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The following represents the Company’s net cash receipts from (payments on) derivatives for the three and nine months ended September 30, 2021 and 2020: (Details) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020
Credit Derivatives [Line Items] |  |  |  |
Net cash receipts from (payments on) derivatives | $ (322,190) | $ 279,533 | $ (686,163) | $ 1,323,426
Oil Derivatives [Member] |  |  |  |
Credit Derivatives [Line Items] |  |  |  |
Net cash receipts from (payments on) derivatives | (177,736) | 279,533 | (541,709) | 1,323,426
Natural Gas Derivatives [Member] |  |  |  |
Credit Derivatives [Line Items] |  |  |  |
Net cash receipts from (payments on) derivatives | $ (144,454) |  | $ (144,454) |

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