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REVENUE RECOGNITION (Tables) | 9 Months Ended
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Sep. 30, 2022
Revenue from Contract with Customer [Abstract] |
SCHEDULE OF DISAGGREGATED REVENUE | SCHEDULE OF DISAGGREGATED REVENUE
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  | (in thousands) |
Revenue: (1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rockies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Oil |  | $ | 3,407 |  |  | $ | 752 |  |  | $ | 11,385 |  |  | $ | 2,066 |
Natural gas and liquids |  |  | 343 |  |  |  | 101 |  |  |  | 879 |  |  |  | 249 |
Total |  | $ | 3,750 |  |  | $ | 853 |  |  | $ | 12,264 |  |  | $ | 2,315 |
South Texas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Oil |  | $ | 1,670 |  |  | $ | 230 |  |  | $ | 5,482 |  |  | $ | 633 |
Natural gas and liquids |  |  | 275 |  |  |  | 19 |  |  |  | 668 |  |  |  | 47 |
Total |  | $ | 1,945 |  |  | $ | 249 |  |  | $ | 6,150 |  |  | $ | 680 |
West Texas |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Oil |  | $ | 1,370 |  |  | $ | 271 |  |  | $ | 4,202 |  |  | $ | 672 |
Natural gas and liquids |  |  | 35 |  |  |  | 71 |  |  |  | 208 |  |  |  | 141 |
Total |  | $ | 1,405 |  |  | $ | 342 |  |  | $ | 4,410 |  |  | $ | 813 |
Gulf Coast |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Oil |  | $ | 878 |  |  | $ | 312 |  |  | $ | 2,838 |  |  | $ | 838 |
Natural gas and liquids |  |  | 144 |  |  |  | - |  |  |  | 258 |  |  |  | - |
Total |  | $ | 1,022 |  |  | $ | 312 |  |  | $ | 3,096 |  |  | $ | 838 |
Mid-Continent |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Oil |  | $ | 1,654 |  |  | $ | 28 |  |  | $ | 4,239 |  |  | $ | 22 |
Natural gas and liquids |  |  | 2,023 |  |  |  | - |  |  |  | 3,992 |  |  |  | (17 | )
Gathering fee |  |  | 27 |  |  |  | - |  |  |  | 27 |  |  |  | - |
Total |  | $ | 3,704 |  |  | $ | 28 |  |  | $ | 8,258 |  |  | $ | 5 |
Combined Total |  | $ | 11,826 |  |  | $ | 1,784 |  |  | $ | 34,178 |  |  | $ | 4,651 |
| (1) | Negative amounts represent adjustments for the nine months ended September 30, 2021, of estimated accruals to actual revenues received from non-operated properties in Oklahoma.
SCHEDULE OF REVENUE FROM PURCHASERS | SCHEDULE OF REVENUE FROM PURCHASERS
|  | Nine Months Ended September 30, |
Purchaser |  | 2022 |  |  | 2021 |
Purchaser A |  |  | 24 | % |  |  | 27 | %
Purchaser B |  |  | 21 | % |  |  | - |
Purchaser C |  |  | 6 | % |  |  | 35 | %

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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