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PROPERTY AND EQUIPMENT (Tables)

9 Months Ended

Sep. 30, 2019

Property And Equipment

Schedule of capitalized costs of oil and natural gas properties

Proved producing wells		$	3,900,739
Proved undeveloped			2,232,458
Lease and well equipment			1,106,342
Asset retirement obligation			3,629,491
Unproved leasehold costs			9,121
Gross capitalized costs			10,878,151
Less: accumulated depreciation and depletion			(1,664,059	)
		$	9,214,092

Oher property and equipment, at cost		$	14,456
Less: accumulated depreciation			(1,046	)
Oher property and equipment, net			13,410

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- References

No definition available.

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- Definition

Tabular disclosure of in process activities, such as the number of wells in process of drilling (including wells temporarily suspended), water floods in process of installation, pressure maintenance operations, and any other related operations of material importance by appropriate geographic areas.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 1206

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