REVENUE RECOGNITION (Details) - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2019 |
Mar. 31, 2018 |
|
| Oil | $ 40,877,983 | $ 29,140,165 |
| Natural gas | 782,139 | 751,226 |
| Natural Gas Liquids | 138,193 | 0 |
| Total operating revenues | $ 41,798,315 | $ 29,891,391 |
| X | ||||||||||
- Definition Total Revenue Earned During the period on account of production and Generation of Natural Gas Liquids No definition available.
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| X | ||||||||||
- Definition Aggregate revenue during the period related to gas business activities. No definition available.
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| X | ||||||||||
- Definition Aggregate revenue during the period related to oil business activities. No definition available.
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| X | ||||||||||
- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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