Quarterly report pursuant to Section 13 or 15(d)

REVENUE RECOGNITION (Tables)

v3.19.1
REVENUE RECOGNITION (Tables)
3 Months Ended
Mar. 31, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue [Table Text Block]
Disaggregation of Revenue.
The following table presents revenues disaggregated by product for the three months ended March 31, 2019 and 2018:
 
 
 
For The Three Months
 
 
 
Ended March 31,
 
 
 
2019
 
 
2018
 
Operating revenues
 
 
 
 
 
 
 
 
Oil
 
$
40,877,983
 
 
$
29,140,165
 
Natural gas
 
 
782,139
 
 
 
751,226
 
Natural gas liquids
 
 
138,193
 
 
 
-
 
 
 
 
 
 
 
 
 
 
Total operating revenues
 
$
41,798,315
 
 
$
29,891,391