Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property and Equipment

Schedule of property and equipment

	December 31,		December 31,
	2019		2018
Property and equipment:
Oil and gas properties, successful efforts method
Proved properties	$	130,819,256	$	118,851,574
Unproved properties		21,047,512		19,498,666
Accumulated depletion, depreciation, and amortization		(89,255,035)		(83,807,401)
Total oil and gas properties, net		62,611,733		54,542,839
Gathering system		41,445,225		41,040,847
Accumulated depletion, depreciation, and amortization		(29,961,690)		(28,137,573)
Total gathering system, net		11,483,535		12,903,274
Land		375,314		—
Buildings and other property and equipment, net		211,879		—
Total property and equipment, net	$	74,682,461	$	67,446,113