ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) |
12 Months Ended | ||
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Dec. 31, 2018
USD ($)
$ / BarrelofOilEquivalent
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Dec. 31, 2017
USD ($)
$ / BarrelofOilEquivalent
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Dec. 31, 2016
USD ($)
$ / BarrelofOilEquivalent
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Organization And Summary Of Significant Accounting Policies [Line Items] | |||
Depletion | $ | $ 38,810,864 | $ 20,197,690 | $ 11,179,858 |
Depletion rate, per barrel-of-oil-equivalent (BOE) | $ / BarrelofOilEquivalent | 17.38 | 13.92 | 12.73 |
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- Definition Depletion costs incurred in the oil during the reporting period divided by the number of barrels of oil equivalents (BOE) produced. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The noncash expense charged against earnings to recognize the consumption of oil and gas reserves that are part of an entities' assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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