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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue, Net [Abstract]    
Oil and gas sales $ 65,993 $ 128,568
Total revenues 65,993 128,568
Operating Expenses:    
Lease operating costs 37,353 34,513
Exploration and dry hole cost 0 3,491
Production taxes 3,273 6,699
General and administrative 444,161 1,644,364
Impairment of oil and natural gas properties 0 5,496
Depreciation, depletion, amortization, and accretion 48,019 75,199
Total operating expenses 532,806 1,769,762
Loss from operations (466,813) (1,641,194)
Other Income (Expense):    
Management fee income 1,336 1,499
Interest expense (33,189) (18,706)
Total other income and expense (31,853) (17,207)
Loss before Tax Benefit (498,666) (1,658,401)
Tax benefit 0 0
Net loss (498,666) (1,658,401)
Less: Net loss attributable to non-controlling interest (57,042) (111,828)
Net loss attributable to Victory Energy Corporation $ (441,624) $ (1,546,573)
Weighted average shares, basic and diluted (in shares) 31,220,326 29,203,950
Net loss per share, basic and diluted (in dollars per share) $ (0.01) $ (0.05)