ASSET RETIREMENT OBLIGATION - Schedule of Changes in Asset Retirement Obligations (Details) |
3 Months Ended |
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Mar. 31, 2025
USD ($)
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Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] | |
Beginning balance | $ 26,382,517 |
Liabilities acquired | 2,587,179 |
Liabilities incurred | 16,867 |
Liabilities settled | (44,763) |
Accretion expense | 326,549 |
Ending balance | $ 29,268,349 |
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- Definition Amount of asset retirement obligations acquired during the period. No definition available.
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- Definition Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The carrying amount of a liability for an asset retirement obligation. An asset retirement obligation is a legal obligation associated with the disposal or retirement of a tangible long-lived asset that results from the acquisition, construction or development, or the normal operations of a long-lived asset, except for certain obligations of lessees. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset retirement obligations incurred during the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset retirement obligations settled, or otherwise disposed of, during the period. This may include asset retirement obligations transferred to third parties associated with the sale of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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