Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2021

Property and Equipment

Schedule of property and equipment

	March 31,		December 31,
	2021		2020
Property and equipment:
Oil and gas properties, successful efforts method
Proved properties	$	134,831,162	$	133,902,723
Unproved properties		21,510,765		21,552,063
Accumulated depletion, depreciation, amortization and impairment		(99,469,225)		(98,200,111)
Total oil and gas properties, net		56,872,702		57,254,675
Gathering system		42,215,928		42,202,644
Accumulated depletion, depreciation, amortization and impairment		(32,480,738)		(32,101,624)
Total gathering system, net		9,735,190		10,101,020
Land		637,764		637,764
Buildings and other property and equipment, net		335,455		338,419
Total property and equipment, net	$	67,581,111	$	68,331,878