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REVENUE RECOGNITION (Tables)
 3 Months Ended
Mar. 31, 2022
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATED REVENUE

   2022   2021 
   Three months ended
March 31,		 
   2022   2021 
   (in thousands) 
Revenue:          
Rockies          
Oil  $3,391   $522 
Natural gas and liquids   193    79 
Total   3,584    601 
           
South Texas          
Oil   1,636    192 
Natural gas and liquids   139    15 
Total   1,775    207 
           
West Texas          
Oil   1,428    177 
Natural gas and liquids   62    3 
Total   1,490    180 
           
Gulf Coast          
Oil   717    249 
Natural gas and liquids   4    - 
Total   721    249 
           
Mid-Continent (1)          
Oil    759    (8)
Natural gas and liquids    543    (18)
Total    1,302    (26)
           
Combined Total  $8,872   $1,211 

 

  (1) Negative amounts represent adjustments for the three months ended March 31, 2021, of estimated accruals to actual revenues received from non-operated properties in Oklahoma.
SCHEDULE OF SIGNIFICANT CONCENTRATIONS OF CREDIT RISK

 

Operator  2022   2021 
Purchaser A   25%   - 
Purchaser B   16%   - 
Purchaser C   15%   - 
Purchaser D   6%   39%
Purchaser E   3%   10%