SUPPLEMENTAL INFORMATION RELATING TO OIL AND GAS PRODUCING ACTIVITIES (UNAUDITED) (Details 2) - bbl |
12 Months Ended | |
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Dec. 31, 2015 |
Dec. 31, 2014 |
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| Proved Developed and Undeveloped Reserves [Roll Forward] | ||
| Balance at the beginning | 301,900 | 226,600 |
| Revisions of prior estimates | (99,207) | 83,396 |
| Purchases of reserves in place | 536,140 | |
| Production | (4,313) | (8,096) |
| Balance at the end | 734,520 | 301,900 |
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- 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.
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- Definition The net quantity of proved reserves as of the balance sheet date. Proved oil reserves are the estimated quantities of crude oil and natural gas liquids which geological and engineering data demonstrate with reasonable certainty to be recoverable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Production of proved reserves. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Purchase of minerals in place. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Revisions represent changes in previous estimates of proved reserves, either upward or downward, resulting from new information (except for an increase in proved acreage) normally obtained from development drilling and production history or resulting from change in economic factors. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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