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The capitalized costs of oil and natural gas properties as of December 31, 2023 and 2022 are as follows: (Details) - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
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

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Amount of accumulated depreciation, depletion, amortization and valuation allowance relating to oil and gas producing activities.

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The sum of capitalized costs relating to oil and gas producing activities before accounting for accumulated depreciation.

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Net amount of capitalized costs relating to oil and gas producing activities.

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Capitalized costs of proved properties incurred for any combination mineral interests acquisitions; wells and related equipment; support equipment and facilities; and uncompleted wells and equipment and other costs not previously disclosed within this table.

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Capitalized costs of unproved properties incurred for any combination mineral interests acquisitions and other costs not previously disclosed within this table.

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