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REVENUE FROM CONTRACTS WITH CUSTOMERS
 6 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
Disaggregation of Revenue

    The following tables provide information about disaggregated revenue by revenue streams, reportable segments, geographical region, and timing of revenue recognition for the three and six months ended March 31, 2022 and 2021.
Three months ended March 31, 2022
Oil and natural gasContract drillingLand investmentOtherTotal
Revenue streams:
Oil$3,657,000 $— $— $— $3,657,000 
Natural gas859,000 — — — 859,000 
Natural gas liquids617,000 — — — 617,000 
Drilling and pump— 818,000 — — 818,000 
Contingent residual payments— — 695,000 — 695,000 
Other— — — 32,000 32,000 
Total revenues before interest income$5,133,000 $818,000 $695,000 $32,000 $6,678,000 
Geographical regions:
United States$992,000 $818,000 $695,000 $— $2,505,000 
Canada4,141,000 — — 32,000 4,173,000 
Total revenues before interest income$5,133,000 $818,000 $695,000 $32,000 $6,678,000 
Timing of revenue recognition:
Goods transferred at a point in time$5,133,000 $— $695,000 $32,000 $5,860,000 
Services transferred over time— 818,000 — — 818,000 
Total revenues before interest income$5,133,000 $818,000 $695,000 $32,000 $6,678,000 
Three months ended March 31, 2021
Oil and natural gasContract drillingLand investmentOtherTotal
Revenue streams:
Oil$1,933,000 $— $— $— $1,933,000 
Natural gas461,000 — — — 461,000 
Natural gas liquids158,000 — — — 158,000 
Drilling and pump— 1,389,000 — — 1,389,000 
Other— — — 57,000 57,000 
Total revenues before interest income$2,552,000 $1,389,000 $— $57,000 $3,998,000 
Geographical regions:
United States$— $1,389,000 $— $4,000 $1,393,000 
Canada2,552,000 — — 53,000 2,605,000 
Total revenues before interest income$2,552,000 $1,389,000 $— $57,000 $3,998,000 
Timing of revenue recognition:
Goods transferred at a point in time$2,552,000 $— $— $57,000 $2,609,000 
Services transferred over time— 1,389,000 — — 1,389,000 
Total revenues before interest income$2,552,000 $1,389,000 $— $57,000 $3,998,000 
Six months ended March 31, 2022
Oil and natural gasContract drillingLand investmentOtherTotal
Revenue streams:
Oil$6,325,000 $— $— $— $6,325,000 
Natural gas1,708,000 — — — 1,708,000 
Natural gas liquids1,020,000 — — — 1,020,000 
Drilling and pump— 1,694,000 — — 1,694,000 
Contingent residual payments— — 1,295,000 — 1,295,000 
Other— — — 89,000 89,000 
Total revenues before interest income$9,053,000 $1,694,000 $1,295,000 $89,000 $12,131,000 
Geographical regions:
United States$1,956,000 $1,694,000 $1,295,000 $4,000 $4,949,000 
Canada7,097,000 — — 85,000 7,182,000 
Total revenues before interest income$9,053,000 $1,694,000 $1,295,000 $89,000 $12,131,000 
Timing of revenue recognition:
Goods transferred at a point in time$9,053,000 $— $1,295,000 $89,000 $10,437,000 
Services transferred over time— 1,694,000 — — 1,694,000 
Total revenues before interest income$9,053,000 $1,694,000 $1,295,000 $89,000 $12,131,000 
Six months ended March 31, 2021
Oil and natural gasContract drillingLand investmentOtherTotal
Revenue streams:
Oil$3,313,000 $— $— $— $3,313,000 
Natural gas836,000 — — — 836,000 
Natural gas liquids290,000 — — — 290,000 
Drilling and pump— 3,331,000 — — 3,331,000 
Contingent residual payments— — 485,000 — 485,000 
Other— — — 130,000 130,000 
Total revenues before interest income$4,439,000 $3,331,000 $485,000 $130,000 $8,385,000 
Geographical regions:
United States$— $3,331,000 $485,000 $4,000 $3,820,000 
Canada4,439,000 — — 126,000 4,565,000 
Total revenues before interest income$4,439,000 $3,331,000 $485,000 $130,000 $8,385,000 
Timing of revenue recognition:
Goods transferred at a point in time$4,439,000 $— $485,000 $130,000 $5,054,000 
Services transferred over time— 3,331,000 — — 3,331,000 
Total revenues before interest income$4,439,000 $3,331,000 $485,000 $130,000 $8,385,000 

