DERIVATIVE FINANCIAL INSTRUMENTS - Schedule of Components of Cash (Paid) Received for Commodity Derivative Settlements (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Cash (paid) received for derivative settlements	$ (1,461,515)	$ (658,525)
Oil
Cash flows from operating activities
Cash (paid) received for derivative settlements	(2,738,970)	(663,762)
Natural Gas
Cash flows from operating activities
Cash (paid) received for derivative settlements	$ 1,277,455	$ 5,237