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Property (Tables)
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
The capitalized costs of oil and natural gas properties as of December 31, 2023 and 2022 are as follows:

The capitalized costs of oil and natural gas properties as of December 31, 2023 and 2022 are as follows:

   2023   2022 
         
Proved Properties  $75,346,623   $52,831,131 
Unproved Properties   3,245,431    2,865,556 
Work in process   14,917,749    8,289,652 
Gross capitalized costs   93,509,803    63,986,339 
Depreciation, Depletion, Amortization and Impairment   (22,996,805)   (20,116,696)
Total Oil and Gas Properties, Net  $70,512,998   $43,869,643 
The capitalized costs of other property and equipment as of December 31, 2023 and 2022 are as follows:

Other property and equipment consists of operating lease assets, vehicles, office furniture, and equipment with lives ranging from three to five years. The capitalized costs of other property and equipment as of December 31, 2023 and 2022 are as follows:

 

   2023   2022 
           
Other property and equipment, at cost  $2,998,018    1,878,325 
Less: accumulated depreciation   (1,114,807)   (436,796)
Oher property and equipment, net  $1,883,211   $1,441,529