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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
REVENUES    
Total revenues $ 9,641,441 $ 3,824,550
DIRECT COST OF REVENUES    
Production costs 2,294,111 1,955,265
Well management and operating 342,627 244,474
Depreciation, depletion and amortization 369,120 970,115
Accretion expense 212,410 243,468
Total direct cost of revenues 3,218,268 3,413,322
GENERAL AND ADMINISTRATIVE EXPENSE 2,081,245 2,024,011
Total cost of revenues 5,299,513 5,437,333
INCOME (LOSS) FROM OPERATIONS 4,341,928 (1,612,783)
OTHER INCOME    
Investment income 12,285 273,419
Gain on disposal of property and equipment 906,026 1,067,994
Forgiveness of loan 326,932 0
Total other income 1,245,243 1,341,413
INCOME (LOSS) BEFORE INCOME TAXES 5,587,171 (271,370)
INCOME TAX BENEFIT    
Current 0 50,300
Deferred 110,700 17,800
Total income tax benefit 110,700 68,100
NET INCOME (LOSS) 5,697,871 (203,270)
Allocation of Partnership Net Income (Loss):    
Limited Partners 5,627,789 (200,806)
General Partner 70,082 (2,464)
NET INCOME (LOSS) $ 5,697,871 $ (203,270)
Net income (loss) per unit (in dollars per share) $ 1.04 $ (0.04)
Oil and Gas [Member]    
REVENUES    
Total revenues $ 9,067,189 $ 3,413,680
Oil and Gas Service [Member]    
REVENUES    
Total revenues 569,670 405,560
Product and Service, Other [Member]    
REVENUES    
Total revenues $ 4,582 $ 5,310