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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating Revenues:    
Operating revenues $ 9,034,540 $ 3,995,074
Lease Bonuses and Other 9,804 87,024
Total Operating Revenues 9,116,426 4,082,098
Operating Costs and Expenses:    
Production 2,721,827 1,878,319
Exploration 687,648 161,288
Depreciation, Depletion, Amortization and Valuation Provisions 2,754,923 3,399,275
General, Administrative and Other 2,311,144 1,798,991
Total Operating Costs and Expenses 8,475,542 7,237,873
Income/(Loss) from Operations 640,884 (3,155,775)
Equity Loss in Investees (154,041) (109,855)
Other Income, Net 709,563 775,082
Income/(Loss) Before Income Taxes 1,196,406 (2,490,548)
Income Tax Benefit 54,889 534,293
Net Income/(Loss) $ 1,251,295 $ (1,956,255)
Per Share Data:    
Net Income/(Loss), Basic and Diluted (in dollars per share) $ 8.00 $ (12.49)
Cash Dividends (in dollars per share) $ 5.00 $ 5.00
Weighted Average Shares Outstanding, Basic and Diluted (in shares) 156,483 156,595
Oil and Gas [Member]    
Operating Revenues:    
Operating revenues $ 9,034,540 $ 3,995,074
Service [Member]    
Operating Revenues:    
Operating revenues $ 72,082