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BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES - Schedule of Depletion and Depletion Rate per Barrel of Oil Equivalents (Details) | 3 Months Ended
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Mar. 31, 2025 USD ($) $ / Boe | Mar. 31, 2024 USD ($) $ / Boe
Organization, Consolidation and Presentation of Financial Statements [Abstract] |  |
Depletion | $ | $ 22,254,576 | $ 23,429,612
Depletion rate, per barrel-of-oil-equivalent (Boe) | $ / Boe | 13.44 | 13.53

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- Definition Depletion costs incurred in the oil during the reporting period divided by the number of barrels of oil equivalents (BOE) produced. + References No definition available. + Details
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- Definition The noncash expense charged against earnings to recognize the consumption of oil and gas reserves that are part of an entities' assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-28 + Details
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- References No definition available. + Details
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