SUBSEQUENT EVENTS (Tables)
|
12 Months Ended |
Dec. 31, 2022 |
|---|
| SUBSEQUENT EVENTS |
|
| Schedule Of operating income |
|
|
United States |
|
|
|
December 31,
2022
|
|
|
December 31,
2021
|
|
Sales |
|
$ |
597,255 |
|
|
$ |
401,222 |
|
Lease operating costs |
|
|
(173,327 |
) |
|
|
(134,684 |
) |
Depletion |
|
|
(5,617 |
) |
|
|
(5,993 |
) |
Net operating income |
|
$ |
418,311 |
|
|
$ |
260,545 |
|
|
| Schedule Of Estimated Quantities of Proved Reserves |
|
|
United States |
|
|
|
December 31,
2022
|
|
|
December 31,
2021
|
|
|
|
|
|
|
|
|
Proved Developed, Producing |
|
|
71,560 |
|
|
|
73,800 |
|
Proved Developed, Non-Producing |
|
|
- |
|
|
|
- |
|
Total Proved Developed |
|
|
71,560 |
|
|
|
73,800 |
|
Proved Undeveloped |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Total Proved |
|
|
71,560 |
|
|
|
73,800 |
|
|
| Schedule Of Petroleum and Natural Gas Reserves |
|
|
December 31,
2022
|
|
|
December 31,
2021
|
|
|
|
|
|
|
|
|
Proved Developed Producing Reserves |
|
|
|
|
|
|
Crude Oil (Bbls) |
|
|
43,040 |
|
|
|
48,400 |
|
Natural Gas (Mcf) |
|
|
28,520 |
|
|
|
25,400 |
|
NGL (Bbls) |
|
|
- |
|
|
|
- |
|
Oil Equivalents (Boe) |
|
|
71,560 |
|
|
|
73,800 |
|
|
|
|
|
|
|
|
|
|
Proved Developed Non-Producing Reserves |
|
|
|
|
|
|
|
|
Crude Oil (Bbls) |
|
|
- |
|
|
|
- |
|
Natural Gas (Mcf) |
|
|
- |
|
|
|
- |
|
NGL (Bbls) |
|
|
- |
|
|
|
- |
|
Oil Equivalents (Boe) |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Proved Undeveloped Reserves |
|
|
|
|
|
|
|
|
Crude Oil (Bbls) |
|
|
- |
|
|
|
- |
|
Natural Gas (Mcf) |
|
|
- |
|
|
|
- |
|
NGL (Bbls) |
|
|
- |
|
|
|
- |
|
Oil Equivalents (Boe) |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Proved Reserves |
|
|
|
|
|
|
|
|
Crude Oil (Bbls) |
|
|
43,040 |
|
|
|
48,400 |
|
Natural Gas (Mcf) |
|
|
28,520 |
|
|
|
25,400 |
|
NGL (Bbls) |
|
|
- |
|
|
|
- |
|
Oil Equivalents (Boe) |
|
|
71,560 |
|
|
|
73,800 |
|
|
| Schedule Of Standardized Measure of Discounted Future Net Cash Flows Relating to Proved Reserves |
|
|
United States |
|
|
|
December 31,
2022
|
|
|
December 31,
2021
|
|
|
|
|
|
|
|
|
Future cash inflows |
|
$ |
6,198,100 |
|
|
$ |
3,889,900 |
|
Future production costs |
|
|
(2,617,830 |
) |
|
|
(1,638,400 |
) |
Future development costs |
|
|
- |
|
|
|
- |
|
Future income tax expense |
|
|
- |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Future net cash flows |
|
|
3,580,270 |
|
|
|
2,251,500 |
|
10% annual discount for estimated timing of cash flows |
|
|
(1,692,970 |
) |
|
|
(993,500 |
) |
|
|
|
|
|
|
|
|
|
Standardized measure of DFNCF |
|
$ |
1,887,300 |
|
|
$ |
1,258,000 |
|
|
| Schedule Of Changes in Standardized Measure of Discounted Future Net Cash Flows |
|
|
United States |
|
|
|
December 31,
2022
|
|
|
December 31,
2021
|
|
|
|
|
|
|
|
|
Balance - beginning |
|
$ |
1,258,000 |
|
|
$ |
314,300 |
|
Net changes in prices and production costs |
|
|
- |
|
|
|
- |
|
Net changes in future development costs |
|
|
- |
|
|
|
- |
|
Sales of oil and gas produced, net |
|
|
(423,928 |
) |
|
|
(266,538 |
) |
Extensions, discoveries and improved recovery |
|
|
- |
|
|
|
- |
|
Purchases of reserves |
|
|
- |
|
|
|
- |
|
Sales of reserves |
|
|
- |
|
|
|
- |
|
Revisions of previous quantity estimates |
|
|
114,972 |
|
|
|
(99,613 |
) |
Previously estimated development costs incurred |
|
|
- |
|
|
|
- |
|
Net change in income taxes |
|
|
- |
|
|
|
181,718 |
|
Accretion of discount |
|
|
188,730 |
|
|
|
125,800 |
|
Other |
|
|
749,526 |
|
|
|
962,333 |
|
|
|
|
|
|
|
|
|
|
Balance - ending |
|
$ |
1,887,300 |
|
|
$ |
1,258,000 |
|
|