SUBSEQUENT EVENTS (Details 4) - USD ($) |
12 Months Ended | |
|---|---|---|
Dec. 31, 2022 |
Dec. 31, 2021 |
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| SUBSEQUENT EVENTS | ||
| Balance - beginning | $ 1,258,000 | $ 314,300 |
| Net changes in prices and production costs | 0 | 0 |
| Net changes in future development costs | 0 | 0 |
| Sales of oil and gas produced, net | (423,928) | (266,538) |
| Extensions, discoveries and improved recovery | 0 | 0 |
| Purchases of reserves | 0 | 0 |
| Sales of reserves | 0 | 0 |
| Revisions of previous quantity estimates | 114,972 | (99,613) |
| Previously estimated development costs incurred | 0 | 0 |
| Net change in income taxes | 0 | 181,718 |
| Accretion of discount | 188,730 | 125,800 |
| Other | 749,526 | 962,333 |
| Balance - ending | $ 1,887,300 | $ 1,258,000 |
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- References No definition available.
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of extensions, discoveries and improved recovery of proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in estimated future development costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in sales and transfer prices and in production (lifting) costs related to future production. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase in standardized measure of discounted future net cash flow as a result of previously estimated development costs incurred. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of revisions of estimated quantity of oil and gas in proved reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of (increase) decrease in standardized measure of discounted future net cash flow as a result of sales and transfers of oil and gas produced. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of accretion of the preferred stock redemption discount during the period. No definition available.
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- References No definition available.
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