ASSET RETIREMENT OBLIGATION - Changes in Asset Retirement Obligations (Details) - USD ($) |
6 Months Ended | |
|---|---|---|
Jun. 30, 2023 |
Jun. 30, 2022 |
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| Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] | ||
| Balance, December 31, 2022 | $ 30,226,306 | |
| Liabilities acquired | 0 | |
| Liabilities incurred | 173,516 | |
| Asset retirement obligation sold | (2,262,478) | $ 0 |
| Liabilities settled | (151,656) | |
| Revision of estimate | 0 | |
| Accretion expense | 719,725 | |
| Balance, June 30, 2023 | $ 28,705,413 | |
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- Definition Amount of asset retirement obligations acquired during the period. No definition available.
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- Definition Amount of asset retirement obligations properties sold, 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. 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 Amount of increase (decrease) in the asset retirement obligation from changes in the amount or timing of the estimated cash flows associated with the settlement of the obligation. 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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