Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating Revenues:
Oil and Gas Sales	$ 1,592,711	$ 1,579,281
Lease Bonuses and Other	7,528	145,862
Total Operating Revenues	1,600,239	1,725,143
Operating Costs and Expenses:
Production	558,707	606,767
Exploration	3,219	77,645
Depreciation, Depletion, Amortization and Valuation Provisions	234,841	326,332
General, Administrative and Other	452,860	450,534
Total Operating Costs and Expenses	1,249,627	1,461,278
Income from Operations	350,612	263,865
Other Income, Net	140,558	90,399
Income Before Income Tax Provision	491,170	354,264
Income Tax Provision/(Benefit):
Current	36,381	(65,904)
Deferred	122,454	149,574
Total Income Tax Provision	158,835	83,670
Net Income	$ 332,335	$ 270,594
Per Share Data:
Net Income, Basic and Diluted (in dollars per share)	$ 2.12	$ 1.72
Weighted Average Shares Outstanding, Basic and Diluted (in shares)	157,114	157,623