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SCHEDULE OF SOURCES OF CHANGES IN DISCOUNTED FUTURE NET CASH FLOWS (Details) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]      
Standardized measure of discounted future net cash flows at the beginning of the year $ 10,120,562 $ 14,513,446 $ 4,222,805
Extensions, discoveries and improved recovery, less related costs 500,000 500,000 (7,000,000)
Revisions of previous quantity estimates 6,073,161 (3,431,073) 85,790,320
Changes in estimated future development costs 811,043 752,299 (42,865,000)
Purchases (sales) of minerals in place
Net changes in prices and production costs (21,967,808) (4,090,493) 3,655,533
Accretion of discount 2,377,063 1,384,269 (8,462,229)
Sales of oil and gas produced, net of production costs (2,536,006) (2,166,491) (2,946,923)
Development costs incurred during the period 201,946 245,202 103,337
Change in timing of estimated future production and other
Net change in income taxes 9,999,882 2,413,403 (17,984,397)
Standardized measure of discounted future net cash flows at the end of the year $ 5,579,842 $ 10,120,562 $ 14,513,446