote
199000 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
195000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
307000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
38000 usd
CY2022 us-gaap Payments Of Dividends
PaymentsOfDividends
1735000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6040000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5046000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1568000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4422000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2854000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4411000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4422000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_zs72O7oEHqh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zBlHN1BjmYA7">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the fair value of oil and gas properties acquired, oil and natural gas reserves that are used in the calculation of depreciation, depletion, amortization and impairment of the carrying value of evaluated oil and natural gas properties; realizability of unevaluated properties; production and commodity price estimates used to record accrued oil and natural gas sales receivables; future prices of commodities used in the valuation of commodity derivative contracts; and the cost and timing of future asset retirement obligations. The Company evaluates its estimates on an on-going basis and bases its estimates on historical experience and on various other assumptions the Company believes to be reasonable. Due to inherent uncertainties, including the future prices of oil and natural gas, these estimates could change in the near term and such changes could be material.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84F_eus-gaap--ConcentrationRiskCreditRisk_zOf9pj8h7wv3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_zj3p3cf2GzMf">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has exposure to credit risk in the event of nonpayment of oil and natural gas receivables by purchasers of the Company’s share of oil and natural gas production and its operated production. The following table presents the purchasers that accounted for 10% or more of the Company’s total oil and natural gas revenue for at least one of the periods presented:</span></p> <p id="xdx_89A_eus-gaap--SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_z8GntM3BdrN9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8B4_zsnEF6wPr7z7" style="display: none">SCHEDULE OF CONCENTRATION OF CREDIT RISK</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-left: auto; border-collapse: collapse; width: 80%; margin-right: auto"> <tr style="display: none; vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Purchaser</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_492_20220101__20221231_zXWY10jffFFf" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49B_20210101__20211231_zNKd7c8hJST1" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; text-align: center"><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Year Ended </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>December 31,</b></span></p></td><td style="padding-bottom: 1.5pt"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Purchaser</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">2021</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr id="xdx_40A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_hsrt--TitleOfIndividualAxis__custom--PurchaserAMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--ProductConcentrationRiskMember_zwLfnGiQwTW6" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 60%; text-align: left">Purchaser A</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">21</td><td style="width: 1%; text-align: left">%</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 16%; text-align: right">30</td><td style="width: 1%; text-align: left">%</td></tr> <tr id="xdx_404_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_hsrt--TitleOfIndividualAxis__custom--PurchaserBMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--ProductConcentrationRiskMember_zC7lr0BVYhak" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Purchaser B</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><span style="-sec-ix-hidden: xdx2ixbrl0553">-</span></td><td style="text-align: left">%</td></tr> <tr id="xdx_40A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_hsrt--TitleOfIndividualAxis__custom--PurchaserCMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--ProductConcentrationRiskMember_znsiJ865lxV1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Purchaser C</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">7</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">34</td><td style="text-align: left">%</td></tr> <tr id="xdx_40A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_hsrt--TitleOfIndividualAxis__custom--PurchaserDMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--ProductConcentrationRiskMember_zHMUbfDMc529" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Purchaser D</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10</td><td style="text-align: left">%</td></tr> <tr id="xdx_408_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_hus-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--ProductConcentrationRiskMember__srt--TitleOfIndividualAxis__custom--PurchaserDMember_zHeVBohgax05" style="display: none; vertical-align: bottom; background-color: White"> <td style="text-align: left">Concentration risk percentage</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">2</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10</td><td style="text-align: left">%</td></tr> </table> <p id="xdx_8AA_z9JOZDNYXrq8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2022 USEG Net Revenue Discounted Percentage
NetRevenueDiscountedPercentage
0.10 pure
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
868000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
120000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
44552000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6658000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
189000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
114000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
794000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
19000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
983000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
941000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
133000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
246000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
125000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
560000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
9000 usd
CY2022 us-gaap Sublease Income
SubleaseIncome
71000 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
64000 usd
CY2022 us-gaap Lease Cost
LeaseCost
735000 usd
CY2021 us-gaap Lease Cost
LeaseCost
70000 usd
CY2022Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P67M
CY2022Q2 us-gaap Area Of Land
AreaOfLand
0.50 sqft
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M18D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y1M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0434 pure
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0926 pure
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
225000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
213000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
218000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
224000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
