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Additional Operations and Balance Sheet Information (Tables)
12 Months Ended
Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Significant purchasers / operators
Purchaser / Operator  2019  2018  2017
Sunoco Partners Marketing   21%   18%   18%
Targa Midstream Services, LLC   8%   9%   13%
Bedrock Production LLC   8%   0%   0%
Enlink Gas Marketing, LTD.   8%   10%   13%
ETX Energy, LLC formerly New Gulf Resources   6%   5%   7%
Eastex Crude Company   5%   3%   7%
Barnett Gathering, LP   5%   4%   1%
ACE Gathering, Inc.   4%   4%   2%
Peveler Pipeline, LP   3%   0%   0%
Shell Trading (US) Company   3%   4%   4%
Pruet Production Co.   3%   3%   3%
Phillips 66   3%   1%   1%
Hunt Crude Oil Supply   3%   0%   0%
ETC Texas Pipeline, Ltd   2%   4%   2%
Midcoast Energy Partners LP   2%   3%   4%
Land and Natural Resource Develomeent   1%   2%   0%
Enlink Crude Purchasing, LLC   1%   0%   0%
FDL Operating LLC   1%   1%   0%
Valero Energy Corporation   1%   1%   3%
Empire Pipeline Corp.   1%   1%   1%
DCP Midstream, LP   1%   4%   3%
XTO Energy, Inc.   1%   1%   1%
OXY USA, Inc.   1%   1%   2%
Range Resources Corporation   1%   1%   1%
Sandridge Energy, Inc.   1%   1%   1%
White Knight Production, LLC   1%   0%   0%
Webb Energy Resources, Inc.   0%   1%   1%
Enervest Operating, LLC   0%   10%   3%
Courson Oil & Gas, Inc.   0%   0%   1%
LPC Crude Oil Marketing LLC   0%   2%   3%
Lucid Energy Group II (Formerly Agave Energy Co.)   0%   1%   2%
Enterprise Crude Oil, LLC   0%   1%   0%
Ward Petroleum Corporation   0%   0%   1%
Revenues, costs and expenses related to the Company's oil and gas operations

   Year Ended December 31,
   2019  2018  2017
Capitalized costs relating to oil and gas               
producing activities:               
Unproved properties  $1,876,000   $1,896,000   $1,891,000 
Proved properties   25,062,000    25,996,000    26,675,000 
Total capitalized costs   26,938,000    27,892,000    28,566,000 
Accumulated amortization   (24,848,000)   (24,454,000)   (24,015,000)
Total capitalized costs, net  $2,090,000    3,438,000    4,551,000 

 

 

   Year Ended December 31,
   2019  2018  2017
Costs incurred in oil and gas property               
acquisitions, exploration and development:               
Acquisition of properties  $214,000   $354,000   $3,629,000 
Development costs   72,000    191,000    856,000 
Total costs incurred  $286,000   $545,000   $4,485,000 

 

 

   Year Ended December 31,
   2019  2018  2017
Results of operations from producing activities:         
Sales of oil and gas  $4,631,000   $5,848,000   $4,495,000 
                
Production costs   2,582,000    2,491,000    2,058,000 
Amortization of oil and gas properties   394,000    439,000    458,000 
Total production costs   2,976,000    2,930,000    2,516,000 
Total net revenue  $1,655,000   $2,918,000   $1,979,000 

 

 

   Year Ended December 31,
   2019  2018  2017
Sales price per equivalent Mcf  $3.97   $5.16   $4.85 
Production costs per equivalent Mcf  $2.21   $2.20   $2.22 
Amortization per equivalent Mcf  $0.34   $0.39   $0.49 

 

 

   Year Ended December 31,
   2019  2018  2017
Results of operations from gas gathering         
and equipment rental activities:               
Revenue  $125,000   $136,000   $126,000 
Operating expenses   32,000    49,000    40,000 
Depreciation   2,000    1,000    5,000 
Total costs   34,000    50,000    45,000 
Total net revenue  $91,000   $86,000   $81,000