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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and equivalents $ 9,219,826 $ 9,586,524
Investments 28,402,617 26,965,697
Production accounts receivable 918,745 790,547
Other 28,060 510,861
Total current assets 38,569,248 37,853,629
PROPERTY AND EQUIPMENT    
Proved properties (successful efforts accounting method) 134,156,537 135,663,041
Pipeline and support equipment 617,217 617,217
Corporate and other 2,156,948 2,131,815
Gross property and equipment 136,930,702 138,412,073
Less accumulated depreciation, depletion, amortization and write down 130,851,814 131,767,001
Net property and equipment 6,078,888 6,645,072
OTHER ASSETS 267,575 241,178
TOTAL ASSETS 44,915,711 44,739,879
CURRENT LIABILITIES    
Accounts payable 2,714,240 2,776,546
Accrued expenses 997,093 1,011,724
Total current liabilities 3,711,333 3,788,270
OPERATIONAL ADVANCES 3,287,702 3,064,191
ASSET RETIREMENT OBLIGATIONS 17,581,892 16,652,494
Commitments and Contingencies 0  
LIMITED PARTNERS' EQUITY, SUBJECT TO REPURCHASE RIGHT    
Authorized - 8,000,000 Units Issued and outstanding - 4,634,720 and 4,746,686 Units, respectively 20,044,593 20,938,936
GENERAL PARTNER'S EQUITY 290,191 295,988
Total partners' equity 20,334,784 21,234,924
TOTAL LIABILITIES AND PARTNERS' EQUITY $ 44,915,711 $ 44,739,879