v3.25.2

CRUDE OIL, NATURAL GAS AND NGLs PROPERTIES AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
Total crude oil, natural gas and NGLs properties, equipment and other	$ 1,879,237	$ 1,774,102
Accumulated depreciation, depletion, amortization and impairment	(1,291,974)	(1,235,999)
Crude oil, natural gas and NGLs properties and equipment, net	587,263	538,103
Wells, platforms and other production facilities
Property, Plant and Equipment [Line Items]
Total crude oil, natural gas and NGLs properties, equipment and other	1,617,365	1,593,243
Work-in-progress
Property, Plant and Equipment [Line Items]
Total crude oil, natural gas and NGLs properties, equipment and other	105,131	44,517
Unproved properties
Property, Plant and Equipment [Line Items]
Total crude oil, natural gas and NGLs properties, equipment and other	66,576	60,761
Capitalized equipment, spare parts and other
Property, Plant and Equipment [Line Items]
Total crude oil, natural gas and NGLs properties, equipment and other	$ 90,165	$ 75,581

Amount of accumulated depreciation, depletion and amortization for physical assets used in the normal conduct of business to produce goods and services.

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Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

+ References

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Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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VAALCO ENERGY INC /DE/ 10-Q