OIL AND GAS PROPERTIES (Details) - USD ($) |
12 Months Ended | |
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Dec. 31, 2022 |
Dec. 31, 2021 |
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Proved developed producing oil and gas properties United States cost center | $ 78,433,316 | $ 78,433,316 |
Accumulated depreciation, depletion and amortization | 78,370,049 | 78,364,432 |
Proved developed producing oil and gas properties, net | 63,267 | $ 68,884 |
Depletion And Adjustment [Member] | ||
Proved developed producing oil and gas properties United States cost center | 0 | |
Accumulated depreciation, depletion and amortization | 5,617 | |
Proved developed producing oil and gas properties, net | $ (5,617) |
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- References No definition available.
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash outflow for exploration and development of oil and gas properties. It includes cash payments related to development of oil and gas wells drilled at previously untested geologic structures (to determine the presence of oil or gas) and wells drilled at sites where the presence of oil or gas has already been established (to extract the oil or gas). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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