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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2021
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue

The Company disaggregates revenues from its share of revenue from the sale of oil and natural gas and liquids by state. The Company’s revenues in its North Dakota, Texas and other states for the three months ended March 31, 2021 and 2020, are presented in the following table:

 

    Three months ended
March 31,
 
    2021     2020  
    (in thousands)  
Revenue:                
North Dakota                
Oil   $ 522     $ 489  
Natural gas and liquids     79       49  
Total     601       538  
                 
Texas                
Oil     618       366  
Natural gas and liquids     18       19  
Total     636       385  
                 
Other (1)                
Oil     (8 )     -  
Natural gas and liquids     (18 )     -  
Total     (26 )     -  
                 
Combined Total   $ 1,211     $ 923  

 

  (1) Adjustments of estimated accruals to actual revenues received from non-operated properties in other regions.
Schedule of Significant Concentrations 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   2021     2020  
Zavanna, LLC     39 %     31 %
CML Exploration, LLC     10 %     52 %