VAALCO Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 1 - Organization and Accounting Policies (Details Textual)

Note 1 - Organization and Accounting Policies (Details Textual) $ in Thousands				1 Months Ended		3 Months Ended								6 Months Ended		12 Months Ended
	Jan. 12, 2023 USD ($)	Jan. 01, 2023 USD ($)	Jan. 19, 2022 USD ($)	Jul. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Jun. 30, 2023 USD ($)	Jun. 30, 2023 USD ($) $ / item	Jun. 30, 2023 USD ($) $ / bbl	Mar. 31, 2023 USD ($) $ / bbl	Dec. 31, 2022 USD ($) $ / bbl	Sep. 30, 2022 $ / bbl	Jun. 30, 2022 USD ($) $ / bbl	Mar. 31, 2022 USD ($) $ / bbl	Jun. 30, 2023 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Oct. 13, 2022 USD ($)
Oil and Gas, Average Sale Price (in USD per Per Share)							78	77.99	81.07	88.72	100.71	113.84	100.87
Restricted Cash						$ 100	$ 100	$ 100						$ 100
Payments for Abandonment Funding									$ 15,600								$ 0
Abandonment Funding Payment Due										$ 5,800
Reestablishment of Currency Denominated Account	$ 37,300
Abandonment Funding Payment Approved					$ 26,600				26,600
Abandonment Funding Payment Approved, Attributable to Company					15,600				15,600
Payment Received for Abandonment					15,600
Value Added Tax Receivable						15,800	15,800	15,800		13,900				15,800
Accounts Receivable, Credit Loss Expense (Reversal)						680						$ 571		1,615	$ 1,063
Provision for Doubtful Accounts Transferred						200			300
Accounts Receivable, Allowance for Credit Loss					12,832	13,519	13,519	13,519	12,832	8,704		$ 6,389	$ 6,135	13,519	$ 6,389	$ 5,741
Prepayments for Fixed Assets						2,500	2,500	2,500						2,500
Prepaid Insurance						1,500	1,500	1,500						1,500
Other Prepaid Expense, Current						$ 5,100	$ 5,100	$ 5,100						$ 5,100
Office Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)						5 years	5 years	5 years						5 years
Leasehold Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)						7 years	7 years	7 years						7 years
Leasehold Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)						5 years	5 years	5 years						5 years
GABON
Prepaid Royalties						$ 2,700	$ 2,700	$ 2,700						$ 2,700
EGYPT
Prepaid Fuel						4,000	4,000	4,000						4,000
Advances to Contractors						1,900	1,900	1,900						1,900
Prepaid Payroll						400	400	400						400
Tax Administration of Gabon [Member]
Provision for Value Added Tax						500								1,100
Block P Offshore Equatorial Guinea [Member]
Accounts Receivable, Allowance for Credit Loss						500	$ 500	$ 500						$ 500
Oil Delivery [Member]
Accounts Receivable, Credit Loss Expense (Reversal)						$ 0			400
Accounting Standards Update 2016-13 [Member] \| Cumulative Effect, Period of Adoption, Adjustment [Member]
Other Receivables		$ 18,200
Accounts Receivable, Credit Loss Expense (Reversal)		3,100
Accounts Receivable, Allowance for Credit Loss		$ 3,100			$ (0)				$ (0)	$ 3,120			$ (0)			$ (0)
Communaute Financiere Africaine BEAC, Francs
Foreign Currency Exchange Rate, Translation						602.552	602.552	602.552		612.6				602.552
Canada, Dollars
Foreign Currency Exchange Rate, Translation						0.755	0.755	0.755		0.738				0.755
Vaalco Energy Inc. and Other Etame Marin Block Owners [Member]
Value Added Tax Receivable						$ 24,300	$ 24,300	$ 24,300		$ 21,800				$ 24,300
TransGlobe [Member]
Proceeds From Other Receivables										$ 17,200
Merged Concession Agreement, Development Term (Year)			15 years
Merged Concession Agreement, Extension Term (Year)			5 years
Other Receivables			$ 67,500			50,300	50,300	50,300						50,300				$ 67,500
Production Sharing Contract, September 17, 2018 Through September 16, 2028 [Member]
Accounts Payable, Other, Current						19,700	19,700	19,700						19,700
Production Sharing Contract, September 17, 2018 Through September 16, 2028 [Member] \| Subsequent Event [Member]
Proceeds From Other Receivables				$ 1,900
Other, Net [Member]
Accounts Receivable, after Allowance for Credit Loss						$ 19,700	$ 19,700	$ 19,700						$ 19,700
Purchase Commitment [Member]
Number of Contracts Entered Into																2