v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
REVENUES    
Total revenues $ 2,676,220 $ 2,157,952
DIRECT COST OF REVENUES    
Production costs 689,377 738,647
Well management and operating 85,231 85,214
Depreciation, depletion and amortization 193,091 73,740
Accretion expense 335,300 266,700
Total direct cost of revenues 1,302,999 1,164,301
GENERAL AND ADMINISTRATIVE EXPENSE 530,295 522,581
Total cost of revenues 1,833,294 1,686,882
INCOME FROM OPERATIONS 842,926 471,070
OTHER INCOME    
Investment income 259,832 404,000
Gain (loss) on disposal of property and equipment (2,395) 96,968
Total other income 257,437 500,968
NET INCOME 1,100,363 972,038
Allocation of Partnership Net Income:    
Limited Partners 1,084,579 958,166
General Partner 15,784 13,872
Net income $ 1,100,363 $ 972,038
Net income per Unit (in dollars per share) $ 0.24 $ 0.21
Oil and Gas [Member]    
REVENUES    
Total revenues $ 2,533,625 $ 2,015,764
Oil and Gas Service [Member]    
REVENUES    
Total revenues 141,694 141,731
Product and Service, Other [Member]    
REVENUES    
Total revenues $ 901 $ 457