Ring Energy, Inc. Annual report pursuant to Section 13 and 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS - Additional Information (Details)

DERIVATIVE FINANCIAL INSTRUMENTS - Additional Information (Details)	Dec. 31, 2022 BarrelOfButane MMBTU $ / bbl $ / MMBTU	Dec. 31, 2021 BarrelOfButane MMBTU $ / bbl $ / MMBTU	Dec. 31, 2020 BarrelOfButane bbl $ / bbl
Swap Contract
Barrels per day \| bbl			5,500
Put price			33.24
Swap Price			33.24
Oil \| Commodity Contract A
Barrels per day \| BarrelOfButane			1,000
Put price			45.00
Call price			54.75
Oil \| Commodity Contract A \| January 2021 Through December 2021
Barrels per day \| BarrelOfButane		2,000
Swap Price		45.37
Oil \| Commodity Contract A \| January 2022 through December 2022
Barrels per day \| BarrelOfButane	500
Swap Price	44.22
Oil \| Commodity Contract B
Barrels per day \| BarrelOfButane			1,000
Put price			45.00
Call price			52.71
Oil \| Commodity Contract B \| January 2021 Through December 2021
Barrels per day \| BarrelOfButane		500
Swap Price		45.38
Oil \| Commodity Contract B \| January 2022 through December 2022
Barrels per day \| BarrelOfButane	500
Swap Price	44.75
Oil \| Commodity Contract C
Barrels per day \| BarrelOfButane			1,000
Put price			40.00
Call price			55.08
Oil \| Commodity Contract C \| January 2021 Through December 2021
Barrels per day \| BarrelOfButane		500
Swap Price		45.00
Oil \| Commodity Contract C \| January 2022 through December 2022
Barrels per day \| BarrelOfButane	500
Swap Price	44.97
Oil \| Commodity Contract D
Barrels per day \| BarrelOfButane			1,500
Put price			40.00
Call price			55.35
Oil \| Commodity Contract D \| January 2021 Through December 2021
Barrels per day \| BarrelOfButane		500
Swap Price		45.40
Oil \| Commodity Contract D \| January 2022 through December 2022
Barrels per day \| BarrelOfButane	250
Swap Price	45.98
Oil \| Commodity Contract E \| January 2021 Through December 2021
Barrels per day \| BarrelOfButane		500
Swap Price		45.60
Oil \| Commodity Contract F \| January 2021 Through December 2021
Barrels per day \| BarrelOfButane		500
Swap Price		45.96
Natural Gas \| January 2021 Through December 2021
Barrels per day \| MMBTU		6,000
Swap Price \| $ / MMBTU		2.991
Natural Gas \| January 2022 through December 2022
Barrels per day \| MMBTU	5,000
Swap Price \| $ / MMBTU	2.7255