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Note 7 - Oil and Gas Leases - Oil and Gas Leasing Activities (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Gross revenues    
Royalty interests $ 500,426 $ 576,976
Lease fees 22,901 4,487
Gross Revenue 523,327 581,463
Production costs 57,454 63,231
Results before income tax expense 465,873 518,232
Estimated income tax expense 135,103 150,287
Results of operations from producing activities excluding corporate overhead $ 330,770 $ 367,945