Contract Balances

    The following table provides information about accounts receivables, contract assets and contract liabilities from contracts with customers:
March 31, 2022September 30, 2021
Accounts receivables from contracts with customers$4,446,000 $2,797,000 
Contract assets522,000 581,000 
Contract liabilities662,000 455,000 
    Accounts receivables from contracts with customers are included in “Accounts and other receivables, net of allowance for doubtful accounts,” and contract assets, which includes costs and estimated earnings in excess of billings and retainage, are included in “Other current assets.” Contract liabilities, which includes billings in excess of costs and estimated earnings are included in “Other current liabilities” in the accompanying Condensed Consolidated Balance Sheets.

    Retainage, included in contract assets, represents amounts due from customers, but where payments are withheld contractually until certain construction milestones are met. Amounts retained typically range from 5% to 10% of the total invoice, up to contractually-specified maximums. The Company classifies as a current asset those retainages that are expected to be collected in the next twelve months.

    Contract assets represent the Company’s rights to consideration in exchange for services transferred to a customer that have not been billed as of the reporting date. The Company’s rights are generally unconditional at the time its performance obligations are satisfied.

    When the Company receives consideration or such consideration is unconditionally due from a customer prior to transferring goods or services to the customer under the terms of a sales contract, the Company records deferred revenue, which represents a contract liability. Such deferred revenue typically results from billings in excess of costs and estimated earnings on uncompleted contracts. As of March 31, 2022 and September 30, 2021, the Company had $662,000 and $455,000, respectively, included in “Other current liabilities” on the balance sheets for those performance obligations expected to be completed in the next twelve months.

    During the six months ended March 31, 2022 and 2021, the amount of revenue recognized that was previously included in contract liabilities as of the beginning of the respective period was $308,000 and $789,000, respectively.
    
    Contracts are sometimes modified for a change in scope or other requirements. The Company considers contract modifications to exist when the modification either creates new or changes the existing enforceable rights and obligations. Most of the Company’s contract modifications are for goods and services that are not distinct from the existing performance obligations. The effect of a contract modification on the transaction price, and the measure of progress for the performance obligation to which it relates, is recognized as an adjustment to revenue (either as an increase or decrease) on a cumulative catchup basis.

Performance Obligations

    The Company’s remaining performance obligations for drilling and pump installation contracts (hereafter referred to as “backlog”) represent the unrecognized revenue value of the Company’s contract commitments. The Company’s backlog may vary significantly each reporting period based on the timing of major new contract commitments. In addition, our customers have the right, under some infrequent circumstances, to terminate contracts or defer the timing of the Company’s services and their payments to us. Nearly all of the Company's contract drilling segment contracts have original expected durations of one year or less. At March 31, 2022, the Company had four contract drilling jobs with original expected durations of greater than one year. For these contracts, 13% of the remaining performance obligation of $2,844,000 is expected to be recognized in the next twelve months and the remaining, thereafter.
Contract Fulfillment Costs

    Preconstruction costs, which include costs such as set-up and mobilization, are capitalized and allocated across all performance obligations and deferred and amortized over the contract term on a progress towards completion basis. As of March 31, 2022 and September 30, 2021, the Company had $257,000 and $326,000, respectively, in unamortized preconstruction costs related to contracts that were not completed. During the three and six months ended March 31, 2022 and 2021, the amortization of preconstruction costs related to contracts were not material and were included in the accompanying Condensed Consolidated Statements of Operations. Additionally, no impairment charges in connection with the Company’s preconstruction costs were recorded during the three and six months ended March 31, 2022 and 2021.