BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES - Joint Interest Billing Receivable and Allowance for Credit Loss (Details) - USD ($) |
Jun. 30, 2024 |
Dec. 31, 2023 |
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Organization, Consolidation and Presentation of Financial Statements [Abstract] | ||
Joint interest billing receivables | $ 1,899,074 | $ 2,480,843 |
Allowance for credit losses | (200,621) | (58,569) |
Joint interest billing receivables, net | $ 1,698,453 | $ 2,422,274 |
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- Definition Oil And Gas Joint Interest Billing Receivables, Before Allowance For Credit Loss No definition available.
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- Definition Amount of allowance for credit loss on accounts receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of receivable from nonoperator partner in joint interest operation in oil- and gas-producing activities, classified as current. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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