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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
REVENUES        
Total revenues $ 1,428,998 $ 2,764,830 $ 6,257,402 $ 7,411,511
DIRECT COST OF REVENUES        
Production costs 557,408 1,138,454 1,941,890 2,377,360
Well management and operating 70,241 73,320 245,095 244,267
Depreciation, depletion and amortization 146,422 116,860 373,234 400,478
Accretion expense 68,300 79,100 214,900 246,500
Total direct cost of revenues 842,371 1,407,734 2,775,119 3,268,605
GENERAL AND ADMINISTRATIVE EXPENSE 545,825 518,493 1,641,789 1,628,461
Total cost of revenues 1,388,196 1,926,227 4,416,908 4,897,066
INCOME FROM OPERATIONS 40,802 838,603 1,840,494 2,514,445
OTHER INCOME        
Interest and dividend income 136,451 122,772 479,007 286,968
Gain on disposal of property and equipment 400 81,400 37,700 635,165
Gain on sale of other assets 8,960
Total other income 136,851 204,172 516,707 931,093
NET INCOME 177,653 1,042,775 2,357,201 3,445,538
Allocation of Partnership Net Income        
Limited Partners 175,436 1,030,308 2,328,946 3,404,561
General Partner 2,217 12,467 28,255 40,977
Net income $ 177,653 $ 1,042,775 $ 2,357,201 $ 3,445,538
Net income per Unit (in dollars per share) $ 0.03 $ 0.19 $ 0.42 $ 0.61
Oil and Gas [Member]        
REVENUES        
Total revenues $ 1,309,638 $ 2,642,422 $ 5,838,935 $ 6,992,525
Oil and Gas Service [Member]        
REVENUES        
Total revenues 117,264 120,591 412,125 413,356
Product and Service, Other [Member]        
REVENUES        
Total revenues $ 2,096 $ 1,817 $ 6,342 $ 5,630