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OIL AND NATURAL GAS PRODUCING ACTIVITIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Oil and Gas Disclosure [Abstract] |
Schedule of Capitalized Costs Relating to Oil and Natural Gas Producing Activities |
As of December 31, |  | 2024 |  | 2023
Oil and natural gas properties, full cost method |  |  |  |
Proved properties |  | 1,809,309,848 |  |  | 1,663,548,249 |
Unproved properties |  | — |  |  | — |
Total oil and natural gas properties, full cost method |  | 1,809,309,848 |  |  | 1,663,548,249 |
Accumulated depletion of oil and natural gas properties |  | (469,786,336) |  |  | (373,280,583) |
Net oil and natural gas properties capitalized |  | $ | 1,339,523,512 |  |  | $ | 1,290,267,666 |
Schedule of Net Costs Incurred in Oil and Gas Producing Activities | Costs Incurred in Oil and Gas Producing Activities
For the years Ended December 31, |  | 2024 |  | 2023 |  | 2022
Payments to acquire oil and natural gas properties |  | $ | 2,210,826 |  |  | $ | 82,900,900 |  |  | $ | 179,387,490 |
Payments to explore oil and natural gas properties |  | — |  |  | — |  |  | — |
Payments to develop oil and natural gas properties |  | 153,945,456 |  |  | 152,559,314 |  |  | 129,332,155 |
Total costs incurred |  | $ | 156,156,282 |  |  | $ | 235,460,214 |  |  | $ | 308,719,645 |

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