DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Components of Cash (Paid) Received for Commodity Derivative Settlements (Details) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2022 |
Dec. 31, 2021 |
Dec. 31, 2020 |
|
| Cash flows from operating activities | |||
| Cash (paid) received for derivative settlements | $ (62,525,954) | $ (52,768,154) | $ 22,522,591 |
| Oil | |||
| Cash flows from operating activities | |||
| Cash (paid) received for derivative settlements | (61,875,870) | (53,511,332) | 22,522,591 |
| Natural Gas | |||
| Cash flows from operating activities | |||
| Cash (paid) received for derivative settlements | $ (650,084) | $ 743,178 | $ 0 |
| X | ||||||||||
- Definition The premium cost of a hedge, net of any cash (paid) and received on settlement during the period. No definition available.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Details
|
| X | ||||||||||
- Details
|