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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and equivalents $ 12,566,868 $ 11,883,725
Investments 17,064,136 13,207,778
Production accounts receivable 1,661,669 1,189,524
Other 64,681 60,725
Total current assets 31,357,354 26,341,752
PROPERTY AND EQUIPMENT    
Proved properties (successful efforts accounting method) 175,062,777 179,141,990
Pipeline and support equipment 762,440 682,135
Corporate and other 2,094,423 2,127,423
Gross property and equipment 177,919,640 181,951,548
Less accumulated depreciation, depletion, amortization and write down 168,754,778 172,431,241
Net property and equipment 9,164,862 9,520,307
OTHER ASSETS 125,796 136,290
TOTAL ASSETS 40,648,012 35,998,349
CURRENT LIABILITIES    
Accounts payable 1,869,885 1,958,042
Accrued expenses 1,084,347 1,624,205
Total current liabilities 2,954,232 3,582,247
DEFERRED INCOME TAXES 40,700 37,700
OPERATIONAL ADVANCES 2,135,632 1,513,924
ASSET RETIREMENT OBLIGATIONS 16,807,486 16,591,270
COMMITMENTS AND CONTINGENCIES
LIMITED PARTNERS' EQUITY, SUBJECT TO REPURCHASE RIGHT    
Authorized - 8,000,000 Units issued and outstanding - 5,549,355 and 5,587,616 Units, respectively 18,486,440 14,103,844
GENERAL PARTNER'S EQUITY 223,522 169,364
Total partners' equity 18,709,962 14,273,208
TOTAL LIABILITIES AND PARTNERS' EQUITY $ 40,648,012 $ 35,998,349