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REVENUE
3 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
REVENUE

3. REVENUE

 

Revenue from contracts with customers is presented in “Oil and gas sales” on the Consolidated Statements of Operations.

 

As of December 31, 2023 and September 30, 2023, receivable from contracts with customers, included in trade and other receivables, were $21,116 and $48,165, respectively.

 

The following tables present our revenue from contracts with customers disaggregated by product type and geographic areas.

SCHEDULE OF REVENUE DISAGGREGATED BY PRODUCT TYPE AND GEOGRAPHIC AREAS 

Three months ended December 31, 2023  Texas   New Mexico   Total 
             
Crude oil  $29,624   $18,027   $47,651 
Natural gas   -    -    - 
Revenue from contracts with customers  $29,624   $18,027   $47,651 

 

Three months ended December 31, 2022  Texas   New Mexico   Total 
             
Crude oil  $173,961   $39,512   $213,473 
Natural gas   281    -    281 
Revenue from contracts with customers  $174,242   $39,512   $213,754