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Condensed Statements Of Operations (USD $)
3 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Revenues:    
Oil, NGL and natural gas sales $ 19,519,700us-gaap_OilAndGasRevenue $ 18,473,082us-gaap_OilAndGasRevenue
Lease bonuses and rentals 29,291phx_LeaseBonusesAndRentals 196,229phx_LeaseBonusesAndRentals
Gains (losses) on derivative contracts 11,250,265us-gaap_GainLossOnDerivativeInstrumentsNetPretax (496,901)us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Income from partnerships 199,914us-gaap_IncomeLossFromEquityMethodInvestments 224,346us-gaap_IncomeLossFromEquityMethodInvestments
Total revenues 30,999,170us-gaap_Revenues 18,396,756us-gaap_Revenues
Costs and expenses:    
Lease operating expenses 4,785,350us-gaap_LeaseOperatingExpense 3,315,397us-gaap_LeaseOperatingExpense
Production taxes 622,512us-gaap_ProductionTaxExpense 571,564us-gaap_ProductionTaxExpense
Exploration costs 25,352us-gaap_ExplorationExpense 38,755us-gaap_ExplorationExpense
Depreciation, depletion and amortization 6,139,019us-gaap_DepreciationDepletionAndAmortization 5,308,019us-gaap_DepreciationDepletionAndAmortization
Provision for impairment 2,191,997us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 202,991us-gaap_ImpairmentOfLongLivedAssetsHeldForUse
Loss (gain) on asset sales and other (1,982)phx_GainLossOnAssetSalesInterestAndOther (77,455)phx_GainLossOnAssetSalesInterestAndOther
Interest expense 402,733us-gaap_InterestExpense  
General and administrative 1,958,428us-gaap_GeneralAndAdministrativeExpense 1,873,167us-gaap_GeneralAndAdministrativeExpense
Total costs and expenses 16,123,409us-gaap_CostsAndExpenses 11,232,438us-gaap_CostsAndExpenses
Income before provision for income taxes 14,875,761us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 7,164,318us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision for income taxes 4,642,000us-gaap_IncomeTaxExpenseBenefit 2,238,000us-gaap_IncomeTaxExpenseBenefit
Net income $ 10,233,761us-gaap_NetIncomeLoss $ 4,926,318us-gaap_NetIncomeLoss
Basic and diluted earnings per common share (Note 3) $ 0.61us-gaap_EarningsPerShareBasicAndDiluted $ 0.29us-gaap_EarningsPerShareBasicAndDiluted
Basic and diluted weighted average shares outstanding:    
Common shares 16,494,805phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedCommonShares 16,463,804phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedCommonShares
Unissued, directors' deferred compensation shares 262,121phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOther 246,122phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOther
Basic and diluted weighted average shares outstanding 16,756,926us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 16,709,926us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Dividends declared per share of common stock and paid in period $ 0.04us-gaap_CommonStockDividendsPerShareCashPaid $ 0.04us-gaap_CommonStockDividendsPerShareCashPaid
Dividends declared per share of common stock and to be paid in quarter ended March 31 $ 0.04us-gaap_DividendsPayableAmountPerShare $ 0.04us-gaap_DividendsPayableAmountPerShare