209000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1089000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
106000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
983000 usd
CY2021 us-gaap Payments For Rent
PaymentsForRent
8000 usd
CY2022 USEG Discount Rate
DiscountRate
0.10 pure
CY2022Q1 us-gaap Derivative Net Hedge Ineffectiveness Gain Loss
DerivativeNetHedgeIneffectivenessGainLoss
3100000 usd
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
78000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
15442000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1461000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1694000 usd
CY2022Q4 USEG Derivative Liability Statement Of Financial Position Extensible Enumeration Not Disclosed Flag
DerivativeLiabilityStatementOfFinancialPositionExtensibleEnumerationNotDisclosedFlag
1694000 usd
CY2022 USEG Derivative Settlement Gain Loss
DerivativeSettlementGainLoss
-7140000 usd
CY2021 USEG Derivative Settlement Gain Loss
DerivativeSettlementGainLoss
-260000 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-5682000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-260000 usd
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
9600000 usd
CY2022Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
500000 usd
CY2022Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1700000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1461000 usd
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1408000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
11811000 usd
CY2021 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
45000 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
1825000 usd
CY2022 USEG Asset Retirement Obligation Revision Of Fixed
AssetRetirementObligationRevisionOfFixed
407000 usd
CY2022 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
189000 usd
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
70000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10179000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
12111000 usd
CY2022Q4 USEG Deferred Liabilities Net
DeferredLiabilitiesNet
-898000 usd
CY2021 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
427000 usd
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25023812 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
245000000 shares
CY2021Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
5000000 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19905736 shares
CY2021Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1131600 shares
CY2021Q1 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
5300000 usd
CY2022Q4 USEG Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingAndExercisableNumber
28122 shares
CY2022Q4 USEG Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding And Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingAndExercisableWeightedAverageExercisePrice
54.03
CY2021Q4 USEG Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingAndExercisableNumber
31035 shares
CY2021Q4 USEG Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding And Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingAndExercisableWeightedAverageExercisePrice
62.79
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
28122 shares
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
7.20
CY2022 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
226.20
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
54.03
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P3Y4M24D
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
28122 shares
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
54.03
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
174000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
4.75
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
986500 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.70
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
473500 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
3.95
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
687000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.79
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
929000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y9M18D
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
28000 usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
28000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1765000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-156000 usd
CY2022 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-1921000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1893000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-600000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-372000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-95000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-26000 usd
CY2021 USEG Income Tax Reconciliation Nondeductible Expense Change In Value Of Warrant
IncomeTaxReconciliationNondeductibleExpenseChangeInValueOfWarrant
-16000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-50000 usd
CY2022 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-509000 usd
CY2021 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-14000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
187000 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
2000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1056000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1932000 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
476000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1893000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
8443000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
6295000 usd
CY2021Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
3115000 usd
CY2022Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
2004000 usd
CY2021Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
1947000 usd
CY2022Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
249000 usd
CY2021Q4 us-gaap Deferred Tax Assets Equity Method Investments
DeferredTaxAssetsEquityMethodInvestments
225000 usd
CY2022Q4 USEG Deferred Tax Assets Deferred Compensation Liability
DeferredTaxAssetsDeferredCompensationLiability
256000 usd
CY2021Q4 USEG Deferred Tax Assets Deferred Compensation Liability
DeferredTaxAssetsDeferredCompensationLiability
9000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
3581000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
327000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
439000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
190000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
224000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
30000 usd
CY2022Q4 USEG Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Derivatives
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDerivatives
390000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15586000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
12138000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
6107000 usd
CY2022Q4 USEG Deferred Tax Liabilities Leases
DeferredTaxLiabilitiesLeases
198000 usd
CY2021Q4 USEG Deferred Tax Liabilities Leases
DeferredTaxLiabilitiesLeases
27000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
6305000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
27000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
9281000 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
12111000 usd
CY2022 us-gaap Tax Credit Carryforward Description
TaxCreditCarryforwardDescription
Losses incurred prior to 2018 have a carryforward period of 20 years and begin to expire in 2037.
