XML 26 R13.htm IDEA: XBRL DOCUMENT v3.22.4
ASSET RETIREMENT OBLIGATIONS
12 Months Ended
Dec. 31, 2022
ASSET RETIREMENT OBLIGATIONS  
ASSET RETIREMENT OBLIGATIONSS

NOTE 7 – ASSET RETIREMENT OBLIGATIONS

 

The following table presents the reconciliation of the beginning and ending aggregate carrying amounts of long-term legal obligations associated with the future retirement of oil and natural gas properties for the years ended December 31, 2022 and 2021.

 

 

 

December 31,

2022

 

 

December 31,

2021

 

Carrying amount at beginning of year

 

$53,055

 

 

$46,748

 

Accretion

 

 

8,490

 

 

 

6,307

 

Carrying amount at end of year

 

$61,545

 

 

$53,055