FAIR VALUE MEASUREMENTS (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Total assets	$ 3,728,588	$ 4,741,646
Commodity derivatives oil
Total assets	3,442,693	2,858,387
Commodity derivatives gas
Total assets	$ 285,895	$ 1,883,259
Level 1
Total assets
Level 1 | Commodity derivatives oil
Total assets
Level 1 | Commodity derivatives gas
Total assets
Level 2
Total assets	$ 3,728,588	$ 4,741,646
Level 2 | Commodity derivatives oil
Total assets	3,442,693	2,858,387
Level 2 | Commodity derivatives gas
Total assets	$ 285,895	$ 1,883,259
Level 3
Total assets
Level 3 | Commodity derivatives oil
Total assets
Level 3 | Commodity derivatives gas
Total assets