CY2022 USEG Indefinite Carryforward Percentage
IndefiniteCarryforwardPercentage
0.80 pure
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2021Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-963000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-1770000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24668000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4492000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24668000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4492000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
715000 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
255000 shares
CY2022 USEG Fair Valueof Asset Acquisitions Percentage
FairValueofAssetAcquisitionsPercentage
0.10 pure
CY2022 USEG Estimate Fair Value
EstimateFairValue
87700000 usd
CY2022Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
7300000 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
138000 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
64000 usd
CY2022Q4 USEG Joint Interest Billings Receivable
JointInterestBillingsReceivable
332000 usd
CY2021Q4 USEG Joint Interest Billings Receivable
JointInterestBillingsReceivable
76000 usd
CY2022Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
50000 usd
CY2022Q4 USEG Other Current Assets
OtherCurrentAssets
38000 usd
CY2021Q4 USEG Other Current Assets
OtherCurrentAssets
39000 usd
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
558000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
179000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2566000 usd
CY2021Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
891000 usd
CY2022Q4 USEG Accrued Operating Expenses
AccruedOperatingExpenses
1378000 usd
CY2021Q4 USEG Accrued Operating Expenses
AccruedOperatingExpenses
456000 usd
CY2022Q4 USEG Accrued Revenue Payables
AccruedRevenuePayables
3503000 usd
CY2021Q4 USEG Accrued Revenue Payables
AccruedRevenuePayables
37000 usd
CY2022Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
319000 usd
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
37000 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
54000 usd
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
26000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
12000 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
7832000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
1447000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
500000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
5000 usd
CY2022 USEG Change In Capital Expenditure Accruals
ChangeInCapitalExpenditureAccruals
196000 usd
CY2021 USEG Change In Capital Expenditure Accruals
ChangeInCapitalExpenditureAccruals
80000 usd
CY2022 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
546000 usd
CY2021 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
-546000 usd
CY2022 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
64694000 usd
CY2022 USEG Assumption Of Commodity Derivative Liability In Acquisition Of Properties
AssumptionOfCommodityDerivativeLiabilityInAcquisitionOfProperties
3152000 usd
CY2022 USEG Assumption Of Debt In Acquisition Of Properties
AssumptionOfDebtInAcquisitionOfProperties
3347000 usd
CY2022 USEG Assumption Of Suspense Accounts In Acquisition Of Properties
AssumptionOfSuspenseAccountsInAcquisitionOfProperties
1826000 usd
CY2022 USEG Deferred Tax Liability From Acquisition
DeferredTaxLiabilityFromAcquisition
2819000 usd
CY2022 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
953000 usd
CY2021 us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
82000 usd
CY2021 USEG Prepaid Rent Liability Netted With Proceeds On Sale Of Real Estate
PrepaidRentLiabilityNettedWithProceedsOnSaleOfRealEstate
143000 usd
CY2022 USEG Asset Retirement Obligations
AssetRetirementObligations
11811000 usd
CY2021 USEG Asset Retirement Obligations
AssetRetirementObligations
25000 usd
CY2022 USEG Asset Retirement Obligations Revisions Sold And Plugged Wells
AssetRetirementObligationsRevisionsSoldAndPluggedWells
1229000 usd
CY2021 us-gaap Stock Issued1
StockIssued1
438000 usd
CY2021 USEG Issuance Of Stock For Settlement Of Related Party Legal Costs
IssuanceOfStockForSettlementOfRelatedPartyLegalCosts
406000 usd
CY2022 USEG Financing Of Insurance Premiums With Note Payable
FinancingOfInsurancePremiumsWithNotePayable
588000 usd
CY2021 USEG Financing Of Insurance Premiums With Note Payable
FinancingOfInsurancePremiumsWithNotePayable
223000 usd
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
102223000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
46000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
5000 usd
CY2022 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
7808000 usd
CY2021 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
1519000 usd
CY2022 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
110031000 usd
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
1570000 usd
CY2022Q4 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
1584000 usd
CY2021Q4 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
1588000 usd
CY2022Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
203144000 usd
CY2021Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
95088000 usd
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
96725000 usd
CY2021Q4 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
88195000 usd
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
108003000 usd
CY2021Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
8481000 usd
CY2022 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2021 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2022Q4 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
1600000 usd
CY2021Q4 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
1600000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
44552000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
6658000 usd
CY2022 USEG Lease Operating Expense
LeaseOperatingExpense
17240000 usd
CY2021 USEG Lease Operating Expense
LeaseOperatingExpense
2421000 usd
CY2022 us-gaap Production Tax Expense
ProductionTaxExpense
3010000 usd
CY2021 us-gaap Production Tax Expense
ProductionTaxExpense
471000 usd
CY2022 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
8530000 usd
CY2021 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
487000 usd
CY2022 us-gaap Taxes Other
TaxesOther
1893000 usd
CY2022 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
17665000 usd
CY2021 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
3279000 usd
CY2022Q4 USEG Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscount
0.10 pure
CY2021Q4 USEG Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscount
0.10 pure
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
562545000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
76041000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
227365000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
40350000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
12716000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
48833000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
2818000 usd
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
273631000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
32873000 usd
CY2022Q4 USEG Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscount
0.10 pure
CY2021Q4 USEG Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscount
0.10 pure
CY2022Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
129843000 usd
CY2021Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
13706000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
143788000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
19167000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
19167000 usd
CY2020Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
8586000 usd
CY2022 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
-24302000 usd
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
-3766000 usd
CY2022 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
52053000 usd
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
11675000 usd
CY2022 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-2860000 usd
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
302000 usd
CY2022 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
116673000 usd
CY2021 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
216000 usd
CY2022 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
1606000 usd
CY2022 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
12662000 usd
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
3080000 usd
CY2021 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
302000 usd
CY2022 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-27021000 usd
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-1389000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
10170000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
674000 usd
CY2022 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-11148000 usd
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
91000 usd
CY2022Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
143788000 usd
CY2021Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
19167000 usd

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