CAPITALIZED COSTS AND ACCUMULATED DEPLETION RELATING TO OIL AND GAS PRODUCTION ACTIVITIES (Details) - USD ($) |
Dec. 31, 2024 |
Dec. 31, 2023 |
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Oil and Gas, Full Cost Method, Amortization Expense [Line Items] | ||
Unproved properties not being amortized | ||
Proved properties being amortized | 62,770,657 | |
Accumulated depreciation, depletion, amortization and impairment | (61,653,021) | $ (61,206,942) |
Net capitalized costs | 1,117,636 | |
UNITED STATES | ||
Oil and Gas, Full Cost Method, Amortization Expense [Line Items] | ||
Unproved properties not being amortized | ||
Proved properties being amortized | 13,326,003 | |
Accumulated depreciation, depletion, amortization and impairment | (12,208,367) | (11,762,288) |
Net capitalized costs | 1,117,636 | |
South America [Member] | ||
Oil and Gas, Full Cost Method, Amortization Expense [Line Items] | ||
Unproved properties not being amortized | ||
Proved properties being amortized | 49,444,654 | |
Accumulated depreciation, depletion, amortization and impairment | (49,444,654) | $ (49,444,654) |
Net capitalized costs |
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of accumulated depreciation, depletion, amortization, and valuation allowance for capitalized cost in oil- and gas-producing activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of capitalized cost excluded from amortization for investment in unproved property and development project for oil- and gas-producing activities accounted for under full cost method. Includes, but is not limited to, acquisition, exploration, and development costs for development project and capitalized interest. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after accumulated depreciation, depletion, amortization, and valuation allowance, of capitalized cost in oil- and gas-producing activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, before accumulated depreciation, depletion, amortization, and valuation allowance, of capitalized cost for well and related equipment and facility in oil- and gas-producing activities. Includes, but is not limited to, cost incurred to drill and equip exploratory well and exploratory-type stratigraphic test well that has found proved reserve and cost incurred to obtain access to proved reserve and provide facility for extracting, treating, gathering, and storing oil and gas, including the drilling and equipping of development well, development-type stratigraphic test well, and service well. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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