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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
CURRENT ASSETS    
Cash and equivalents $ 9,586,524 $ 13,159,037
Investments 26,965,697 25,673,269
Production accounts receivable 790,547 2,038,527
Other 510,861 52,795
Total current assets 37,853,629 40,923,628
PROPERTY AND EQUIPMENT    
Proved properties (successful efforts accounting method) 135,663,041 137,061,522
Pipeline and support equipment 617,217 601,823
Corporate and other 2,131,815 2,142,932
Gross property and equipment 138,412,073 139,806,277
Less accumulated depreciation, depletion, amortization and write down 131,767,001 131,780,081
Net property and equipment 6,645,072 8,026,196
OTHER ASSETS 241,178 254,523
TOTAL ASSETS 44,739,879 49,204,347
CURRENT LIABILITIES    
Accounts payable 2,776,546 2,691,917
Accrued expenses 1,011,724 1,054,419
Total current liabilities 3,788,270 3,746,336
OPERATIONAL ADVANCES 3,064,191 3,006,107
ASSET RETIREMENT OBLIGATIONS 16,652,494 15,626,385
COMMITMENTS AND CONTINGENCIES
LIMITED PARTNERS' EQUITY, SUBJECT TO REPURCHASE RIGHT    
Authorized - 8,000,000 Units Issued and outstanding - 4,746,686 and 5,243,119 Units, respectively 20,938,936 26,486,561
GENERAL PARTNER'S EQUITY 295,988 338,958
Total partners' equity 21,234,924 26,825,519
TOTAL LIABILITIES AND PARTNERS' EQUITY $ 44,739,879 $ 49,204,347