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Note 10 - Supplemental Financial Data - Oil and Gas Producing Activities (Unaudited): Summary of Changes Present Value of Estimated Future Net Revenue (Tables)
12 Months Ended
Sep. 30, 2024
Tables/Schedules  
Summary of Changes Present Value of Estimated Future Net Revenue

Summary of Changes in Standardized Measure of Discounted Future Net Cash Flows

 

 

Year ended September 30,

2024

2023

Present value of estimated future net revenue, beginning of year

$66,000  

$68,000  

Sales, net of production costs

(20,000) 

(28,000) 

Net change in prices and cost of future production

 

(14,000) 

Revisions of quantity estimates

29,000  

33,000  

Accretion of discount

7,000  

7,000  

Change in production rates and other

(10,000) 

 

Present value of estimated future net revenue, end of year

$72,000  

$66,000