XML 39 R11.htm IDEA: XBRL DOCUMENT v3.20.1
Oil And Gas Properties
 3 Months Ended
Mar. 31, 2020
Oil And Gas Properties [Abstract]  
Oil And Gas Properties

(5)  Oil and Gas Properties



The following table sets forth information concerning the Company’s oil and gas properties (in thousands):







 

 

 

 

 

 



 

 

 

 

 

 



 

March 31,

 

December 31,



 

2020

 

2019

Oil and gas properties

 

$

 6,697 

 

$

 6,751 

Unevaluated properties

 

 

 —

 

 

 —

Accumulated depreciation, depletion, and amortization

 

 

 (2,505)

 

 

 (2,366)

Oil and gas properties, net

 

$

 4,192 

 

$

 4,385 



The Company recorded depletion expense of $142,000 and $163,000 for the three months ended March 31, 2020 and 2019, respectively.  During the three months ended March 31, 2020 and 2019, the Company also recorded in “Accumulated depreciation, depletion, and amortization” a $2,000 loss on asset retirement obligations and a $7,000 loss on asset retirement obligations, respectively.