Annual report pursuant to Section 13 and 15(d)

Schedule I - Parent Company Financial Statement (Consolidated Balance Sheets) (Details)

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Schedule I - Parent Company Financial Statement (Consolidated Balance Sheets) (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Current assets:        
Cash and cash equivalents $ 25,357 $ 69,051 $ 130,529 $ 130,800
Receivables:        
Other 42 3,285    
Prepayments and other 3,253 6,509    
Total current assets 63,742 113,050    
Property and equipment - successful efforts method:        
Equipment and other 10,948 11,907    
Property, plant and equipment, gross, Total 433,541 397,838    
Accumulated depreciation, depletion and amortization (400,168) (289,714)    
Net property and equipment 33,373 108,124    
Other noncurrent assets:        
Restricted cash 15,830 20,830    
Deferred tax asset   1,349    
Total assets 123,958 248,849    
Current liabilities:        
Accounts payable 46,848 11,671    
Accrued liabilities and other 19,868 26,869    
Total liabilities $ 97,882 $ 68,386    
Commitments and contingencies    
VAALCO Energy Inc. shareholders’ equity:        
Preferred stock, none issued, 500,000 shares authorized, $25 par value    
Common stock, 66,041,338 and 65,194,828 shares issued, $0.10 par value, 100,000,000 shares authorized $ 6,604 $ 6,519    
Additional paid-in capital 69,118 64,351    
Less treasury stock, 7,514,169 and 7,393,714 shares at cost (37,882) (37,299)    
Retained earnings (deficit) (11,764) 146,892    
Total equity 26,076 180,463 250,874 212,525
Total liabilities and equity 123,958 248,849    
VAALCO ENERGY, INC.        
Current assets:        
Cash and cash equivalents   3,780 $ 8,605 $ 26,801
Receivables:        
Other   264    
Prepayments and other 741 505    
Total current assets 741 4,549    
Property and equipment - successful efforts method:        
Equipment and other 1,222 1,316    
Property, plant and equipment, gross, Total 1,222 1,316    
Accumulated depreciation, depletion and amortization (428) (442)    
Net property and equipment 794 874    
Other noncurrent assets:        
Restricted cash 1,582 10,000    
Deferred tax asset   1,349    
Investment in Subsidiaries 26,781 166,232    
Total assets 29,898 183,004    
Current liabilities:        
Accounts payable 968 215    
Accrued liabilities and other 2,854 2,326    
Total liabilities $ 3,822 $ 2,541    
Commitments and contingencies    
VAALCO Energy Inc. shareholders’ equity:        
Preferred stock, none issued, 500,000 shares authorized, $25 par value    
Common stock, 66,041,338 and 65,194,828 shares issued, $0.10 par value, 100,000,000 shares authorized $ 6,604 $ 6,519    
Additional paid-in capital 69,118 64,351    
Less treasury stock, 7,514,169 and 7,393,714 shares at cost (37,882) (37,299)    
Retained earnings (deficit) (11,764) 146,892    
Total equity 26,076 180,463    
Total liabilities and equity $ 29,898 $ 183,004