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 | |
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Dec. 31, 2018 |
Dec. 31, 2017 |
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Oil and Gas Exploration and Production Industries Disclosures [Abstract] | ||
Beginning of year | $ 16,605,980 | $ 13,564,480 |
Sales and transfers of oil & gas produced, net of production costs | 368,421 | 267,997 |
Net changes in prices and production costs | 4,178,977 | 1,967,068 |
Changes in estimated future development costs | (5,742,027) | 1,806,404 |
Acquisitions/dispositions of minerals in place, net of production costs | 1,544,720 | 7,645,722 |
Revision of previous estimates | 2,462,457 | (19,654,723) |
Change in discount | 286,849 | 732,656 |
Change in production rate or other | 3,933,348 | 10,276,376 |
End of year | $ 23,638,725 | $ 16,605,980 |
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- Definition Acquisitions/dispositions of minerals in place, net of production costs. No definition available.
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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/disclosureRef
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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/disclosureRef
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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/disclosureRef
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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/disclosureRef
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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/disclosureRef
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- 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
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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/disclosureRef
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- References No definition available.
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