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Oil and Gas Properties and Equipment
9 Months Ended
Sep. 30, 2017
Oil And Gas Property [Abstract]  
Oil and Gas Properties and Equipment

2.  OIL AND GAS PROPERTIES AND EQUIPMENT:

 

 

 

September 30,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Proven Properties:

 

 

 

 

 

 

 

 

Acquisition, equipment, exploration, drilling and abandonment costs

 

$

11,158,940

 

 

$

10,752,642

 

Less:  Accumulated depletion, depreciation and amortization

 

 

(9,843,820

)

 

 

(9,742,176

)

 

 

$

1,315,120

 

 

$

1,010,466