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Condensed Statements Of Operations (USD $)
3 Months Ended 6 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Mar. 31, 2015
Mar. 31, 2014
Revenues:        
Oil, NGL and natural gas sales $ 12,437,549us-gaap_OilAndGasRevenue $ 21,108,301us-gaap_OilAndGasRevenue $ 31,957,249us-gaap_OilAndGasRevenue $ 39,581,383us-gaap_OilAndGasRevenue
Lease bonuses and rentals 253,050phx_LeaseBonusesAndRentals 19,717phx_LeaseBonusesAndRentals 282,341phx_LeaseBonusesAndRentals 215,946phx_LeaseBonusesAndRentals
Gains (losses) on derivative contracts 1,900,162us-gaap_GainLossOnDerivativeInstrumentsNetPretax (1,587,029)us-gaap_GainLossOnDerivativeInstrumentsNetPretax 13,150,427us-gaap_GainLossOnDerivativeInstrumentsNetPretax (2,083,930)us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Income from partnerships 88,273us-gaap_IncomeLossFromEquityMethodInvestments 211,056us-gaap_IncomeLossFromEquityMethodInvestments 288,187us-gaap_IncomeLossFromEquityMethodInvestments 435,402us-gaap_IncomeLossFromEquityMethodInvestments
Total revenues 14,679,034us-gaap_Revenues 19,752,045us-gaap_Revenues 45,678,204us-gaap_Revenues 38,148,801us-gaap_Revenues
Costs and expenses:        
Lease operating expenses 4,376,996us-gaap_LeaseOperatingExpense 3,653,000us-gaap_LeaseOperatingExpense 9,162,346us-gaap_LeaseOperatingExpense 6,968,397us-gaap_LeaseOperatingExpense
Production taxes 399,157us-gaap_ProductionTaxExpense 706,033us-gaap_ProductionTaxExpense 1,021,669us-gaap_ProductionTaxExpense 1,277,597us-gaap_ProductionTaxExpense
Exploration costs 3,105us-gaap_ExplorationExpense 24,429us-gaap_ExplorationExpense 28,457us-gaap_ExplorationExpense 63,184us-gaap_ExplorationExpense
Depreciation, depletion and amortization 5,811,590us-gaap_DepreciationDepletionAndAmortization 4,939,834us-gaap_DepreciationDepletionAndAmortization 11,950,609us-gaap_DepreciationDepletionAndAmortization 10,247,853us-gaap_DepreciationDepletionAndAmortization
Provision for impairment 1,208,645us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 227,152us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 3,400,642us-gaap_ImpairmentOfLongLivedAssetsHeldForUse 430,143us-gaap_ImpairmentOfLongLivedAssetsHeldForUse
Loss (gain) on asset sales and other (7,145)phx_GainLossOnAssetSalesInterestAndOther 104,644phx_GainLossOnAssetSalesInterestAndOther (9,127)phx_GainLossOnAssetSalesInterestAndOther 27,189phx_GainLossOnAssetSalesInterestAndOther
Interest expense 409,276us-gaap_InterestExpense   812,009us-gaap_InterestExpense  
General and administrative 1,850,203us-gaap_GeneralAndAdministrativeExpense 1,651,380us-gaap_GeneralAndAdministrativeExpense 3,808,631us-gaap_GeneralAndAdministrativeExpense 3,524,547us-gaap_GeneralAndAdministrativeExpense
Total costs and expenses 14,051,827us-gaap_CostsAndExpenses 11,306,472us-gaap_CostsAndExpenses 30,175,236us-gaap_CostsAndExpenses 22,538,910us-gaap_CostsAndExpenses
Income before provision (benefit) for income taxes 627,207us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 8,445,573us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 15,502,968us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 15,609,891us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision (benefit) for income taxes (77,000)us-gaap_IncomeTaxExpenseBenefit 2,791,000us-gaap_IncomeTaxExpenseBenefit 4,565,000us-gaap_IncomeTaxExpenseBenefit 5,029,000us-gaap_IncomeTaxExpenseBenefit
Net income $ 704,207us-gaap_NetIncomeLoss $ 5,654,573us-gaap_NetIncomeLoss $ 10,937,968us-gaap_NetIncomeLoss $ 10,580,891us-gaap_NetIncomeLoss
Basic and diluted earnings per common share (Note 3) $ 0.04us-gaap_EarningsPerShareBasicAndDiluted $ 0.34us-gaap_EarningsPerShareBasicAndDiluted $ 0.65us-gaap_EarningsPerShareBasicAndDiluted $ 0.63us-gaap_EarningsPerShareBasicAndDiluted
Basic and diluted weighted average shares outstanding:        
Common shares 16,514,435phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedCommonShares 16,473,344phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedCommonShares 16,504,512phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedCommonShares 16,468,522phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedCommonShares
Unissued, directors' deferred compensation shares 266,066phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOther 252,102phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOther 265,503phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOther 251,424phx_WeightedAverageNumberOfSharesOutstandingBasicAndDilutedOther
Basic and diluted weighted average shares outstanding 16,780,501us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 16,725,446us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 16,770,015us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 16,719,946us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Dividends declared per share of common stock and paid in period $ 0.04us-gaap_CommonStockDividendsPerShareCashPaid $ 0.04us-gaap_CommonStockDividendsPerShareCashPaid $ 0.08us-gaap_CommonStockDividendsPerShareCashPaid $ 0.08us-gaap_CommonStockDividendsPerShareCashPaid