Ring Energy, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

FAIR VALUE MEASUREMENTS (Details)

v3.22.2.2

FAIR VALUE MEASUREMENTS (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Derivative Asset, Statement of Financial Position [Extensible Enumeration]	Assets
Derivative Liability, Statement of Financial Position [Extensible Enumeration]	Liabilities
Fair Value Measurement Classification
Commodity Derivatives - Assets	$ 24,867,995
Commodity Derivatives - Liabilities	(32,502,077)	$ (29,241,588)
Total	(7,634,082)	(29,241,588)
Quoted prices in Active Markets for Identical Assets or (Liabilities) (Level 1) \| Fair Value Measurement Classification
Commodity Derivatives - Assets	0
Commodity Derivatives - Liabilities	0	0
Total	0	0
Significant Other Observable Inputs (Level 2) \| Fair Value Measurement Classification
Commodity Derivatives - Assets	24,867,995
Commodity Derivatives - Liabilities	(32,502,077)	(29,241,588)
Total	(7,634,082)	(29,241,588)
Significant Unobservable Inputs (Level 3) \| Fair Value Measurement Classification
Commodity Derivatives - Assets	0
Commodity Derivatives - Liabilities	0	0
Total	$ 0	$ 0

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