Summary of Significant Accounting Policies (Details 2) - USD ($) |
3 Months Ended | |
|---|---|---|
Mar. 31, 2021 |
Mar. 31, 2020 |
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| Summary of Significant Accounting Policies | ||
| Oil | $ 10,143,640 | $ 8,466,545 |
| Natural gas and natural gas liquids | 1,217,657 | 2,262,188 |
| Settlements on Hedge Contracts | (960,880) | 969,827 |
| Other income | 93,662 | 89,392 |
| Total revenue | $ 10,494,079 | $ 11,787,952 |
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- References No definition available.
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- Definition Amount of revenue and income classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- 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://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- References No definition available.
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