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Property (Tables)
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
The aggregate capitalized costs of oil and natural gas properties as of December 31, 2021 and 2020 are as follows:

The aggregate capitalized costs of oil and natural gas properties as of December 31, 2021 and 2020 are as follows:

   2021   2020 
         
Proved producing wells  $20,689,548   $4,508,739 
Proved undeveloped   2,724,966    2,715,980 
Lease and well equipment   5,311,779    1,360,596 
Asset retirement obligation   18,188,033    14,126,130 
Gross capitalized costs   46,914,326    22,711,445 
Depreciation, depletion, amortization and impairment   (17,525,918)   (15,148,444)
Net capitalized costs  $29,388,408   $7,563,001 
Other property and equipment consists of operating lease assets, vehicles, office furniture, and equipment with lives ranging from three to five years

Other property and equipment consists of operating lease assets, vehicles, office furniture, and equipment with lives ranging from three to five years.

 

   2021   2020 
Other property and equipment, at cost  $1,547,325    738,438 
Less: accumulated depreciation   (258,714)   (76,421)
Oher property and equipment, net  $1,288,611    662,017