NOTE 10. SUPPLEMENTAL INFORMATION RELATING TO OIL AND GAS PRODUCING ACTIVITIES (UNAUDITED) (Details) - Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows (USD $)
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12 Months Ended | |
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Dec. 31, 2014
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Dec. 31, 2013
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Schedule of Changes in Standardized Measure of Discounted Future Net Cash Flows [Abstract] | ||
Beginning of year | $ 7,966,550us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves | $ 4,440,757us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves |
Sales and transfers of oil & gas produced, net of production costs | (392,979)us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts | (144,845)us-gaap_SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts |
Net changes in prices and production costs | (1,454,390)us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts | 808,717us-gaap_NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts |
Development costs incurred | 675,426us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts | 829,168us-gaap_IncreaseDecreaseInEstimatedFutureDevelopmentCosts |
Changes in estimated future development costs | (1,896,600)us-gaap_PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod | 316,612us-gaap_PreviouslyEstimatedDevelopmentCostsIncurredDuringPeriod |
Acquisitions of minerals in place, net of production costs | 2,966,532us-gaap_IncreaseDueToPurchasesOfMineralsInPlace | 1,183,256us-gaap_IncreaseDueToPurchasesOfMineralsInPlace |
Revision of previous estimates | (867,355)us-gaap_RevisionsOfPreviousQuantityEstimates | (180,497)us-gaap_RevisionsOfPreviousQuantityEstimates |
Change in discount | 796,655us-gaap_AccretionOfDiscount | 444,076us-gaap_AccretionOfDiscount |
Change in production rate or other | (1,489,959)us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther | 269,306us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther |
End of year | $ 6,303,880us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves | $ 7,966,550us-gaap_StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves |
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- Definition
Amount of increase (decrease) in standardized measure of discounted future net cash flow as a result of passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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/presentationRef
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- Definition
Amount of increase in standardized measure of discounted future net cash flow as a result of purchases of minerals in place. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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/presentationRef
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- Definition
Amount of (increase) decrease in standardized measure of discounted future net cash flow as a result of previously estimated development costs incurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- 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/presentationRef
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- 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/presentationRef
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- 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/presentationRef
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- Definition
Amount of discounted future accumulated cash inflow relating to proved oil and gas reserves. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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