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ASSET RETIREMENT OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2022
Asset Retirement Obligation Disclosure [Abstract]  
SCHEDULE OF CHANGES IN OUR ASSET RETIREMENT LIABILITY

The following table describes changes in our asset retirement liability (“ARO”) during each of the years ended December 31, 2022 and 2021.

 

   2022   2021 
         
ARO liability at January 1  $68,209   $63,929 
Additions from new drilling        
Dispositions from sales of oil and gas properties        
Changes in estimates        
Accretion expense   4,580    4,280 
           
ARO liability at December 31  $72,879   $68,209