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OIL AND GAS PROPERTIES (TABLES)
3 Months Ended
Mar. 31, 2021
Oil and gas properties,full cost method  
Schedule of oil and natural gas properties

 

December 31,

2020

 

 

Depletion and Adjustments

 

 

March 31,

2021

 

 

 

 

 

 

 

 

 

 

 

Proved developed producing oil and gas properties

 

 

 

 

 

 

 

 

 

United States cost center

 

$ 78,433,316

 

 

$ -

 

 

$ 78,433,316

 

Accumulated depreciation, depletion and amortization

 

 

(78,358,439 )

 

 

(1,073 )

 

 

(78,359,513 )

Proved developed producing oil and gas properties, net

 

$ 74,877

 

 

$ (1,073 )

 

$ 73,804