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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES        
Total revenues $ 1,060,442 $ 1,156,016 $ 2,594,258 $ 3,362,859
DIRECT COST OF REVENUES        
Production costs 454,837 432,041 1,147,314 1,217,107
Well management and operating 52,060 58,356 127,186 143,857
Depreciation, depletion and amortization 101,198 302,835 211,343 573,635
Accretion expense 297,500 300,400 599,900 608,700
Total direct cost of revenues 905,595 1,093,632 2,085,743 2,543,299
GENERAL AND ADMINISTRATIVE EXPENSE 575,914 549,154 1,175,980 1,156,354
Total cost of revenues 1,481,509 1,642,786 3,261,723 3,699,653
INCOME (LOSS) FROM OPERATIONS (421,067) (486,770) (667,465) (336,794)
OTHER INCOME        
Investment income 417,038 263,362 813,706 535,499
Gain (loss) on disposal of property and equipment (1,749) 20,255 80,318 20,255
Total other income 415,289 283,617 894,024 555,754
NET INCOME (LOSS) (5,778) (203,153) 226,559 218,960
Allocation of Partnership Net Income (Loss):        
Limited Partners (5,698) (200,540) 223,401 216,240
General Partner (80) (2,613) 3,158 2,720
Net income (loss) $ (5,778) $ (203,153) $ 226,559 $ 218,960
Net income (loss) per Unit (in dollars per share) $ 0 $ (0.04) $ 0.05 $ 0.04
Oil and Gas [Member]        
REVENUES        
Total revenues $ 973,422 $ 1,057,998 $ 2,381,937 $ 3,121,633
Oil and Gas Service [Member]        
REVENUES        
Total revenues 86,440 97,195 211,047 239,366
Product and Service, Other [Member]        
REVENUES        
Total revenues $ 580 $ 823 $ 1,274 $ 1,860