Supplemental Information Relating to Oil And Gas Producing Activities (Unaudited) - Schedule of Changes in Standardized Measure of Discounted Future Cash Flows (Details) - USD ($) |
12 Months Ended | |
---|---|---|
Dec. 31, 2019 |
Dec. 31, 2018 |
|
Oil and Gas Exploration and Production Industries Disclosures [Abstract] | ||
Beginning of year | $ 23,638,725 | $ 16,605,980 |
Sales and transfers of oil & gas produced, net of production costs | (1,514,335) | 368,421 |
Net changes in prices and production costs | 5,780,704 | 4,178,977 |
Changes in estimated future development costs | (676,141) | (5,742,027) |
Acquisitions/dispositions of minerals in place, net of production costs | 1,544,720 | |
Revision of previous estimates | (878,772) | 2,462,456 |
Change in discount | 1,386,793 | 286,849 |
Change in production rate or other | (1,912,244) | 3,933,348 |
End of year | $ 25,824,730 | $ 23,638,725 |
X | ||||||||||
- Definition Acquisitions/dispositions of minerals in place, net of production costs. No definition available.
|
X | ||||||||||
- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in estimated future development costs. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of change in sales and transfer prices and in production (lifting) costs related to future production. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of revisions of estimated quantity of oil and gas in proved reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of (increase) decrease in standardized measure of discounted future net cash flow as a result of sales and transfers of oil and gas produced. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of changes from other sources. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of accretion of discount for the standardized measure of discounted future net cash flow related to proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- Definition Amount of discounted future accumulated cash inflow relating to proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
X | ||||||||||
- References No definition available.
|