XML 78 R58.htm IDEA: XBRL DOCUMENT v3.22.4
PROPERTY AND EQUIPMENT AND ASSET RETIREMENT OBLIGATION (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Aug. 31, 2023
Jan. 31, 2022
Jul. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Property and equipment          
Proved Properties, Net Property and Equipment       $ 13,232 $ 2,423
Unproved Properties, Net Property and Equipment       0 962
Net drilling rigs and other property and equipment       369 490
Total Gross Property and Equipment       74,806 67,412
Total Accumulated Depletion, Depreciation, Amortization, and Impairment       (61,205) (63,537)
Total Net Property and Equipment       13,601 3,875
Oil and natural gas properties, full cost method of accounting:          
Unproved properties       0 962
Accumulated depletion, depreciation, and impairment       (54,651) (56,067)
Total oil and natural gas properties, net       13,232 3,385
Gain on sale of corporate office       0 1,982
Change in the asset retirement obligation          
Balance at the beginning of the year       7,053 6,194
Obligations incurred on new wells drilled or acquired       1,682 532
Liabilities associated with properties sold       (483) (375)
Revision of estimated obligation       1,021 279
Accretion expense       767 580
Payments       (942) (421)
Foreign currency translation adjustment       (642) 264
Balance at the end of the year       8,456 7,053
Less current portion       (1,327) (713)
Asset retirement obligation, long-term       7,129 6,340
Abandonment and reclamation cost, cash deposit     $ 888   1,525
Increase (decrease) in asset retirement obligation         213
Abandonment and reclamation cost, cumulative cash deposit reduction       $ (113)  
Twining, Alberta, Canada | Barnwell Industries Inc          
Change in the asset retirement obligation          
Obligations incurred on new wells drilled or acquired   $ 1,500      
Forecast          
Change in the asset retirement obligation          
Abandonment and reclamation cost, cash deposit $ 637        
Minimum          
Change in the asset retirement obligation          
Discount rate for ARO       6.00%  
Maximum          
Change in the asset retirement obligation          
Discount rate for ARO       13.50%  
Oil and natural gas properties          
Property and equipment          
Proved Properties, Gross Property and Equipment       $ 67,883 58,490
Proved Properties, Accumulated Depletion, Depreciation, Amortization, and Impairment       (54,651) (56,067)
Proved Properties, Net Property and Equipment       13,232 2,423
Unproved Properties, Gross Property and Equipment       0 962
Unproved Properties, Accumulated Depletion, Depreciation, Amortization, and Impairment       0 0
Unproved Properties, Net Property and Equipment       0 962
Oil and natural gas properties, full cost method of accounting:          
Proved Properties       67,883 58,490
Total oil and natural gas properties, gross       67,883 59,452
Total oil and natural gas properties, net       13,232 3,385
Change in the asset retirement obligation          
Oil and Gas Property, Full Cost Method, Depletion       (54,651) (56,067)
Drilling rigs and equipment          
Property and equipment          
Gross Property and Equipment       6,304 7,273
Accumulated Depletion, Depreciation, Amortization, and Impairment       (5,943) (6,789)
Net drilling rigs and other property and equipment       $ 361 $ 484
Drilling rigs and equipment | Minimum          
Property and equipment          
Estimated useful lives       3 years 3 years
Drilling rigs and equipment | Maximum          
Property and equipment          
Estimated useful lives       10 years 10 years
Other property and equipment          
Property and equipment          
Gross Property and Equipment       $ 619 $ 687
Accumulated Depletion, Depreciation, Amortization, and Impairment       (611) (681)
Net drilling rigs and other property and equipment       $ 8 $ 6
Other property and equipment | Minimum          
Property and equipment          
Estimated useful lives       3 years 3 years
Other property and equipment | Maximum          
Property and equipment          
Estimated useful lives       10 years 10 years
Office          
Oil and natural gas properties, full cost method of accounting:          
Gain on sale of corporate office         $ 1,164
Proceeds from sale of corporate office         $ 1,864