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

FAIR VALUE MEASUREMENTS (Details) - Fair Value, Measurements, Recurring [Member] - USD ($)	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Oil and gas derivative liabilities	$ (4,156,601)	$ (3,000,078)	$ 0
Total	(4,156,601)	(3,000,078)	0
Fair Value, Inputs, Level 1 [Member]
Oil and gas derivative liabilities	0	0	0
Total	0	0	0
Fair Value, Inputs, Level 2 [Member]
Oil and gas derivative liabilities	(4,156,601)	(3,000,078)	0
Total	(4,156,601)	(3,000,078)	0
Fair Value, Inputs, Level 3 [Member]
Oil and gas derivative liabilities	0	0	0
Total	$ 0	$ 0	$ 0