ASSET RETIREMENT OBLIGATION - Changes in Asset Retirement Obligations (Details) - USD ($) |
12 Months Ended | ||
---|---|---|---|
Dec. 31, 2024 |
Dec. 31, 2023 |
Dec. 31, 2022 |
|
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] | |||
Beginning balance | $ 28,248,084 | $ 30,226,306 | $ 15,292,054 |
Liabilities acquired | 2,090,777 | 14,538,550 | |
Liabilities incurred | 695,553 | 439,528 | 353,008 |
Liabilities sold | (3,219,651) | (5,340,211) | 0 |
Liabilities settled | (855,561) | (647,828) | (940,738) |
Revision of estimate | 133,794 | 53,826 | 0 |
Accretion expense | 1,380,298 | 1,425,686 | 983,432 |
Ending balance | $ 26,382,517 | $ 28,248,084 | $ 30,226,306 |
X | ||||||||||
- Definition Amount of asset retirement obligations acquired during the period. No definition available.
|
X | ||||||||||
- Definition Amount of asset retirement obligations properties sold, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset. No definition available.
|
X | ||||||||||
- Definition Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
|
X | ||||||||||
- Definition The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of asset retirement obligations incurred during the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of asset retirement obligations settled, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in the asset retirement obligation from changes in the amount or timing of the estimated cash flows associated with the settlement of the obligation. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|