v3.25.2
OIL AND GAS PROPERTIES
6 Months Ended
Jun. 30, 2025
Extractive Industries [Abstract]  
OIL AND GAS PROPERTIES

NOTE 3 - OIL AND GAS PROPERTIES

 

During the three and six months ended June 30, 2025, the Company recorded depletion expense of $44,804 and $66,689, respectively. During the three and six months ended June 30, 2024, the Company recorded depletion expense of $28,107 and $63,085, respectively.

 

Geographical Information

 

The Company currently has properties in the United States. Revenues for the six months ended June 30, 2025 and long-lived assets (net of depletion, amortization, and impairments) as of June 30, 2024 are presented below:

 

SCHEDULE OF REVENUES AND LONG LIVED ASSETS ATTRIBUTABLE TO GEOGRAPHICAL AREA

   Six Months Ended
June 30, 2025
   Six Months Ended June 30, 2025  

Six Months Ended

June 30, 2024

  

Six Months Ended

June 30, 2024

 
   Revenues   Long Lived
Assets, Net
   Revenues   Long Lived
Assets, Net
 
Total  $212,902   $1,056,237   $263,490   $1,497,321