Note 5 - Oil and Gas Leases (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Oil and Gas, Result of Operation, Producing Activity [Table Text Block]

	2024			2023
Gross revenues
Royalty interests	$	417,846		$	380,654
Lease fees		-			-
		417,846			380,654
Production costs		(46,436	)		(41,677	)
Results before income tax expense		371,410			338,977
Estimated income tax expense		(95,081	)		(86,917	)
Results of operations from producing activities excluding corporate overhead	$	276,329		$	252,060