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RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($)
3 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Related Party Transaction [Line Items]      
Recognized general and administrative expenses   $ 26,090,160 $ 25,021,117
Accounts receivable, net   26,466,208 18,797,635
Due from common equity holders, officers and directors   $ 143,572 120,501
Management Services Agreement [Member]      
Related Party Transaction [Line Items]      
Description of transactions with related party   The Company was obligated to pay for these services on a quarterly basis amounting to the lesser of; i) $2.00 per produced barrel of oil equivalent (converting natural gas to BOE equivalent of 6:1), and ii) 0.375% of measured assets as defined in the credit agreement.  
Recognized general and administrative expenses     287,126
Letter of Credit [Member]      
Related Party Transaction [Line Items]      
Annual fee received on a quarterly basis $ 1,000,000    
Recognized general and administrative expenses   $ 916,667 416,666
Accounts receivable, net   $ 0 $ 120,501