ORGANIZATION, BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- Schedule of Depletion (Details) |
12 Months Ended | ||
|---|---|---|---|
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Dec. 31, 2023
USD ($)
$ / Boe
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Dec. 31, 2022
USD ($)
$ / Boe
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Dec. 31, 2021
USD ($)
$ / Boe
|
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||
| Depletion | $ | $ 87,442,546 | $ 55,029,956 | $ 36,735,070 |
| Depletion rate, per barrel-of-oil-equivalent (Boe) | $ / Boe | 13.22 | 12.19 | 11.82 |
| X | ||||||||||
- 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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| X | ||||||||||
- 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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| X | ||||||||||
- References No definition available.
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