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Property (Tables)
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Aggregate capitalized costs of oil and natural gas properties are as follows:

Aggregate capitalized costs of oil and natural gas properties are as follows:

   March 31, 2023   December 31, 2022 
           
Proved properties  $58,651,754   $52,831,131 
Unproved properties   2,901,047    2,865,556 
Work in process   4,574,733    8,289,652 
Gross capitalized costs   66,127,534    63,986,339 
           
Depreciation, depletion, amortization and impairment   (20,679,739)   (20,116,696)
Total oil and gas properties, net  $45,447,795   $43,869,643 
Other property and equipment consists of operating lease assets, vehicles, office furniture, and equipment with lives ranging from three to five years.

Other property and equipment consists of operating lease assets, vehicles, office furniture, and equipment with lives ranging from three to five years.

 

 

   March 31, 2023   December 31, 2022 
           
Other property and equipment, at cost  $1,812,095   $1,878,325 
Less: accumulated depreciation   (359,958)   (436,796)
Other property and equipment, net  $1,452,137   $1,441,529