ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Total depletion and depletion per barrel (Details) - USD ($) |
12 Months Ended | ||
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Dec. 31, 2021 |
Dec. 31, 2020 |
Dec. 31, 2019 |
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| Organization And Summary Of Significant Accounting Policies [Line Items] | |||
| Depletion | $ 36,735,070 | $ 42,634,294 | $ 55,870,246 |
| Depletion rate, per barrel-of-oil-equivalent (BOE) | 11.82 | 13.25 | 14.15 |
| Unrealized Gain (Loss) on Derivatives | (77,853,141) | 21,366,068 | (2,937,024) |
| Cash received (paid) for derivative settlements, net | $ (52,768,154) | $ 22,522,591 | $ 63,054 |
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- Definition Represents the amount of cash received (paid) for derivative settlements, net No definition available.
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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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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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