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Note 7 - Supplemental Information Relating to Oil and Gas Producing Activities (Unaudited) - Results of Operations for Oil and Gas Producing Activities (Details) - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Crude oil and natural gas sales $ 9,067,189 $ 3,413,680
Production costs (2,294,111) (1,955,265)
Depreciation, depletion and amortization (369,120) (970,115)
Accretion expense (212,410) (243,468)
Results of operations before income tax benefit 6,191,548 244,832
Income tax benefit 110,000 70,000
Results of operations for oil and gas producing activities (excluding corporate overhead and financing costs) $ 6,301,548 $ 314,832