SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of financial information related to reporting segments

The following table presents certain financial information related to Barnwell’s reporting segments. All revenues reported are from external customers with no intersegment sales or transfers.

	Year ended September 30,
	2024		2023
Revenues:
Oil and natural gas	$	17,396,000	$	19,376,000
Contract drilling	3,612,000		5,427,000
Land investment	500,000		265,000
Other	128,000		114,000
Total before interest income	21,636,000		25,182,000
Interest income	88,000		87,000
Total revenues	$	21,724,000	$	25,269,000
Depletion, depreciation, and amortization:
Oil and natural gas	$	4,947,000	$	4,269,000
Contract drilling	156,000		186,000
Other	3,000		2,000
Total depletion, depreciation, and amortization	$	5,106,000	$	4,457,000
Impairment:
Oil and natural gas	$	2,885,000	$	—
Total impairment	$	2,885,000	$	—
Operating (loss) profit (before general and administrative expenses):
Oil and natural gas	$	(285,000)	$	4,673,000
Contract drilling	(1,027,000)		(428,000)
Land investment	500,000		265,000
Other	125,000		112,000
Gain on sale of assets	—		551,000
Total operating (loss) profit	(687,000)		5,173,000
Equity in income of affiliates:
Land investment	1,071,000		758,000
General and administrative expenses	(5,598,000)		(6,956,000)
Foreign currency gain	10,000		76,000
Interest expense	(2,000)		(2,000)
Interest income	88,000		87,000
Loss before income taxes	$	(5,118,000)	$	(864,000)

Capital Expenditures:

	Year ended September 30,
	2024		2023
Oil and natural gas	$	4,228,000	$	12,212,000
Contract drilling	12,000		314,000
Other	1,000		14,000
Total	$	4,241,000	$	12,540,000

    Oil and natural gas capital expenditures include acquisitions as well as changes to capitalized asset retirement obligations, including revisions of asset retirement obligations (see Note 8 for additional details).  

Assets By Segment:

	September 30,
	2024		2023
Oil and natural gas:
Canada	$	15,218,000	$	18,855,000
United States	4,190,000		5,917,000
Contract drilling (1)	1,597,000		3,100,000
Other:
Cash and cash equivalents	4,505,000		2,830,000
Asset for retirement benefits	4,899,000		4,471,000
Corporate and other	260,000		248,000
Total	$	30,669,000	$	35,421,000

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(1)          Located in Hawaii.

Schedule of long-lived assets and revenue by geographic area

Long-Lived Assets By Geographic Area:

	September 30,
	2024		2023
United States	$	9,214,000	$	10,373,000
Canada	12,572,000		15,963,000
Total	$	21,786,000	$	26,336,000

Revenue By Geographic Area:

	Year ended September 30,
	2024		2023
United States	$	6,452,000	$	8,448,000
Canada	15,184,000		16,734,000
Total (before interest income)	$	21,636,000	$	25,182,000