DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of components of Gain (loss) on derivative contracts (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Gain (loss) on derivative contracts	$ (77,853,141)	$ 21,366,068	$ (3,000,078)
Oil
Gain (loss) on derivative contracts	(77,654,452)	20,357,812	$ (3,000,078)
Natural Gas
Gain (loss) on derivative contracts	$ (198,689)	$ 1,008,256