XML 22 R11.htm IDEA: XBRL DOCUMENT v3.20.2
Property and Equipment
 6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment
(4) Property and Equipment:
Property and equipment at June 30, 2020 and December 31, 2019 consisted of the following:
 
(Thousands of dollars)
  
June 30,
2020
   
December 31,
2019
 
Proved oil and gas properties, at cost
  $533,097   $527,729 
Less: Accumulated depletion and depreciation
   (336,249)    (322,409) 
  
 
 
   
 
 
 
Oil and Gas Properties, Net
  $196,848   $205,320 
  
 
 
   
 
 
 
Field and office equipment
  $28,120   $27,542 
Less: Accumulated depreciation
   (21,513)    (20,762) 
  
 
 
   
 
 
 
Field and Office Equipment, Net
  $6,607   $6,780 
  
 
 
   
 
 
 
Total Property and Equipment, Net
  $203,455   $212,100