v3.23.1
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2022
Discontinued Operations [Abstract]  
Schedule of discontinued operations to assets and liabilities held for sale
   December 31, 
   2022   2021 
Assets:        
Oil and natural gas properties held for sale, at cost  $1,874,849   $1,874,849 
Accumulated DD&A   (1,874,849)   (1,874,849)
Total assets of discontinued operations held for sale  $
-
   $
-
 
           
Liabilities:          
Accrued liabilities  $61,701   $48,997 
Asset retirement obligations   52,368    52,368 
Revenue payable   52,117    52,117 
Current liabilities of discontinued operations held for sale   166,186    153,482 
Asset retirement obligations -          
Long-term liabilities of discontinued operations held for sale   207,197    162,948 
Total liabilities of discontinued operations held for sale  $373,383   $316,430 

 

Schedule of discontinued operations shown in the consolidated statements of operations
   For the year ended
December 31,
 
   2022   2021 
Revenue -        
Oil and gas sales  $147,828   $116,710 
           
Costs and Expenses:          
Lease operating expense   163,352    134,590 
Accretion of asset retirement obligations   44,249    14,333 
Total costs and expenses   207,601    148,923 
Loss from discontinued operations  $(59,773)  $(32,213)