XML 33 R22.htm IDEA: XBRL DOCUMENT v3.26.1
Note 10 - Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]

Balance sheet location

 

March 31, 2026

   

December 31, 2025

 

Current assets

  $ -     $ -  

Noncurrent assets

    -       -  

Total assets

  $ -     $ -  
                 

Current liabilities

  $ (1,936 )   $ -  

Noncurrent liabilities

    -       -  

Total liabilities

  $ (1,936 )   $ -  
   

Location of gain (loss) on

derivative contracts on Statement

 

Three Months Ended March 31,

 

Type

   of Income  

2026

   

2025

 

Commodity contracts:

                   

 

Unrealized (loss) on derivative instruments   $ (1,936 )   $ -  

Total net gain (loss)

  $ (1,936 )   $ -  
Schedule of Derivative Instruments [Table Text Block]
   

2026

 

NYMEX WTI Crude Swaps:

       

Total volumes (Bbls)

    518,000  

Weighted average price

  $ 74.92  
Offsetting Assets and Liabilities [Table Text Block]
    Assets from Derivative Contracts     Liabilities from Derivative
Contracts
 

Offsetting of Derivative Assets and

Liabilities

 

March 31,

2026

   

December 31,

2025

   

March 31,

2026

   

December 31,

2025

 
                                 

Gross amounts of recognized assets and liabilities

  $ 2,557     $ -     $ (4,493 )   $ -  

Gross amounts offset in the balance sheet

    (2,557 )     -       2,557       -  

Net amounts of assets and liabilities presented in the balance sheet

  $ -     $ -     $ (1,936 )   $ -