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v3.21.1

Organization, Operations and Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2020
Accounting Policies [Abstract] |
Schedule of Concentration of Credit Risk | The following table presents the joint interest operators that accounted for 10% or more of the Company’s total oil and natural gas revenue for at least one of the periods presented:
Operator |  | 2020 |  |  | 2019 |
Zavanna, LLC |  |  | 41 | % |  |  | 31 | %
CML Exploration, LLC |  |  | 25 | % |  |  | 52 | %
Schedule of Property and Equipment Useful Life | Depreciation of administrative assets is provided principally by the straight-line method over estimated useful lives as follows:
|  | Years |
Administrative assets: |  |  |  |
Computers and software |  |  | 3 to 10 |
Office furniture and equipment |  |  | 5 to 20 |

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